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$ 950,000
Est. payment | /mo
4,200 SqFt
$ 950,000
Est. payment | /mo
4,200 SqFt
Key Details
Property Type Commercial
Sub Type Instut/To Develop
Listing Status Active
Purchase Type For Sale
Square Footage 4,200 sqft
Price per Sqft $226
MLS Listing ID 12501517
Year Built 1912
Annual Tax Amount $1,297
Tax Year 2024
Lot Dimensions 186X26X239X67
Property Sub-Type Instut/To Develop
Property Description
A one-of-a-kind redevelopment opportunity in the Chicago area, 14727 S Naperville Rd stands as an iconic concrete grain elevator offering unmatched potential and scale. Rising approximately 100 feet high, this structure is the tallest building for over 50 square miles, offering panoramic views that stretch all the way to the Sears Tower on a clear day. Built entirely of solid poured concrete reinforced with rebar, including a flat concrete roof, this historic landmark provides the kind of structural integrity and architectural rarity that simply cannot be replicated today. The building's impressive footprint - approximately 2,100 square feet per floor, with 10 floors total - creates a canvas of over 20,000 square feet for adaptive reuse. Whether reimagined as a boutique hotel, rooftop restaurant and lounge, luxury condos, modern office suites, coffee shop, or mixed-use concept, the possibilities are endless. The building's height and commanding presence make it ideal for a destination development that would anchor Plainfield's vibrant and growing downtown corridor. Surrounded by new construction, restaurants, and thriving local businesses, the location offers excellent visibility, traffic, and accessibility. Investors and developers will appreciate the property's flexible commercial zoning, its unmatched vertical visibility, and the opportunity to transform an authentic piece of Chicago-area history into a high-yield, statement-making project. For visionary developers looking to bring a bold concept to life, this property represents an unrepeatable opportunity to own and repurpose a true architectural icon. From a rooftop patio overlooking the skyline to loft-style residences or a destination dining experience, 14727 S Naperville Rd offers limitless potential to redefine the Plainfield landscape.
Location
State IL
County Will
Area Plainfield
Zoning COMMR
Interior
Cooling None
Fireplace N
Building
Dwelling Type Instut/To Develop
Structure Type Concrete

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Listed by Brandon Loncar of Loncar Realty

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1350 Remington Rd, Suite B, Schaumburg, IL, Other