Road-Fronting Farmland
For Sale
$8,750,000
14620 W Laraway Road New Lenox, New Lenox, IL 60451
151-acre farmland parcel with road frontage and agriculture zoning, with mixed-use residential outlined in the comprehensive plan.
Property SizeContact for details
Lot Size151.00 Acres
Days on Market52
Property Features for 14620 W Laraway Road New Lenox
General Information
Standard status
Active
Lot size
151.00 Acres
Property subtype
Land
Zoning
Agriculture
Site & Location
Highway Access
Yes
Road Access
Yes
Taxes and HOA fees
Annual Taxes
$10,505
Amenities
City Street,County Road
151 ACRES
151
No
2649
Asphalt
Listing Agency:
(847) 558-6808
Listed By:
Brenda Valdez · License #475185100
(847) 558-6808
Source:
Remaxadream
Added: Jun 30
Changed: Aug 8
Last Checked: Aug 20 at 4:09AM
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 Brenda Valdez
Investment Insights
Based on property information with market context.
This offering is a 151-acre farmland parcel fronting Laraway Road. The property is currently zoned for agriculture, while the comprehensive plan indicates mixed-use residential development with the potential for higher density.
The parcel is described as located just west of Cedar, providing direct frontage along Laraway Road. Access in the area is supported by nearby interstate connections including I-80, I-55, I-355, and I-57. Commuter rail access is noted with two Metra stations, including Laraway Road station approximately half a mile east and the main station at Cedar and Route 30 in New Lenox about 2.6 miles north.
For buyers and developers, the combination of existing agricultural zoning and a comprehensive plan direction toward mixed-use residential can support planning conversations for future redevelopment scenarios. The asset’s road frontage and proximity to major highway routes and rail stations may also help inform site design and tenant strategy for residential-oriented uses consistent with the plan language.
The parcel is described as located just west of Cedar, providing direct frontage along Laraway Road. Access in the area is supported by nearby interstate connections including I-80, I-55, I-355, and I-57. Commuter rail access is noted with two Metra stations, including Laraway Road station approximately half a mile east and the main station at Cedar and Route 30 in New Lenox about 2.6 miles north.
For buyers and developers, the combination of existing agricultural zoning and a comprehensive plan direction toward mixed-use residential can support planning conversations for future redevelopment scenarios. The asset’s road frontage and proximity to major highway routes and rail stations may also help inform site design and tenant strategy for residential-oriented uses consistent with the plan language.
Key Highlights
- 151‑acre farmland parcel in New Lenox with frontage on Laraway Road, just west of Cedar
- Zoned agriculture, with the comprehensive plan calling for mixed‑use residential and higher‑density development
- Frontage length of 2,649 ft with 151 acres along City Street/County Road access (asphalt roads)
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
169
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 road frontage and agriculture zoning, with mixed-use residential outlined in the comprehensive plan.
Where is this agricultural land / farmland located?
The property is located at 14620 W Laraway Road New Lenox 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; Zoned agriculture, with the comprehensive plan calling for mixed‑use residential and higher‑density development; Frontage length of 2,649 ft with 151 acres along City Street/County Road access (asphalt roads)
