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1500 W Lincoln Hwy New Lenox, IL 60451

For Lease
$10 SF/Yr

18.76 acres for redevelopment with existing 84,180 SF building.

Property Features for 1500 W Lincoln Hwy

General Information

Standard status
Active

Building Details

Year built
1977

Source: COLDWELL BANKER REALTY Agent GEORGE CHANDLER

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


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

Commercial land

Suggested Use

Restaurant Realty agency Law Firm Building Supply Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon Gym & Fitness

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

Similar Places Nearby

Rochelle Commons Shopping Center

Location Insight

  • Map
  • Local Demand
City
New Lenox
County
Will
State
Illinois
Longitude
-87.9963098
Latitude
41.5184169

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 Hwy 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.
More about this property
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