440 W 87th St

Chicago, IL 60620

• Investment Property
• Land for Sale
• $687,480 CAD
• 1.96 AC Lot

Chicago Land for Sale - South Chicago

Rare opportunity to acquire nearly two acres of vacant, undeveloped land positioned just off a strong commercial corridor with convenient access to the Dan Ryan Expressway. Zoned M1-2, the site allows for a wide range of light industrial and limited commercial uses, including warehousing, distribution, and light manufacturing. The property also presents a compelling redevelopment opportunity for mixed-use or residential development, offering the potential to expand commercial activity from the 87th Street & Dan Ryan node while serving surrounding neighborhoods. Ideal for investors, developers, or owner-users seeking a well-located infill site with strong long-term upside

Contact:

Baird & Warner

Property Subtype:

Commercial

Date on Market:

2026-01-02

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5001 S Michigan Ave

Chicago, IL 60615

• Investment Property
• Health Care for Sale
• $4,881,108 CAD
• 45,856 SF

Chicago Health Care for Sale - South Chicago

SVN is pleased to present 5001 S Michigan Avenue, located in the desirable Bronzeville market of Chicago's South Side. The building was built in 1976 with the original use of a senior living facility. The property is now vacant and ready for repurpose, such as Senior Living, Medical Office, or multifamily redevelopment. The property has been well maintained and strong condition. Major Capital improvements consist of newer tuckpointing, newer roof, newer elevator, newer windows, and high-quality interior finishes. Heat is provided by multiple Boiler Systems, forced air, and electric baseboards. The building has three electrical rooms (1) basement (2) 4th floor, fire protection system, sprinkler system, and newer water tanks. The building also includes a gated parking lot with roughly 40+ parking spaces.

Contact:

SVN | Chicago Commercial

Property Subtype:

Assisted Living

Date on Market:

2025-12-01

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Tangled Roots Craft Beer & Kitchen - Tenant - 140 Washington Sq

Washington, IL 61571

• Investment Property
• Retail for Sale
• $7,012,294 CAD
• 10,510 SF

Washington Retail for Sale - Outlying Tazewell County

**Investment Opportunity: Tangled Roots Beverage Company Triple Net Leased Building - Washington, Illinois** Presenting a premier investment opportunity in the heart of downtown Washington, Illinois: the Tangled Roots Beverage Company building. This stunning property, undergoing a multimillion-dollar renovation, stands as a testament to modern design while contributing to the vibrant character of the town square. At the forefront of this investment is the first-floor restaurant, designed to attract a diverse clientele with its upscale finishes and inviting ambiance. The extensive renovations promise not only aesthetic appeal but also functionality, ensuring that the restaurant thrives in a competitive market. The second floor hosts a lively brew pub complemented by a rooftop bar that offers breathtaking views and a unique social atmosphere. These spaces are designed to maximize foot traffic and patron engagement, providing a robust revenue stream for years to come. One of the standout features of this property is the eight-year lease agreement with Tangled Roots, beginning April 20, 2025, which includes a five-year option for renewal. This long-term commitment provides stability and peace of mind for any investor, ensuring a steady income source while reducing tenant turnover risks. Additionally, the building houses four luxurious Airbnb residential units, each meticulously renovated to provide guests with upscale accommodations in a prime location. With high demand for short-term rentals in the area, these units promise consistent occupancy and profitability. Surrounded by a variety of businesses in a bustling square, this investment property is not just a restaurant; it is a multifaceted hub designed for growth and profitability. With Tangled Roots Beverage Company as your tenant, this investment assures sound returns in a thriving community. Explore the potential of this remarkable piece of architecture—an investment that embodies both aesthetic appeal and lucrative opportunities in Washington, Illinois.

Contact:

Brummel Properties

Date on Market:

2025-11-25

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3 units in East Alton, IL - 187 Goulding St

East Alton, IL 62024

• Investment Property
• Multifamily for Sale
• $75,485 CAD
• 1,288 SF

• Air Conditioning
• Kitchen

East Alton Multifamily for Sale - Illinois

GREAT INVESTMENT!!! Duplex and single family, total of 3 units. VACANT AND READY FOR REHAB!!! Separate electric, water and gas meters, no utility expenses! Close to a big city!!! CHEAP TO MAINTAIN!!! PROPERTY WILL GENERATE A 23%+ NET RETURN ON INVESTMENT!!! OVER $30K IN VALUE ADD!!! Do not miss out on this investment opportunity.

Contact:

LOYD Realty

Property Subtype:

Apartment

Date on Market:

2025-11-19

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Fabyan

Batavia, IL 60510

• Investment Property
• Land for Sale
• $3,574,896 CAD
• 4.50 AC Lot

Batavia Land for Sale - Western East/West Corr

Located on a prime 4.5 acre site, plaza west offers the potential to develop a 105-unit apartment community in the affluent and rapidly expanding Batavia-Geneva corridor. This high-demand submarket continues to see strong population growth, rising home values, and increasing demand for quality multifamily housing. The site is ideally positioned with excellent visibility, access to major roadways, and proximity to vibrant downtown areas, national retailers, and public amenities. Plaza West represents a compelling value proposition for developers looking to deliver a premier residential projection one of the most sought-after suburban communities in Illinois. For more information, contact Jameson Commercial today! This is more than a site - it’s a community in the making!

Contact:

Jameson Commercial Real Estate

Property Subtype:

Commercial

Date on Market:

2025-11-14

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SWC of Gages Lake Road & Hunt Club Road - 33588 Hunt Club Rd

Libertyville, IL 60048

• Investment Property
• Land for Sale
• $4,124,880 CAD
• 21 AC Lot

Libertyville Land for Sale - Far North

Available for 3,000,000. Located approximately 3 miles northwest from the I-94/ Route 120 interchange and 2 miles east of Route 45. Just south of shopping including Gurnee Mills Mall, Target, Walmart, Sam’s Club, Jewel-Osco, The Home Depot and others.

Contact:

CBRE, Inc.

Property Subtype:

Residential

Date on Market:

2025-10-07

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13+/-Beds Established Memory Care Northern IL - 13+/-Beds Established Memory Care Northern IL

Princeton, IL 61356

• Investment Property
• Health Care for Sale
• $1,058,719 CAD
• 2,992 SF

Princeton Health Care for Sale - Bureau County

KW Commercial and My ALF Consultant are pleased to offer for sale a well-established, family-owned assisted living and memory care facility, licensed for up to 14 beds across 12 units. This facility is part of a portfolio of three properties owned by the same company, with the owner looking to retire and downsize by selling each facility individually or as a portfolio. Operating consistently since 1993, the facility maintains high occupancy with dedicated staff and management, including a nurse on staff seven days a week and a house manager. Located in a peaceful residential community near a town center, the facility provides a cozy, home-like environment in a rural suburban setting. The facility stands out as the only small-scale assisted living option in its market, competing with a single larger, more institutional facility. Its intimate setting, with a low resident-to-staff ratio across its 8 units, allows residents to age in place while receiving personalized care for memory loss disorders, such as Alzheimer’s. The warm interior, featuring soft colors, fireplaces, and sunrooms, fosters a sense of family and comfort. The specialized memory care unit provides a secure, holistic care approach, enhancing residents’ dignity and independence through tailored activities and 24-hour support, making it a preferred choice for seniors seeking a non-corporate atmosphere. Financially, the facility offers a strong investment opportunity in the essential senior care industry. In 2024, it generated a Net Seller’s Discretionary Income of $110,974.65, yielding a capitalization rate of 13.81%. Buyers with healthcare experience may qualify for a Small Business Administration loan, requiring as little as 10% down payment, or approximately $80,000, to acquire both the real estate and a thriving business. This sale presents a unique opportunity to invest in a well-run facility with a proven track record in a growing market.

Contact:

Midwest Investment Advisors

Property Subtype:

Assisted Living

Date on Market:

2025-09-29

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20295 W. Washington St., Grayslake, IL 60030 - 20335 W Washington St

Grayslake, IL 60030

• Investment Property
• Land for Sale
• $2,749,920 CAD
• 22 AC Lot

Grayslake Land for Sale - Far North

+ FOR SALE ±22 Gross Acres - Divisible ±12 Buildable Acres + ZONED SCB - Shopping Business District & R5 - Residential District (15 units/acre) + Signalized intersection + All utilities to site + Grayslake Metra Station is 1 mile west of site + Potential for high density residential

Contact:

Robert E. Frank Real Estate

Property Subtype:

Commercial

Date on Market:

2025-09-25

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15+/- Bed Memory Care Illinois Near Peoria - 15+/- Bed Memory Care Illinois Near Peoria

Elmwood, IL 61529

• Investment Property
• Health Care for Sale
• $4,056,132 CAD
• 13,381 SF

• Controlled Access
• Smoke Detector

Elmwood Health Care for Sale - Outlying Peoria County

KW Commercial and My ALF Consultant are pleased to offer for sale a family-owned, custom-built assisted living and memory care facility, featuring 12 units with an allowed occupancy of up to 16 residents. Constructed in 2014, this 12,720-square-foot facility includes a secure assisted living wing and a memory care wing, connected by an interior courtyard. The assisted living side offers three one-bedroom suites and three standard rooms, all with private bathrooms, while the memory care wing has three private rooms with private bathrooms and three rooms with shared bathrooms. Both wings feature separate living and dining areas, creating a cozy, home-like environment with soft colors, fireplaces, and sunrooms. Situated on a large lot in a high-end residential neighborhood, the facility enjoys scenic views and a serene setting. Operating since 1993 as part of a three three-facility portfolio, it maintains high occupancy and strong room rates, reflecting its reputation for personalized care. With 24/7 staff support, specialized Alzheimer’s care, and engaging activities, it ensures residents’ dignity and independence in a secure environment. Financially, the facility generated a 2024 Seller’s Discretionary Income of $327,737.21, presenting a robust investment opportunity. Eligible for SBA 7a and 504 loan programs, experienced operators may acquire the real estate and business with as little as 10% down. Interested parties must sign a confidentiality agreement for further details.

Contact:

Midwest Investment Advisors

Property Subtype:

Assisted Living

Date on Market:

2025-09-19

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251 N Center St

Joliet, IL 60435

• Investment Property
• Office for Sale
• $1,368,085 CAD
• 16,303 SF

Joliet Office for Sale - Joliet/Central Will

Presenting 251 North Center Street, a rare opportunity to purchase or lease a larger one-story office building with high visibility in Joliet. After years of diligent upkeep and renovation, this 16,300 SF building showcases attractive architectural details of 1932 construction without the negatives often found in an older structure. Zoned B-1 Neighborhood Business within the City of Joliet, this property will accommodate a wide range of office, medical, or retail users. Currently configured for 21 private offices, 3 spacious recreation rooms, a commercial kitchen with hood, and a fully finished basement with elevator access. Long home to Senior Services of Will County, the 16,300 SF building has been properly maintained with numerous big-ticket replacements and servicing including roof and HVAC systems. In addition to a parking availability for 40 vehicles on site, this offering includes an additional .48 acre parking lot and detached garage across Center St, giving a total of 78+ parking spots. Building is ADA accessible with multiple entrances including a main covered entrance with air curtain system. Conveniently positioned in a great Joliet area, a quarter mile west of downtown, half mile south of University of St. Francis, two blocks north of Jefferson, and 1.3 miles north of I-80. A front facing LED Monument capitalizes on the 13,000+ vehicles per day exposure on Center ST. This is a versatile and strategically positioned space for the growing company or investor. Some leaseback opportunities exist with current tenants but entire space is available to a new owner or tenant if desired. Don’t miss this opportunity- call for more information or schedule a private tour!

Contact:

John Greene Commercial

Date on Market:

2025-09-12

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321 Edgewater Dr

Bloomingdale, IL 60108

• Investment Property
• Land for Sale
• $3,437,400 CAD
• 4.70 AC Lot

Bloomingdale Land for Sale - North DuPage

LOCATION: • South of Lake St (Rt 20), a major east/west corridor • Easy access to I-355 full interchange via Army Trail Rd • Bloomingdale is an affluent Chicagoland suburb, offering shopping, dining and entertainment • Lake Park High School District, a top 50 high school in

Contact:

CBRE

Property Subtype:

Commercial

Date on Market:

2025-09-10

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7 Brew - 11385 Lincoln Hwy

Mokena, IL 60448

• Investment Property
• Retail for Sale
• $2,045,253 CAD
• 510 SF

Mokena Retail for Sale - Joliet/Central Will

SRS National Net Lease is pleased to offer the opportunity to acquire the leased fee interest (land only) in a newly built, freestanding, absolute NNN, 7-Brew investment property located in Mokena, IL (Chicago MSA). The tenant, Who Brew IL I, LLC (dba 7-Brew), recently signed a brand new 15-year lease with 8 (5-year) option periods to extend, demonstrating their commitment to the site. The lease features 2% annual rental increases through year 6 followed by a one-time 10% increase in year 11 with an additional 10% increase at the beginning of each option thereafter (see rent roll). The lease is franchisee guaranteed and is absolute NNN with zero landlord responsibilities, making this an ideal, management-free investment opportunity for a passive investor. Founded in 2017, 7-Brew has quickly become a consumer favorite coffee chain with over 430 locations. 7-Brew is strategically located near the signalized, hard corner intersection of Lincoln Highway and Wolf Road with clear visibility and access to an average of 34,800 vehicles passing by daily. The property also benefits from nearby access onto U.S. Highway 45 (35,200 VPD), connecting the southern Chicago MSA. The property is ideally situated within a dense retail trade area and lies as an outparcel to Mokena Marketplace, a 385K+ SF Community Center anchored by Meijer and JCPenney. The additional surrounding tenants include PetSmart, Kohl’s, Chipotle, Binny’s Beverage Depot, McAlister’s Deli, Chase Bank, Office Depot, and others. The strong tenant presence drives a steady stream of loyal, local consumers, promoting crossover exposure and contributing to the economy. Furthermore, the property is near numerous single-family communities and multi-family complexes including New Lenox Horizon Senior Living (53 units), Lincoln Station Rowhomes (220 units), and others, providing a direct residential consumer base. The 5-mile trade area is supported by over 98,600 residents and 41,900 daytime employees with an affluent average household income of $155,200.

Contact:

SRS Real Estate Partners

Date on Market:

2025-08-15

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Great Development Land on Heggs Road - 10.38 Heggs Road

Plainfield, IL 60585

• Investment Property
• Land for Sale
• $1,568,502 CAD
• 10.38 AC Lot

Plainfield Land for Sale - Joliet/Central Will

Discover an exceptional opportunity with this just-over 10-acre parcel of land located in Plainfield, adjacent to the Oswego border. This prime real estate is strategically situated in an area designated for development in the comprehensive plan, making it a blank canvas for various possibilities, including a church or temple and senior living multifamily developments. First time on the market, this expansive property benefits from its proximity to new and ongoing developments in the surrounding area, signaling a vibrant growth trajectory for the community. The location offers easy access to major roadways, amenities, and services, ensuring convenience for future residents or patrons. Whether you envision a serene senior living community, a welcoming place of worship, or multifamily residences, this tract of land offers the potential to shape the future of the region. Don't miss out on this rare opportunity to invest in a thriving area poised for continued growth and prosperity!

Contact:

Brummel Properties

Property Subtype:

Agricultural

Date on Market:

2025-08-12

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1440 Higgins Rd

Park Ridge, IL 60068

• Investment Property
• Land for Sale
• $5,499,840 CAD
• 2.19 AC Lot

Park Ridge Land for Sale - O'Hare

Strategically situated in the highly developed Park Ridge/O’Hare corridor, this prime parcel offers unmatched connectivity and development flexibility. The site is ideal for hotel, senior housing, medical office, retail, or other commercial uses. With over 24,000 vehicles passing daily on Higgins Road and more than 238,000 on nearby I-90, the location ensures maximum exposure. Surrounded by Class A office buildings, restaurants, and retail centers, and walkable to public transit, this property presents a rare opportunity for impactful development in one of Chicago’s most dynamic submarkets. *The property is being sold in "as is, where is" condition.

Contact:

Realty Advisors Elite, LLC

Property Subtype:

Commercial

Date on Market:

2025-08-06

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Frankfort Land - 10700 W Lincoln Hwy

Frankfort, IL 60423

• Investment Property
• Land for Sale
• $1,649,952 CAD
• 5 AC Lot

Frankfort Land for Sale - Joliet/Central Will

5 acre commercial corner site available with frontage right on Route 30/Lincoln Way Highway in Frankfort, IL. This site is intended for commercial use, preferably for a funeral home-type business. Positioned 1.5 miles to the west of the busy intersection of IL Route 30 and IL Route 45 in Frankfort, IL, this commercial lot offers outstanding exposure and steady traffic flow—perfect for drawing in customers. The site benefits from its central location in a thriving area, with convenient access to both established neighborhoods and other nearby businesses. With a strong local economy, well-developed infrastructure, and ongoing growth in the region, this location is an excellent choice for businesses looking to expand and thrive.

Contact:

Goodwin & Associates Real Estate L.L.C.

Property Subtype:

Commercial

Date on Market:

2025-07-03

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Old Spoon River College - 208 S Johnson St

Macomb, IL 61455

• Investment Property
• Specialty for Sale
• $955,597 CAD
• 50,491 SF

• Air Conditioning
• Wheelchair Accessible

Macomb Specialty for Sale

Lots of space and lots of potential possibilities to the next owner of this property. Built and always used as a school this three-story brick building has just over 50,000 sq ft of space, large center hallways, multiple sized rooms, some large with tall ceilings, heating & cooling systems, fire system, elevator, six bathrooms with multiple stalls, shop area with garage, and parking for roughly 40+ cars plus some street parking. The building has been well maintained over the past 40 years by its current owners, investing more than seven times the current asking price. The possibilities for this building are great, a private school, senior living center, apartment complex, upscale condominiums, office complex, shopping center or both, city/county office space, the possibilities are endless, and the price is very affordable.

Contact:

Century 21 Purdum-Epperson

Property Subtype:

Schools

Date on Market:

2025-06-11

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NWC Route 6 & McDonald Dr

Channahon, IL 60410

• Investment Property
• Land for Sale
• $680,605 CAD
• 5.60 AC Lot

Channahon Land for Sale - Joliet/Central Will

Retail Lot For Sale Total Available: ±5.6 Acres Versatile Investment Opportunity $495,000

Contact:

Cawley Commercial Real Estate

Property Subtype:

Commercial

Date on Market:

2025-05-28

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2000 W Jefferson St

Joliet, IL 60435

• Investment Property
• Land for Sale
• $4,098,945 CAD
• 7.95 AC Lot

Joliet Land for Sale - Joliet/Central Will

• 7.95 AC with over 560’ of Jefferson St frontage • May be divisible to accommodate a variety of uses including retail, restaurant, car dealership and medical • Potential Industrial zoning on Lot C • Across the street from re developed grocery anchored development • Quick access to I-80 interchange within ¾ mile • Lot A is $11.95 PSF or $1,717,219.50 (Retail) • Lot B is $11.95 PSF or $1,717,219.50 (Retail) • Lot C is $4.25 PSF or $638,698 (Industrial) • Combined Lots A, B and C total price is $2,981,137.50

Contact:

Caton Commercial Real Estate Group

Property Subtype:

Commercial

Date on Market:

2025-04-02

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Bronzeville Land Parcel Available - 556 47th St

Chicago, IL 60653

• Investment Property
• Land for Sale
• $1,588,079 CAD
• 21,000 AC Lot

Chicago Land for Sale - South Chicago

Presented by the Midwest Investment Advisors team with KW Commercial and Keller Williams ONEChicago. Located in the thriving neighborhood of Bronzeville, Chicago, this land parcel portfolios offers a prime opportunity to invest in an area poised for development. With significant cultural value and a rapidly growing economic landscape, Bronzeville is attracting attention from developers, businesses, and investors alike. This land portfolio includes 2 parcels, all strategically located to capitalize on the neighborhood's ongoing revitalization and increasing demand for both residential and commercial developments. The land parcels in this portfolio range in size and zoning, offering flexibility for various development possibilities. These include: 556 E 47th St. | 14,980 SF | Zoned B3-2. | APN - 20-03-424-025-0000 4644 S Saint Lawrence | 6,020 SF | Zoned B3-2. | APN - 20-03-424-017-0000 Total | 21,000 SF | Zoned B3-2. | Purchase Price - $1,155,000 Bronzeville Neighborhood Development Bronzeville has become a key area for urban development in Chicago, benefiting from several major projects. The Bronzeville Lakefront Project is one of the largest undertakings in the area, transforming the former Michael Reese Hospital site into a mixed-use development that includes residential units, retail, and office spaces. Additionally, the Artis Senior Living Center and Boxville Marketplace continue to shape the neighborhood’s identity, bringing commercial activity and community-focused ventures to the area. Positive Economic Indicators Bronzeville’s economic outlook is highly favorable for investors: Rising Property Values: The neighborhood has seen significant appreciation in property values, fueled by development projects and increasing demand. Job Growth: Employment opportunities, particularly in healthcare, education, and technology, are expanding, contributing to the neighborhood's economic vitality. Transportation Access: Bronzeville boasts excellent public transportation options, making it a convenient location for both residents and businesses. Overall, this land parcel represents a strong investment opportunity in a neighborhood that combines historical significance with modern economic growth. With competitive pricing and a variety of development possibilities, these land parcels are well-positioned to benefit from the ongoing transformation of Bronzeville.

Contact:

Midwest Investment Advisors

Property Subtype:

Commercial

Date on Market:

2025-03-30

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W 159th St

Orland Park, IL 60462

• Investment Property
• Land for Sale
• $1,216,840 - $3,272,405 CAD
• 1.08 - 2.50 AC Lots

Orland Park Land for Sale - South Route 45

The intersection of 159th Street and Harlem Avenue in Orland Park, IL, is a prime location for commercial real estate, offering exceptional visibility and accessibility. This bustling area features high traffic counts, with 159th Street seeing approximately 33,000 vehicles per day and Harlem Avenue accommodating around 31,600 vehicles daily.

Contact:

Caton Commercial Real Estate Group

Property Subtype:

Commercial

Date on Market:

2025-03-06

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2022-2026 W 95th St

Chicago, IL 60643

• Investment Property
• Office for Sale
• $1,299,337 CAD
• 7,575 SF

Chicago Office for Sale - South Chicago

Fully renovated mixed-use building in the heart of Chicago's Beverly neighborhood, offering a prime investment opportunity. This property features a newly built +/- 2,175 SF turnkey restaurant with a commercial hood, walk-in cooler, and dine-in seating, completed in May 2024. Additionally, a +/- 1,500 SF remodeled office space includes a kitchenette, full bath, private office, and open work area, ideal for various business uses. The spacious +/- 2,575 SF residential unit boasts 4 bedrooms, 3 bathrooms, in-unit laundry, a rooftop balcony, and a gaming room, currently utilized as an Airbnb. A +/- 1,325 SF garage accommodates up to five vehicles or additional storage, perfect for contractors or small warehousing. Recent upgrades include a full roof tear-off and replacement (2024), new restaurant build-out with commercial-grade features, and individual HVAC systems for each unit (2022). Located in a high-demand, walkable area near the Rock Island Metra line, restaurants, and retail shops, this property ensures strong long-term investment potential. Great income producing investment with little maintenance and outstanding financials at11 cap / proforma 6.5 GRM on return.

Contact:

First In Realty, Inc

Property Subtype:

Office/Residential

Date on Market:

2025-02-21

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Multi-Family Zoned R-5 (S) - 100 E Indian Trail Road

Aurora, IL 60506

• Investment Property
• Land for Sale
• $591,095 CAD
• 3.29 AC Lot

Aurora Land for Sale - Western East/West Corr

Introducing an exceptional opportunity in Aurora! Nestled in a location with captivating Fox River views, this property boasts a coveted R-5 (s) zoning designation, making it ideal for multi-family residential development including apartments and townhomes. Spanning approximately 3.29 acres, this parcel offers immediate availability and is strategically positioned adjacent to the scenic Prairie Path walking path. With sewer and water already connected to the site, and all other utilities conveniently located nearby, development couldn't be more seamless. Unlock the potential of this prime location and create a multi-family development that integrates with the natural beauty of Aurora's landscape. Don't miss out on this rare opportunity!

Contact:

Integra Commercial

Property Subtype:

Residential

Date on Market:

2025-01-21

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Campana Building - 901 N Batavia Ave

Batavia, IL 60510

• Investment Property
• Flex for Sale
• $10,862,184 CAD
• 131,000 SF

• Air Conditioning
• Smoke Detector

Batavia Flex for Sale - Western East/West Corr

Introducing a prime investment/redevelopment opportunity at 901 North Batavia Avenue. This historic landmark building with award-winning architecture is located on the Fox River in Kane County on the border of Geneva and Batavia. The Campana campus resides on a meticulously designed 12.31-acre site. This expansive 131,000 SF industrial/flex space was originally built in 1936 with expansions in 1968, 1969, and 1988. Zoned MU and strategically positioned in the vibrant West Suburbs, this property offers an ideal canvas for industrial, office, and flex space innovation. Adaptive redevelopment to multiple uses including Affordable Senior Housing is desired by the municipality with potential TIF incentives contemplated. The in-place multi-tenant rent roll produces significant NOI with room to expand substantially. This is a once-in-a-lifetime opportunity to breathe new life into an iconic, historically significant, timeless location.

Contact:

SVN

Property Subtype:

Showroom

Date on Market:

2025-01-15

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5.39 Ac Andermann Commercial - 12445 S 248th Ave

Plainfield, IL 60585

• Investment Property
• Land for Sale
• $2,421,185 CAD
• 5.39 AC Lot

Plainfield Land for Sale - Joliet/Central Will

Property is in the Plainfield Comprehensive plan as Medical office or Assisted Living site. It is just north of Edwards Hospital Plainfield location and south of Plainfield North HS. Good access and visibility on 248th road. Includes a full set of farm buildings with two story farmhouse. The parcel is in the Plainfield Medical District. Many farm buildings and one two story farmhous could generate additional revenue until development occurs. Assisted living and medical office are idea uses for this parcel. Easy access to shopping at Rt 59. The ranch home has been sold to a residential developer to create an new intersection with Prairie Grove road and 248th. This also creates a corner commercial property at that intersection.

Contact:

Goodwin & Associates Real Estate L.L.C.

Property Subtype:

Commercial

Date on Market:

2024-12-28

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