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    433 Landings Dr New Lenox, IL 60451

    Sponsored
    For Sale
    Contact for pricing

    Premium Office Building - Spring 2024 Delivery

    Property size:
    20,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional executive office opportunity in New Lenox, Illinois, presents a proposed one or two-story building, slated for completion in Spring 2024. Located at 433 Landings Drive, this property boasts a flexible footprint ranging from 20,000 to 38,306 square feet across three stories, perfectly suited for a variety of business needs. The building sits on a generous 4.21-acre lot and is zoned C-2, offering significant development potential. Ample parking is available with 168 spaces provided on-site. The property is conveniently located just four blocks from the New Lenox Metra Station, providing easy access to public transportation. Its strategic location also offers close proximity to Silver Cross Hospital and the terminus of the I-355 extension, ensuring excellent connectivity and accessibility. Less than two miles from I-80, this location offers unparalleled convenience for employees and clients alike. The site is pad-ready, and on-site detention is provided, streamlining the development process. The owner is open to considering a sale, presenting a unique investment opportunity. This is a prime location for businesses seeking a modern, efficient, and well-connected office space in a thriving community.

    Property Features for 433 Landings Dr

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    20,000 SF
    Lot Size
    183,388 SF

    Building Details

    Stories
    3

    HighLights

    • Pad‑ready site.
    • On‑site detention.
    • Four blocks from New Lenox Metra Station.
    • Owner will consider sale.
    • Close proximity to Silver Cross Hospital.
    • Near I‑355 extension terminus.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    New Lenox
    County
    Will
    State
    Illinois
    Longitude
    -87.955304
    Latitude
    41.510224

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    FAQs

    What type of property is this?
    Office Property / Space - Premium Office Building - Spring 2024 Delivery
    Where is this office property / space located?
    The property is located at 433 Landings Dr New Lenox, IL.
    What are key features of this property?
    This property features: Pad-ready site.; On-site detention.; Four blocks from New Lenox Metra Station.
    Request Owner's contact information
    433 Landings Dr 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
    433 Landings Dr New Lenox, IL 60451
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