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Established Bowling Alley Investment

1009 W Laraway Road New Lenox, IL 60451

1009 W Laraway Road, New Lenox, IL, 60451
$1,250,000
For Sale
$1,250,000

Free-standing building with established tenant in a high-traffic area.

Days on Market188

Property Features for 1009 W Laraway Road

General Information

Standard status
Active
Property subtype
Commercial

Building Details

Year Built
1992
Listing Agency CRIS REALTY
Listed by ROSEMARIE DUDECK · License #475121840
Source Corcoran
Added: Jan 14 Updated: Jul 6 at 10:02 am Checked: Jul 19 at 4:03 am

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CRIS REALTY


Investment Insights

Based on property information with market context.

This free-standing building presents a commercial real estate investment opportunity in New Lenox. The building is located off Laraway Road, adjacent to a fully leased strip center. Currently operating as an established bowling alley, the building includes parking for approximately 50 vehicles. Situated along a 4-lane highway with high traffic volume, the property is located in a fast-growing area. The seller is responsible for the building's exterior, while the tenant manages all other aspects, including the parking lot. The current lease of the bowling alley is part of the sale of the building. An adjacent lot at 1007 W. Nelson Rd is available as a package deal. The additional lot is directly adjacent to the building on the north side, and would provide extra parking spaces which are included on the east side of the lot and strip center.

Key Highlights

  • Free‑standing building with established bowling alley tenant, providing immediate income
  • Located on highly visible 4‑lane highway in fast‑growing area of New Lenox with high traffic count
  • Offered at a price significantly below estimated replacement cost ($1,250,000 vs. $4.6 million)

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Bowling alleys

Suggested Use

Real Estate Agency Law Firm Dental Office Restaurant Hair Salon Spa & Massage Center Nail Salon Grocery & Convenience Store Furniture & Home Goods Bakery

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

FAQs

What type of property is this?
Bowling alley - Free-standing building with established tenant in a high-traffic area.
Where is this bowling alley located?
The property is located at 1009 W Laraway Road New Lenox, IL.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: Free‑standing building with established bowling alley tenant, providing immediate income; Located on **highly visible 4‑lane highway** in fast‑growing area of New Lenox with high traffic count; Offered at a price significantly below estimated replacement cost ($1,250,000 vs. $4.6 million)
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