Share This Listing

Message

922 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

Investment Highlights

  • Last vacant lot available in the Van Dyke Place mixed-use development
  • 4,300 SF proposed restaurant pad with RI-RO zoning
  • Traffic counts in excess of 25,000 vehicles per day
  • Located within the re-developed downtown Plainfield district
  • Positioned just east of a signalized intersection with strong visibility
  • Prime location between Route 30 and Route 59

Executive Summary

This offering represents the last vacant lot available in Van Dyke Place, a mixed-use development in the re-developed downtown Plainfield area. The site includes a 4,300 SF proposed restaurant pad with RI-RO zoning, located just east of a signalized intersection with abundant, convenient parking. The development is suitable for restaurant, retail, office, and medical office uses and is part of a 4.1-acre mixed-use commercial condominium project serving retail, service, and professional users. Existing tenants include Southern Belle’s, a karate studio, daycare, and multiple medical users. In addition to the vacant restaurant lot, there are 1,356 SF and 1,810 SF spaces available for lease or purchase in two other buildings, both at the shell stage. Lease rates range from $15–$20 PSF, with sale pricing from $193–$200 PSF, while the vacant land is offered at $100 PSF or $200 PSF for a warm, dark shell building. The property benefits from traffic counts exceeding 25,000 vehicles per day, a prime location between Route 30 and Route 59, and close proximity to the Edward Hospital (Plainfield) Medical Campus and Hitchcock Riverwalk, positioning it at one of the strongest intersections in Will County.

Property Facts

Price $860,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Retail
  • Office
  • Fast Food
  • Medical
  • Restaurant
  • Storefront
Total Lot Size 0.10 AC

1 Lot Available

Lot 7

Price $860,000
Price Per AC $8,600,000.00
Lot Size 0.10 AC

The last vacant lot in the Van Dyke Place Class A development. On the corner of Lockport Street and New Van Dyke Road in Plainfield.

Fairly walkable
40/100
Exceptionally drivable
100/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Number
06-03-09-302-059
Land Assessment
$1
Improvements Assessment
$0
Total Assessment
$1
  • Listing ID: 7386505

  • Date on Market: 5/25/2017

  • Last Updated:

  • Address: 24510 W Van Dyke Rd, Plainfield, IL 60544

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}