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    273 Haven Ave New Lenox, IL 60451

    For Lease
    $24 SF/Yr ($6,600 /Mo)

    New Lenox Restaurant Space Available

    Lot size:
    3,300 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional 1,250 square foot retail space presents a fantastic opportunity for a restaurant in the thriving New Lenox, IL market. Located at 273 E Haven Avenue, this new construction end-cap unit boasts prime visibility and signage directly on busy Route 30. The property is part of a vibrant retail center, conveniently situated next to a brand new Dunkin' and within close proximity to major retailers such as Walmart and Aldi, ensuring high foot traffic and brand recognition. The single-story building offers a total of 3,300 square feet, with a minimum divisible space of 1,250 square feet and a maximum contiguous space of 1,250 square feet currently vacant. This location offers unparalleled convenience, being just one block from the New Lenox Metra Train Station, providing easy access for commuters and employees. Furthermore, its strategic location near the intersection of major highways I-80 and I-355 ensures excellent accessibility for customers from a wide geographic area. The property is situated in Will County, Illinois, and benefits from the strong economic growth and population increase characterizing the New Lenox area. This is an ideal location for a business seeking high visibility, convenient access, and a strong customer base in a rapidly developing retail corridor. The property is ready for immediate occupancy.

    Property Features for 273 Haven Ave

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    3,300 SF
    Total Rate
    6600

    Building Details

    Stories
    1

    Unit(s) available at that property

    Space
    273B
    Size
    1,250 SF
    Rate per SF
    $24

    HighLights

    • 1,250 SF retail space available for lease in New Lenox, IL.
    • New construction end‑cap unit with high visibility on Route 30.
    • Located in a vibrant retail center near Dunkin', Walmart, and Aldi.
    • Single‑story building with 1,250 SF minimum divisible space.
    • One block from the New Lenox Metra Train Station.
    • Excellent access to I‑80 and I‑355.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    New Lenox
    County
    Will
    State
    Illinois
    Longitude
    -87.9612383
    Latitude
    41.5126767

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    FAQs

    What type of property is this?
    Restaurant - New Lenox Restaurant Space Available
    Where is this restaurant located?
    The property is located at 273 Haven Ave New Lenox, IL.
    What is the lease rate?
    The lease rate is $24 SF/Yr.
    What are key features of this property?
    This property features: 1,250 SF retail space available for lease in New Lenox, IL.; New construction end-cap unit with high visibility on Route 30.; Located in a vibrant retail center near Dunkin', Walmart, and Aldi.
    Request Owner's contact information
    273 Haven Ave New Lenox, IL 60451
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    New Lenox, IL 60451
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    273 Haven Ave New Lenox, IL 60451
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