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    1352 N Cedar Rd New Lenox, IL 60451

    For Sale
    $1,300,000

    Commercial Sale - New Lenox, IL

    Property size:
    3,500 SF
    Lot size:
    3.47 Acres
    Days on Market:
    136
    Last Refresh:
    Dec 6 at 8:06 am

    Property Features for 1352 N Cedar Rd

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    COMMR
    APN
    1508103000580000
    Size
    3,500 SF
    Lot size
    3.47 Acres

    Utilities

    Cooling system
    Central Air

    Building Details

    Year built
    2006
    Number of units
    1
    Architectural style
    Other

    eXp Realty, LLC (888) 574-9405 [email protected]

    Listing agent Jaime Birks (888) 574-9405 License #471005614

    Listing date Jul 24, 2025

    MLS# 12427774 Listing URL

    Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    New Lenox Commercial Opportunity

    Located in the heart of New Lenox, this 3.47-acre property presents an opportunity for investment. The site offers convenient proximity to I-80 and I-355, providing exposure to daily traffic. Currently occupied by the Hope Center Transportation business, the property includes a 3500-square-foot, two-story building with offices, storage, and conference rooms. The lot incorporates over 50 parking spaces. The property is suitable for a redevelopment project, such as a custom-built sports center, or an investment opportunity. The property is located near schools, shopping, dining, and major highways.
    Property Profile Location Intelligence

    Current Use by Public Records

    Parking lots & garages

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Auto Repair Shop Gym & Fitness Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Luxurious New Lenox Chauffeur LLC, Penske Truck Rental

    Location Insight

    • Map
    • Local Demand
    City
    New Lenox
    County
    Will
    State
    Illinois
    Longitude
    -87.9658445
    Latitude
    41.5323937

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    FAQs

    What type of property is this?
    Parking lot & garage - 3.47-acre property with redevelopment potential in a prime location.
    Where is this parking lot & garage located?
    The property is located at 1352 N Cedar Rd New Lenox, IL.
    What is the asking price?
    The asking price for this property is $1,300,000.
    What are key features of this property?
    This property features: - Large 3.47-acre property in New Lenox; - Prime location with convenient access to I-80 and I-355; - Existing 3500SF two-story building with offices, storage, and conference rooms
    (888) 574-9405
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    New Lenox, IL 60451
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1352 N Cedar Rd New Lenox, IL 60451
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