Multifamily

New Lenox, IL Multifamily Properties for Sale

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Mokena, IL Joliet, IL Frankfort, IL
Land Parcel Near Silver Cross
Updated: Mar 6, 2023
Land Parcel Near Silver Cross

1301 Silver Cross Boulevard, New Lenox, IL 60451

$6,225,000
83.20 AC lot
Adjacent to Silver Cross Hospital
Approximately 1 mile to the Rt. 6 I‑355 interchange
Over half mile of frontage on Silver Cross Blvd.
Frontage on Francis Road
Many potential uses: Medical Office, Assisted Living, Apartments, Condos
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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in New Lenox, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Rebuilt Two-Unit Residential Income Property
Rebuilt Two-Unit Residential Income Property

1236 S Washington Street, Lockport, IL 60441

$510,000

Two rebuilt 2-bedroom units with separate utilities, tenant laundry, and included kitchen appliances reduce owner operating complexity.

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Turnkey Renovated Two-Unit Duplex
Turnkey Renovated Two-Unit Duplex

132 Akin Avenue, Joliet, IL 60433

$295,900

Fully renovated duplex with separate laundry areas and updated kitchens, baths, mechanicals, and exterior improvements.

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Two-Unit Residential Income Property
Two-Unit Residential Income Property

1307 E Cass Street, Joliet, IL 60432

$345,999
0.10 AC lot

Turnkey 2-unit property with updated kitchens and baths, plus a first-floor den/office with patio-door access.

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Five-Unit Residential Property For Sale
Five-Unit Residential Property For Sale

1709 South State Street, Lockport, IL 60441

$599,000

Five-unit residential property near train, downtown, and highways.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

University Park Developable Land
University Park Developable Land

976 Mesa Court, University Park, IL 60484

Contact for pricing
3.20 AC lot

3.2 acres with 24 concrete housing pads in University Park.

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Wooded Homesite in Wheatfield, Indiana
Wooded Homesite in Wheatfield, Indiana

4418 Oakland Court, Wheatfield, IN 46392

Contact for pricing
0.57 AC lot

Spacious, wooded 0.57-acre lot in established neighborhood.

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Land For Sale, Lakemoor, IL
Land For Sale, Lakemoor, IL

27 Oyster Bay, Lakemoor, IL 60051

Contact for pricing
0.12 AC lot

Commercial land available in Lakemoor, Illinois.

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Recreational Land Bordering National Forest
Recreational Land Bordering National Forest

V/L E Kissing Oaks Trail, Custer, MI 49405

$39,900
0.96 AC lot

RV recreational lot bordering Manistee National Forest.

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New Lenox, IL Multifamily Properties Market Trends and Statistics

Explore 1 multifamily properties for sale in New Lenox, IL on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $6,225,000.

Sale prices for multifamily properties in New Lenox, IL start at $6,225,000, averaging $6,225,000, and reaching up to $6,225,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Apartment buildings 1

Demographics Overview

Population 37K
Population Growth (5Y) +7.3%
Median Household Income $132,260
College Educated 58.4%

High-Yield Neighborhoods for Investment

Identify New Lenox submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
60451 $6.2M

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Will County

New Delisted

Property Size Breakdown

The majority of commercial real estate listings in New Lenox fall within the 100,000+ square foot range.

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