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340-358 W Maple St New Lenox, IL 60451

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For Sale
$6,900,000

Value-add retail opportunity in a high-traffic location.

Property size:
45,260 SF

Property Features for 340-358 W Maple St

General Information

Size
45,260 SF

Building Details

Year built
1957

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

Renovated Retail Center with Upside

Located at 340–358 W. Maple Street in New Lenox, Illinois, the Lincoln-Way Center offers a retail opportunity in Will County. The neighborhood shopping center is anchored by Whitmore Ace Hardware. The center was recently renovated in 2023. It is strategically located near I-80 and the New Lenox Metra Station, providing accessibility and visibility within the growing southwest suburban market. The property offers upside through the lease-up of 10 remaining Suite Hub units and the potential to bring existing rents up to market rate. The high-traffic center serves a residential base and is situated within a retail corridor. The property has frontage on W. Maple Street (US-30) and is minutes from I-80. The property size is 45260 square feet.
Location Intelligence

Current Use by Public Records

Strip malls

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

Similar Places Nearby

Rochelle Commons Shopping Center, Coinstar Kiosk | Bitcoin ATM

Location Insight

  • Map
  • Local Demand
City
New Lenox
County
Will
State
Illinois
Longitude
-87.9752759
Latitude
41.5158661

FAQs

What type of property is this?
Shopping center - Value-add retail opportunity in a high-traffic location.
Where is this shopping center located?
The property is located at 340-358 W Maple St New Lenox, IL.
What is the asking price?
The asking price for this property is $6,900,000.
What are key features of this property?
This property features: - Value-add opportunity with immediate upside through lease-up of 10 Suite Hub units and potential to increase existing rents to market rate.; - Anchored by Whitmore Ace Hardware, a long-standing and reputable tenant that generates consistent foot traffic.; - Excellent accessibility and visibility due to its strategic location near I-80 and the New Lenox Metra Station.
More about this property
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