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580 W Caton Farm Rd - Lot 3 0.92 Acres of Commercial Land Offered at $617,500 in Plainfield, IL 60586
Investment Highlights
- Positioned in a high-growth corridor between Joliet and Plainfield.
- Traffic counts exceed 33,000 vehicles per day on Caton Farm Rd.
- Flexible development scenarios including pad sites and mixed-use.
- Zoned B-2 Commercial/Retail with utilities to site.
- Surrounded by active residential developments and retail anchors.
- Located near major highways: IL-59, US-30, I-55, and I-80.
Executive Summary
Lot 3 presents an exceptional retail development opportunity in the growing Joliet/Plainfield corridor. Positioned along Caton Farm Road with high daily traffic counts (13,300 VPD) and Ridge Road (9,650 VPD), this 0.92-acre site offers excellent visibility and convenient access to major highways, including I-55, I-80, US-30, and IL-59. This parcel is strategically located less than a quarter mile from key residential neighborhoods, Plainfield South High School, and national retailers such as Walgreens, Aldi, and Dunkin. The surrounding area features robust housing growth, strong demographics, and convenient commuter routes making it well-suited for a variety of retail or quick-service restaurant developments. The site benefits from adjacency to a new Kiddie Academy and the strong customer base created by established and new residential communities. This lot delivers an appealing combination of visibility, traffic, and proximity to dense rooftops, supporting sustainable retail success. Offered at $617,500, Lot 3 is ideal for developers and operators seeking a high-traffic retail corridor with strong fundamentals.
Property Facts
| Price | $617,500 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 0.92 AC |
| Property Type | Land | No. Stories | 1 |
| Zoning | B-2 - Retail | ||
| Price | $617,500 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 0.92 AC |
| No. Stories | 1 |
| Zoning | B-2 - Retail |
1 Lot Available
Lot
| Price | $617,500 | Lot Size | 0.92 AC |
| Price Per AC | $671,195.65 |
| Price | $617,500 |
| Price Per AC | $671,195.65 |
| Lot Size | 0.92 AC |
0.92-acre B-2 retail lot with strong traffic counts on Caton Farm Road in Joliet/Plainfield, adjacent to Kiddie Academy and close to national retailers.
Description
Lot 3 consists of 0.92 acres zoned for B-2 commercial uses. The property is located on Caton Farm Road near Ridge Road, approximately a quarter mile from Plainfield South High School and multiple national retailers. It is in Joliet’s western corridor near Plainfield and has access to major highways including I-55 and I-80.
1 1
Somewhat walkable
20/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $77,358 | |
| Land Assessment | $41,230 | Total Assessment | $118,588 |
Property Taxes
Parcel Numbers
Land Assessment
$41,230
Improvements Assessment
$77,358
Total Assessment
$118,588
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