Agricultural Land with Mixed-Use
For Sale
$8,750,000
14620 W Laraway Road, New Lenox, IL 60451
151-acre farmland parcel with Laraway Road frontage and an area plan supporting mixed-use residential development.
Property SizeContact for details
Lot Size151.00 Acres
Days on Market42
Property Features for 14620 W Laraway Road
General Information
Standard status
Active
Lot size
151.00 Acres
Property subtype
Farms
Zoning
agriculture
Site & Location
Highway Access
Yes
Road Access
Yes
Taxes and HOA fees
Annual Taxes
$10,505
Amenities
Active
Y
Agricultural
20
no
1
Land
IDX
Yes
100+ Acres
Unknown (verify)
City Street, County Road
2649
151 ACRES
Listing Agency:
(773) 232-4896
Listed By:
Jeff Kropp
(773) 232-4896
Source:
Chicagobuyeragents.idxbroker
Added: Jun 30
Changed: Aug 8
Last Checked: Aug 8 at 8:34AM
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 Jeff Kropp
Investment Insights
Based on property information with market context.
The offering is a 151-acre agricultural land parcel in New Lenox, Illinois. The property has frontage on Laraway Road, located just west of Cedar. While the land is currently zoned for agriculture, the comprehensive plan calls for mixed-use residential development that contemplates higher density.
The Laraway Road Metra station is approximately half a mile east, and the main Metra station at Cedar and Rt. 30 is about 2.6 miles north. The site also provides easy access to I-80, I-55, I-355, and I-57, with a shopping district along Rt. 30.
The property is located within Township: New Lenox, and the school districts listed include Elementary School District 122, Middle or Junior School District 122, and High School District 210.
The Laraway Road Metra station is approximately half a mile east, and the main Metra station at Cedar and Rt. 30 is about 2.6 miles north. The site also provides easy access to I-80, I-55, I-355, and I-57, with a shopping district along Rt. 30.
The property is located within Township: New Lenox, and the school districts listed include Elementary School District 122, Middle or Junior School District 122, and High School District 210.
Key Highlights
- 151‑acre farmland parcel in New Lenox, with frontage on Laraway Road just west of Cedar
- Frontage length of 2,649 ft on city street and county road
- Zoned agriculture; comprehensive plan indicates mixed‑use residential with allowances for higher density
Property Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
155
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?
Agricultural land / Farmland - 151-acre farmland parcel with Laraway Road frontage and an area plan supporting mixed-use residential development.
Where is this agricultural land / farmland located?
The property is located at 14620 W Laraway Road New Lenox, IL.
What is the asking price?
The asking price for this property is $8,750,000.
What are key features of this property?
This property features: 151‑acre farmland parcel in New Lenox, with frontage on Laraway Road just west of Cedar; Frontage length of 2,649 ft on city street and county road; Zoned agriculture; comprehensive plan indicates mixed‑use residential with allowances for higher density
