25401 W 119th St Plainfield, IL 60585
Estimated payment $13,711/month
About This Lot
Presenting the rare opportunity to acquire a highly visible property suitable for commercial development on busy Route 30 in Plainfield, IL. The 5.89-acre site offers ample space for a variety of developments at the intersection of 119th Street and Lincoln Highway. Surrounded by newer, dense residential subdivisions, the site is ready for development, featuring a mostly flat topography at a signalized intersection. The parcels contain over 1,300 feet of frontage directly on Route 30 and 119th Street, providing excellent visibility and access for fuel or retail development. This site is at the center of heavy existing and planned activity which spans growing industrial, retail, and residential buildup. Underway just one mile to the north, large community developments including Lincoln Prairie and Hudson Pointe will help to support the planned commercial developments such as Jewel-Osco and a massive, first-of-its-kind domed golf course concept. To the east of the site features bustling Route 59, and the planned Woodman's Markets directly on 119th Street, directly linking the site to the strong grocer. To the south is growing Downtown Plainfield, as well as 1M-square-foot DIAGEO which has hundreds of trucks coming and going, but is only one of so many companies using this area which connects I-88 to I-80 to I-55, and Aurora to Joliet to Chicago. This rare development opportunity is being offered on a growing business corridor with traffic counts over 24,000. Contact us to learn more!
Property Details
Property Type
- Land
Est. Annual Taxes
- $4,687
Lot Details
- 5.89 Acre Lot
- Lot Dimensions are 428 x 775 x 580
- Property fronts a highway
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $4,882 | $61,005 | $57,817 | $3,188 |
| 2023 | $4,882 | $53,891 | $51,075 | $2,816 |
| 2022 | $4,618 | $50,980 | $48,316 | $2,664 |
| 2021 | $4,600 | $48,552 | $46,015 | $2,537 |
| 2020 | $4,346 | $47,783 | $45,286 | $2,497 |
| 2019 | $4,391 | $46,437 | $44,010 | $2,427 |
| 2018 | $4,548 | $46,009 | $43,042 | $2,967 |
| 2017 | $4,449 | $44,898 | $41,931 | $2,967 |
| 2016 | $4,503 | $44,437 | $41,470 | $2,967 |
| 2015 | $11,747 | $104,191 | $39,875 | $64,316 |
| 2014 | $11,747 | $104,191 | $39,875 | $64,316 |
| 2013 | $11,747 | $104,191 | $39,875 | $64,316 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/24/2025 02/24/25 | For Sale | $2,500,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $150,000 | None Listed On Document | |
| Interfamily Deed Transfer | -- | Attorney | |
| Deed | $12,000 | None Available | |
| Warranty Deed | $430,000 | First American Title |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $344,000 | Purchase Money Mortgage | |
| Previous Owner | $19,511 | Stand Alone Second | |
| Previous Owner | $132,000 | Balloon | |
| Previous Owner | $23,000 | Balloon | |
| Previous Owner | $20,000 | Stand Alone Second |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12298049
APN: 07-01-29-101-002
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