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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 Market382

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 $8,439

Amenities

Water
Listing Agency: RE/MAX 10
Listed By: Michael Clendenning · License #475143920
Source: Evrealestate
Added: Oct 10, 2025 Changed: Oct 25 Last Checked: Oct 24 at 5:48PM

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 RE/MAX 10

Rey
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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

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Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Hair Salon Nail 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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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.
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