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NWC Weber & Renwick Road - Lot 7, Romeoville, IL

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NWC Weber & Renwick Road - Lot 7

Romeoville, IL 60446 - Joliet/Central Will Submarket


Property Type:Land Parcel Size:1.56 Acres
Zoning:B3
For Sale Price:$951,350 Price/Acre:$609,840 Price/SF:$14.00

Portfolio:This property is for sale (for $1,494,108) as part of a portfolio of 2 properties. Topography:Level
Proposed Use:Retail, Mixed Use

On-Site Improv:Finished lot


:: Lot 6 ±1.67 Acres - $550,000/$7.56 PSF
:: Lot 7 ±1.56 Acres - $575,000/$8.46 PSF
:: Zoning: B3
:: Located at a signalized intersection at NWC Weber Rd (a major north/south retail corridor) and Renwick Rd
:: Multiple access points to the property with a signal at Grand Haven Circle
:: High traffic exposure with over 28,000 VPD on Weber Rd and over 15,000 VPD on Renwick Rd
:: All infrastructure improvements (streets, curbs, utilities, etc.) are in place

Sale Notes:
The planned Dog Haus Restaurant is coming in 2018 and is located on 0.7 AC at the south end of the parcel. The remaining 2.45 AC is available for purchase and is divisible. There is currently pre-leasing for a future 15,975 SF of retail space; vanilla shell delivery at prime Romeoville location. Lewis University, Joliet Junior College, and Rasmussen College are all within a 4-mile radius.

- Located on Northwest corner of the Weber Road & Renwick Road intersection
- $14.3 Million in leakage of sales for full-service restaurants/5 ml radius
- Luxury apartment complex recently completed near the NWC Weber & Renwick
- Future Meijer store directly across at the NEC Weber & Renwick
- Adjacent to future Thomas Toyota
- New Friaco's opening just off the SEC of Weber & Renwick
- Multimillion dollar road improvements completed recently; nine lanes (E/W & N/S)
- Just east of highly acclaimed Mistwood Golf Club, winner of Golf Magazine's "Best
US Renovation You Can Play" Award
- Near large employers: Kimberly Clark, FedEx Ground, Ashley Furniture (regional hub),
Samsung, McDonalds Innovation Center, Amazon
- Lewis University 2.1 miles, Lewis Airport 1.5 miles
- Joliet Junior College 2.96 miles
- Rasmussen College 4 miles

Caton Commercial Real Estate Group
Steve Caton
(815) 436-5700

Andris Velkme
(815) 436-5700




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