Hospitality

New Lenox, IL Hospitality Properties for Sale

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Mokena, IL Manhattan, IL Joliet, IL Homer Glen, IL Frankfort, IL Orland Park, IL Lockport, IL Tinley Park, IL
Land for Hotel, Office, Flex
Updated: Jan 26
Land for Hotel, Office, Flex

450 DeGroate Road, New Lenox, IL 60451

$695,000
2 sqft 2.00 AC lot
Located at I‑80 and Route 30 full interchange
Excellent I‑80 visibility
Proximity to other major expressways I‑355 and I‑55
Ideal for hotel, office or flex development
For Sale or Build to Suit
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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in New Lenox, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Riverside Boutique Hotel with Villas
Riverside Boutique Hotel with Villas

Aurora, 60504

$1,350,000
13,500 sqft

Operating hospitality property with private villas, restaurant facilities, event space, and wellness amenities.

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Renovated 65-Room Hotel with Indoor Pool
Renovated 65-Room Hotel with Indoor Pool

2235 173rd Place, Lansing, IL 60438

Contact for pricing
56,192 sqft 1.29 AC lot

Renovated 1996 hotel with indoor pool, covered entry, and ample parking—well suited for hospitality operators.

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Branded Hotel with Updated Interiors
Branded Hotel with Updated Interiors

2255 173rd Street, Lansing, IL 60438

Contact for pricing
48,352 sqft 1.11 AC lot

A 4-story Sleep Inn offering 69 rooms on a B-2 zoned site, renovated in 2014.

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Eight-Cabina Short-Term Rental Property
Eight-Cabina Short-Term Rental Property

Aurora, 60504

$1,180,000

Furnished cabinas feature private terraces, kitchens, air conditioning, and access to a swimming pool.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Commercial Land at Signalized Intersection
Commercial Land at Signalized Intersection

15551 W 143RD Street, Homer Glen, IL 60491

$4,900,000
14.00 AC lot

Commercial land with natural gas available and access to a signalized intersection.

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Pad-Ready Commercial Land
Pad-Ready Commercial Land

191 88th Avenue, Mokena, IL 60448

$4,250,000
17.81 AC lot

Improved commercial site with roads and utility infrastructure already in place.

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Mokena Commercial Site For Sale
Mokena Commercial Site For Sale

191 88th Avenue, Mokena, IL 60448

$4,250,000
17.81 AC lot

Prime commercial land with flexible zoning and high visibility.

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Corner Commercial Land
Corner Commercial Land

2113 IL Route 47, Yorkville, IL 60560

$1,695,000
4.25 AC lot

B-3 zoning and natural gas availability support a range of commercial site-planning options.

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New Lenox, IL Hospitality Properties Market Trends and Statistics

Explore 1 hospitality properties for sale in New Lenox, IL on our real estate platform. These investment opportunities span a total of 2 square feet of properties for sale, with an estimated market value of $695,000.

Sale prices for hospitality properties in New Lenox, IL average $695,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Hotels 1

Demographics Overview

Population 37K
Population Growth (5Y) +7.3%
Median Household Income $132,260
College Educated 58.4%

High-Yield Neighborhoods for Investment

Identify New Lenox submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
60451 $695K

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Will County

New Delisted

Property Size Breakdown

The majority of commercial real estate listings in New Lenox fall within the 100,000+ square foot range.

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