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105-111 Illinois Hwy
New Lenox, IL 60451

$515,000 USD

Land For Sale  •  1.17 AC

Property Details

  • Property Type Land
  • Lot Size 1.17 AC
  • Zoning R-3
0 Transit Score
45 Walk Score

Description

Discover the potential of the Central Will County submarket with the prime location of this ±1.17 AC development site in unincorporated Will County. Located adjacent to the vibrant town of New Lenox, IL, this property offers access to a thriving community and a strong local economy. Investors will appreciate the proximity to notable attractions such as the New Lenox Village Commons, Silver Cross Hospital, and nearby retail centers. With its strategic placement 3 miles from the I-80/US-30 interchange and growing residential developments, this area presents a compelling opportunity for retail or multifamily development. Embrace the potential of this bustling location in the heart of the southwest Chicago suburban area.

Highlights

Flexible Seller – Owner Financing / Seller Financing / Seller Carryback Available: Seller open to creative deal structures including owner financing
Development Potential & Concept Plans: Preliminary concept drawings have been prepared showing a potential four-duplex (8-unit) configuration
Zoning, setbacks, and utilities provide multiple options for residential or low-intensity commercial development
Collaborative Seller / JV or Build-to-Suit Opportunities: Seller is an established construction and development group open to joint ventures
Location Advantage: Prominent corner visibility at Illinois Highway and Cedar Road with two street frontages
Excellent access for residential, office, or neighborhood commercial concepts, with nearby amenities and strong area growth supporting future value

Property Flyers

Public Transportation

Commuter RailDriveWalkDistance
New Lenox Station (Rock Island District Line - Northeast Illinois Regional Commuter Railroad (Metra)) 3 min - 1.2 mi
New Lenox Laraway Road (SouthWest Service - Northeast Illinois Regional Commuter Railroad (Metra)) 4 min - 1.7 mi
AirportDriveWalkDistance
Chicago Midway International 50 min - 28.4 mi
Chicago O'Hare International 77 min - 42.0 mi
Karen Kulczycki 630-330-3352 SVN | Chicago Commercial
Karen Kulczycki 630-330-3352 SVN | Chicago Commercial