Search
Fully Occupied Strip Retail Center
For Sale
Contact for pricing

2320 E Lincoln Hwy, New Lenox, IL 60451

Fully occupied center along Lincoln Highway with established retail anchors and nearby national and local operators.

Property Size15,080 SF
Days on Market144

Property Features for 2320 E Lincoln Hwy

General Information

Standard status Active
Size 15,080 SF
Property subtype Retail
Occupancy 100%

Site & Location

Anchor Co-Tenants Target, Michael's, Lowe's Home Improvement
Traffic Count 25,500 vehicles/day

Building Details

Year Built 2006
Tenancy Multi
Listing Agency: CBRE - Oak Brook
Listed By: Adam Foret · License #IL 475160621
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 29 at 9:18PM

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 CBRE - Oak Brook

Investment Insights

Based on property information with market context.

Shops of New Lenox is a 15,080-square-foot strip retail center with nine suites ranging from 1,118 to 4,231 square feet. Built in 2006, the property is 100% occupied and offers a multi-tenant format suited to a range of retail operators.

The center fronts Lincoln Highway in New Lenox, approximately 4 miles east of Interstate 80. Lincoln Highway serves as an east-west route through New Lenox and nearby communities, with 25,500 vehicles passing the property daily. The site is part of New Lenox Retail Center, anchored by Target, Michael’s, and Lowe’s Home Improvement. Surrounding retailers include Portillo’s, Chili’s Grill & Bar, TCF Bank, Wendy’s, Mavis Tires & Brakes, LA Fitness, Five Guys, and Cooper’s Hawk Winery. A Pete’s Market is planned across Lincoln Highway.

Key Highlights

  • 15,080‑square‑foot strip retail center with nine suites
  • Suite sizes range from 1,118 to 4,231 square feet
  • 100% occupied; constructed in 2006

Property Analytics

Current Use

Strip malls

Suggested Use

Top Pick Law Firm Nail Salon Hair Salon Spa & Massage Center Auto Parts Store Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

25,500 VPD
Traffic count
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

395
Businesses Nearby
295k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 48% Superstores 26% Shops & Services 13% Home Improvements & Furnishings 10%
Target Superstores
76,942 visits/mo 0.1 miles
Portillo's Dining
43,210 visits/mo 0.1 miles
Lowe's Home Improvements & Furnishings
30,862 visits/mo 0.2 miles
Cooper's Hawk Winery & Restaurant Dining
30,530 visits/mo 0.2 miles
Casey's General Store Shops & Services
18,553 visits/mo 0.4 miles

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

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Strip mall - Fully occupied center along Lincoln Highway with established retail anchors and nearby national and local operators.
Where is this strip mall located?
The property is located at 2320 E Lincoln Hwy New Lenox, IL.
What are key features of this property?
This property features: 15,080‑square‑foot strip retail center with nine suites; Suite sizes range from 1,118 to 4,231 square feet; 100% occupied; constructed in 2006
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message