1500 W Lincoln Highway New Lenox, IL 60451
- Added:
- Jun 10, 2025
- Days on Market:
- 321
- Last Refresh:
- Apr 5 at 8:51 pm
Property Features for 1500 W Lincoln Highway
General Information
- Standard status
- Active
- Property subtype
- Commercial
Building Details
- Year Built
- 1977
Listing agent GEORGE CHANDLER License #475126622
Listing office COLDWELL BANKER REALTY (708) 460-4900
Listing date Jun 10, 2025
Source Corcoran
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 COLDWELL BANKER REALTY
Overview
Redevelopment Opportunity Near I-80 Exit
This 18.76-acre property in New Lenox is available for redevelopment. It is located next to an I-80 exit and has frontage on Lincoln Highway. The site includes an existing 84,180-square-foot building, formerly a KMart, which can be modified or expanded by approximately 40,000 square feet to a total of approximately 124,180 square feet. Utilities including gas, water, electric, sewer, and phone are available at the property and are functioning in the existing building. Out-lots are available for additional structures. The current zoning is C3, which permits uses such as a hotel, department store, indoor recreation/sports area, auto sales, boat or RV dealer, and medical services. Mixed-use development and potentially a job training center are also permitted. The existing parking lot accommodates over 500 cars. Traffic counts are 75,000 on I-80 and 16,900 on Lincoln Highway.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Shopping centers
Similar Places Nearby
- Rochelle Commons Shopping Center — 330 May Mart Dr, New Lenox, IL 60451
Location Insight
- Map
- Local Demand
- City
- New Lenox
- County
- Will
- State
- Illinois
- Longitude
- -87.9963
- Latitude
- 41.5184
Nearby Similar for Lease
FAQs
What type of property is this?
Shopping center - 18.76 acres for redevelopment with existing 84,180 SF building.
Where is this shopping center located?
The property is located at 1500 W Lincoln Highway New Lenox, IL.
What is the lease rate?
The lease rate is $10 SF/Yr.
What are key features of this property?
This property features: 18.76 acres ready for redevelopment with **high visibility** next to I‑80 exit and frontage on Lincoln Highway.; All utilities (Gas, Water, Electric, Sewer, Phone) are available at the property.; Existing **84,180 sq ft building** (former KMart) is modifiable and expandable by 40,000 sq ft to approximately 124,180 sq ft.
