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    1800 Lincoln Hwy New Lenox, IL 60451

    Sponsored
    For Lease
    Contact for pricing

    High-traffic retail space in New Lenox, IL.

    Lot size:
    2,040 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional retail opportunity is located at 1800 E Lincoln Hwy in New Lenox, Illinois, within Will County, and boasts a prime location on a busy thoroughfare. The property is a strip center with one available space totaling 2,040 square feet, perfect for a variety of retail businesses. Its strategic placement across from Lincoln-Way Central High School ensures high visibility and significant foot traffic, benefiting from an impressive 24,700 average daily traffic count on Lincoln Highway. The property offers excellent signage opportunities with monument signage available, enhancing brand visibility and attracting potential customers. The property's address is 1800 E Lincoln Hwy, New Lenox, IL 60451. This is a multi-tenant retail space, providing a vibrant and bustling environment. The property's geographic coordinates are latitude 41.511397606495194 and longitude -87.93120003738277. This presents a unique chance to establish or expand a retail presence in a thriving community with strong demographics. The property type is retail, specifically a strip center. Don't miss this chance to secure a prominent retail location in a high-traffic area.

    Property Features for 1800 Lincoln Hwy

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    2,040 SF

    Unit(s) available at that property

    Space
    1812
    Size
    2,040 SF

    HighLights

    • 2,040 SF retail space available in a New Lenox, IL strip center.
    • High‑traffic location on E Lincoln Hwy (24,700 ADT), across from Lincoln‑Way Central High School.
    • Monument signage available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Neighborhood centers

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    New Lenox
    County
    Will
    State
    Illinois
    Longitude
    -87.931200037383
    Latitude
    41.511397606495

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    FAQs

    What type of property is this?
    Neighborhood center - High-traffic retail space in New Lenox, IL.
    Where is this neighborhood center located?
    The property is located at 1800 Lincoln Hwy New Lenox, IL.
    What are key features of this property?
    This property features: 2,040 SF retail space available in a New Lenox, IL strip center.; High-traffic location on E Lincoln Hwy (24,700 ADT), across from Lincoln-Way Central High School.; Monument signage available.
    Request Owner's contact information
    1800 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
    1800 Lincoln Hwy New Lenox, IL 60451
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