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Commercial Lot on Laraway Road
For Sale
$925,000

LOT 8 LARAWAY Road, New Lenox, IL 60451

Graded commercial lot with utilities in New Lenox, Illinois.

Property SizeContact for details
Lot Size4.00 Acres
Days on Market327

Property Features for LOT 8 LARAWAY Road

General Information

Standard status Active
Lot size 4.00 Acres
Property subtype Land
Zoning COMMR

Taxes and HOA fees

Annual Taxes $8,691

Amenities

Water
Listing Agency: Remax 10
Listed By: Michael Clendenning · License #475143920
Source: Evrealestate
Added: Oct 10, 2025 Changed: Aug 27 Last Checked: Sep 1 at 4:25PM

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 Remax 10

Investment Insights

Based on property information with market context.

This commercial lot, approximately 4 acres in size, is located behind a McDonald's and a 5th/3rd Bank on Laraway Road. A retail strip and parking lot are situated to the west, while a Tractor's Supply building is located to the east. All utilities are available at the site. A retention pond and a residential neighborhood are located to the rear of the property.

Key Highlights

  • Prime Commercial Location: Situated behind McDonald's and 5th/3rd Bank on Laraway Rd, offering high visibility and traffic.
  • All Utilities at Site: Ready for immediate development.
  • Graded 4+ Acre Lot: Substantial and prepared land area.

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Nail Salon Hair Salon Spa & Massage Center Cafe & Coffee 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.

Location Intelligence

Trade Area within ½ mile

157
Businesses Nearby

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
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?
Commercial land - Graded commercial lot with utilities in New Lenox, Illinois.
Where is this commercial land located?
The property is located at LOT 8 LARAWAY Road New Lenox, IL.
What is the asking price?
The asking price for this property is $925,000.
What are key features of this property?
This property features: Prime Commercial Location: Situated behind McDonald's and 5th/3rd Bank on Laraway Rd, offering high visibility and traffic.; All Utilities at Site: Ready for immediate development.; Graded 4+ Acre Lot: Substantial and prepared land area.
More about this property
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