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Renovated Strip Mall
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278-280 E Lincoln Highway, New Lenox, IL 60451

Two-building retail center opposite the Metra station, near the 355 and I-80 interchange.

Property Size15,075 SF
Days on Market142

Property Features for 278-280 E Lincoln Highway

General Information

Standard status Active
Size 15,075 SF
Property subtype Retail

Building Details

Buildings 2
Tenancy Multi
Listing Agency: Keller Williams Preferred Realty
Listed By: Valerie Witt · License #IL 475144724
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 7:49PM

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 Keller Williams Preferred Realty

Investment Insights

Based on property information with market context.

This renovated strip mall comprises two buildings with separate addresses at 278 and 280 E Lincoln Highway. The property contains 15,075 square feet, with suites currently available from 920 to 5984 square feet. Typical spaces measure 920 square feet and may be combined for larger requirements.

The center sits directly across from the Metra commuter station in New Lenox and is near the 355 and I-80 interchange. The end suite may support a drive-through configuration, subject to approval, while the middle suite includes rear overhead doors. The owner may assist with new build-outs under an acceptable lease.

Key Highlights

  • 15,075‑square‑foot strip mall across two buildings and two addresses
  • Available suites range from 920 to 5984 square feet
  • Typical 920‑square‑foot suites can be combined

Property Analytics

Current Use

Strip malls

Suggested Use

Top Pick Big Box & Wholesale Store Building Supply Law Firm Auto Parts Store Restaurant Auto Repair Shop

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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

645
Businesses Nearby
68k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 78% Shops & Services 20% Apparel 1% Beauty & Spa 1%
Starbucks Dining
23,000 visits/mo 0.2 miles
Dunkin' Donuts Dining
11,962 visits/mo 0.4 miles
KFC Dining
8,475 visits/mo 0.4 miles
Speedway Shops & Services
7,956 visits/mo 0.1 miles
El Burrito Loco Dining
5,765 visits/mo 0.1 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
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Frequently Asked Questions

What type of property is this?
Strip mall - Two-building retail center opposite the Metra station, near the 355 and I-80 interchange.
Where is this strip mall located?
The property is located at 278-280 E Lincoln Highway New Lenox, IL.
What are key features of this property?
This property features: 15,075‑square‑foot strip mall across two buildings and two addresses; Available suites range from 920 to 5984 square feet; Typical 920‑square‑foot suites can be combined
(815) 603-0393 Call to check price and availability
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