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    1938 Lincoln Hwy New Lenox, IL 60451

    Sponsored
    For Lease
    $22 SF/Yr

    New Lenox, IL Office Suites Available

    Lot size:
    70,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    Atrium Pointe, located at 1938 E Lincoln Hwy in New Lenox, IL (zip code 60451), offers a diverse range of executive office and retail spaces. This two-story building, constructed in 2006, boasts a total of 70,000 square feet situated on a 4.5-acre lot. The property is zoned B1 and falls within the Joliet/Central Will submarket of Will County. Tenants can choose from multiple suites, with a minimum divisible space of 334 square feet and a maximum contiguous space of 1,650 square feet. Currently, there are 10 total suites, with 4,840 square feet of vacant space available for lease. The building offers a mix of leasing options, including net lease retail spaces and modified gross lease second-floor offices. This prime location provides easy access to major transportation routes and offers a variety of amenities within close proximity. The property's modern design and flexible space options make it ideal for a variety of businesses seeking a professional and convenient work environment in the thriving Joliet/Central Will County market. Interested parties should inquire about available suite sizes and lease terms.

    Property Features for 1938 Lincoln Hwy

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    70,000 SF
    Total Rate
    128333.33

    Building Details

    Year Built
    2006
    Stories
    2

    Unit(s) available at that property

    Space
    Suite 205D
    Size
    0 SF
    Space
    Suite 205E
    Size
    0 SF
    Space
    Suite 205F
    Size
    0 SF
    Space
    Suite 209 C
    Size
    0 SF
    Space
    Suite 209D
    Size
    0 SF
    Space
    Suite 212
    Size
    1,270 SF
    Space
    Suite 103
    Size
    1,270 SF
    Rate per SF
    $22
    Space
    Suite 210 B
    Size
    650 SF
    Space
    Suite 216 ABC
    Size
    1,650 SF
    Space
    205C
    Size
    0 SF

    HighLights

    • 2006 Construction Year
    • 70,000 Square Foot Building
    • B1 Zoning
    • Joliet/Central Will County Submarket
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    New Lenox
    County
    Will
    State
    Illinois
    Longitude
    -87.9277351
    Latitude
    41.5094644

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    FAQs

    What type of property is this?
    Office Property / Space - New Lenox, IL Office Suites Available
    Where is this office property / space located?
    The property is located at 1938 Lincoln Hwy New Lenox, IL.
    What is the lease rate?
    The lease rate is $0.00-$22 SF/Yr.
    What are key features of this property?
    This property features: 2006 Construction Year; 70,000 Square Foot Building; B1 Zoning
    Request Owner's contact information
    1938 Lincoln Hwy 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
    1938 Lincoln Hwy New Lenox, IL 60451
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