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    1938 E Lincoin Hwy New Lenox, IL

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    For Lease
    $2,858 /Mo ($52 SF/Yr)

    Office space for rent featuring a reception and single office.

    Property size:
    650 SF
    Lot size:
    3.89 Acres

    Property Features for 1938 E Lincoin Hwy

    General Information

    Size
    650 SF
    Lot size
    3.89 Acres

    Source: Network Commercial Real Estate Agent Tammy Spilis

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

    Overview

    Office Space Available for Rent

    This property offers office space for rent, featuring a reception area and a single office with a window.
    Location Intelligence

    Current Use by Public Records

    Office space

    Map

    City
    New Lenox
    County
    Will
    State
    Illinois
    Longitude
    -87.9656098
    Latitude
    41.5119761

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    FAQs

    What type of property is this?
    Office space - Office space for rent featuring a reception and single office.
    Where is this office space located?
    The property is located at 1938 E Lincoin Hwy New Lenox, IL.
    What is the lease rate?
    The lease rate is $52 SF/Yr.
    What are key features of this property?
    This property features: - Reception area; - Single office; - Office with window
    (708) 873-5540
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    1938 E Lincoin Hwy New Lenox, IL
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    New Lenox, IL
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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
    1938 E Lincoin Hwy New Lenox, IL
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