Established Bowling Alley
For Sale
$1,250,000
1009 W Laraway Road, New Lenox, IL 60451
Free-standing building with established tenant in a high-traffic area.
Property SizeContact for details
Days on Market218
Property Features for 1009 W Laraway Road
General Information
Standard status
Active
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$33,984
Amenities
Central air
Central Air Cooling
Building Details
Year Built
1992
Listing Agency:
CRIS REALTY
(815) 485-5050
Listed By:
ROSEMARIE DUDECK · License #475121840
Source:
Corcoran
Added: Jan 14
Changed: Aug 20
Last Checked: Aug 20 at 4:58AM
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
Current Use
Location Intelligence
Trade Area within ½ mile
152
Businesses Nearby
Explore this area
Business Placement
Demographics for 60451, IL
36,561
Population
12,972
Households
2.8
Avg Household Size
39
Median Age
42%
College-Educated
98%
High-School Grad
25.2 sq mi
ZIP Area
1,451
Density / Sq Mi
$132,260
Median Household Income
$63,418
Median Earnings
$1,304
Median Rent
$373,100
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
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)
