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111 E Illinois Hwy New Lenox, IL 60451

For Sale
$515,000

±1.17 AC development site at signalized corner in Will County.

Property size:
50,965 SF
Lot size:
50.00 Acres

Property Features for 111 E Illinois Hwy

General Information

Size
50,965 SF
Lot size
50.00 Acres

Source: Karen Kulczycki, CCIM, SIOR Agent Karen Kulczycki, CCIM, SIOR

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Prime Development Site in New Lenox

This ±1.17 AC development opportunity is located at the signalized corner of Illinois Hwy and Cedar Road in unincorporated Will County. The site is diagonally adjacent to the Cedar Shopping Center, which includes Rosati's Pizza, a cancer center, nail salon, dentist, liquor store, and other businesses, and across the street from a Speedway gas station and car wash. The property is located adjacent to the town of New Lenox, IL, offering access to a thriving community and a strong local economy. The location is near the New Lenox Village Commons, Silver Cross Hospital, and nearby retail centers. Situated 3 miles from the I-80/US-30 interchange and growing residential developments, this area presents an opportunity for retail or multifamily development. The current zoning is R-3, but annexation into the Village of New Lenox would allow a C-1 Neighborhood Convenience Shopping District or Single-Family/Duplex Residential Development. The property is located in the central Will County submarket.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Commercial land

Suggested Use

Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness

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

Location Insight

  • Map
  • Local Demand
City
New Lenox
County
Will
State
Illinois
Longitude
-87.9644669
Latitude
41.497844

FAQs

What type of property is this?
Land - ±1.17 AC development site at signalized corner in Will County.
Where is this land located?
The property is located at 111 E Illinois Hwy New Lenox, IL.
What is the asking price?
The asking price for this property is $515,000.
What are key features of this property?
This property features: - ±1.17 AC development site at signalized corner of Illinois Hwy and Cedar Road; - Located in Unincorporated Will County, adjacent to New Lenox, IL; - Proximity to New Lenox Village Commons, Silver Cross Hospital, and retail centers
More about this property
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