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1500 W Lincoln Highway New Lenox, IL 60451

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For Lease
$10 SF/Yr

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

Type:Commercial
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

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Listing Contact
GEORGE CHANDLER
GEORGE CHANDLER

Listing agent GEORGE CHANDLER License #475126622

Listing office COLDWELL BANKER REALTY

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

Suggested Use

Restaurant Real Estate Agency Law Firm Building Supply Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon Gym & Fitness Center

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

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

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.
More about this property
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