580 Caton Farm Rd
Commercial Development Opportunity
Marketing description
This five-acre parcel in the Joliet/Plainfield corridor presents a compelling investment opportunity, combining scale, location, and zoning flexibility in one of the fastest-growing markets in Will County. Positioned with excellent visibility and access to major transportation routes including IL-59, US-30, I-55, and I-80, the property is strategically located to capture both regional traffic and strong local demand.
The B-2 Commercial/Retail zoning permits a wide variety of high-demand uses, including multi-tenant retail, restaurants with drive-thru, medical and dental offices, financial services, and neighborhood-oriented commercial. Market fundamentals strongly support development. The surrounding area has experienced rapid residential growth, producing dense rooftops with above-average household incomes.
In addition, the location benefits from a robust daytime population fueled by nearby schools, medical providers, logistics and industrial employers, and established retail anchors. These drivers create a diversified customer base that supports both daily-needs retail and destination-oriented businesses.
The site’s size allows for multiple development scenarios, including the creation of a retail center with pad site opportunities for national and regional tenants, a mixed-use medical and retail hub, or a phased build-out strategy that can generate long-term cash flow. With utilities available, flat topography, and favorable entitlement conditions, the property offers efficiency in planning and execution. Importantly, parcels of this scale with existing B-2 zoning are increasingly scarce in the corridor, providing an investor or developer with a rare opportunity to secure a prime position in a high-demand growth market.
Investment highlights
- Lot 3 - .92 Acres in the Joliet / Plainfield Corridor
- B-2 Commercial/retail Zoning
- Excellent Visibility
- Access to Major Transportation Routes
- Including Il-59, Us-30, I-55 & I-80
- 0.7 Miles From Plainfield South High School
- Proximity to Retailers Including Walgreens & Aldi
- 13,300 VPD on Caton Farm Rd.
- 9,300 VPD on Ridge Rd.
- Perfect for QSR - Coffee, Ice Cream, Sandwich Shop
- Sale Price: $617,500
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