Commercial Development Opportunity

580 W Caton Farm Rd Plainfield, IL 60586

580 W Caton Farm Rd, Plainfield, IL, 60586
580 W Caton Farm Rd, Plainfield, IL, 60586 580 W Caton Farm Rd, Plainfield, IL, 60586
FOR SALE
Property Type:
Other Land
Amount:
$435,600
Last Verified:
Sep 18, 2024

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Highlights

  • Joliet sewer and water at site
  • Two lots can be combined to create 5 acre development
  • Potential uses: Daycare, quick service restaurants with drive thru, multifamily, apartments

Description

5 Acre Commercial Development Site.

On highly traveled Caton Farm Rd just east of Ridge Road. Near Plainfield South High School, Walgreens and ALDI.

Lot Size: 5.0 acres


Documents

Sale Brochure (New)

Map of 580 W Caton Farm Rd, Plainfield, IL, 60586

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.