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22025-22045 W Lockport Rd 5.93 Acres of Residential Land Offered at $1,650,000 in Plainfield, IL 60544
Investment Highlights
- Fully approved plans
- Near proposed future I-55 Interchange at Airport Rd.
- All utilities to site
Executive Summary
5.93± AC site fully approved and ready for permits for an 84-unit senior housing project. This single-story wood frame construction will cater to independent, assisted, and memory care living. All utilities are accessible, and substantial water retention from the nearby residential subdivision is already established.
The property is zoned R-7 (Village of Romeoville) and is conveniently located less than half a mile east of the proposed future I-55 interchange at Airport Road. For further information about the proposed interchange please visit: https://idot.illinois.gov/programs-and-projects/featured-projects/i-55--at-airport-lockport-road--improvement-study.html
The property is zoned R-7 (Village of Romeoville) and is conveniently located less than half a mile east of the proposed future I-55 interchange at Airport Road. For further information about the proposed interchange please visit: https://idot.illinois.gov/programs-and-projects/featured-projects/i-55--at-airport-lockport-road--improvement-study.html
Financial Summary (Actual - 2025) |
Annual | Annual Per AC |
|---|---|---|
| Taxes |
$16,057
|
$2,707.76
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$16,057
|
$2,707.76
|
Financial Summary (Actual - 2025)
| Taxes | |
|---|---|
| Annual | $16,057 |
| Annual Per AC | $2,707.76 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Total Expenses | |
|---|---|
| Annual | $16,057 |
| Annual Per AC | $2,707.76 |
Property Facts
| Price | $1,650,000 | Property Subtype | Residential |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 5.93 AC |
| Property Type | Land | ||
| Zoning | R-7 - General Residential - Village of Romeoville | ||
| Price | $1,650,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | |
| Total Lot Size | 5.93 AC |
| Zoning | R-7 - General Residential - Village of Romeoville |
1 Lot Available
Lot
| Price | $1,650,000 | Lot Size | 5.93 AC |
| Price Per AC | $278,246.21 |
| Price | $1,650,000 |
| Price Per AC | $278,246.21 |
| Lot Size | 5.93 AC |
5.93± AC site fully approved and ready for permits for an 84-unit senior housing project. All utilities are accessible, and substantial water retention from the nearby .
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Fairly walkable
40/100
Exceptionally drivable
90/100
Very bikeable
80/100
Property Taxes
| Parcel Numbers | Total Assessment | $234,475 (2024) | |
| Land Assessment | $170,600 (2024) | Annual Taxes | $16,057 |
| Improvements Assessment | $63,875 (2024) | Tax Year | 2025 |
Property Taxes
Parcel Numbers
Land Assessment
$170,600 (2024)
Improvements Assessment
$63,875 (2024)
Total Assessment
$234,475 (2024)
Annual Taxes
$16,057
Tax Year
2025
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22025-22045 W Lockport Rd