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    OFF-MARKET
    Retirement homes

    0 Silver Cross Blvd, New Lenox, IL 60451

    83 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 83-acre site in New Lenox, Illinois, presents a unique investment opportunity. Strategically located near the new Silver Cross Hospital Campus on Route 6, and boasting excellent visibility with approximately 3300 feet of frontage along Silver Cross Boulevard and 900 feet along Francis Road, this property offers unparalleled access to major expressways, I-355 and I-80. The site is zoned for agriculture, but its potential uses are diverse and extensive, including medical office space, assisted living facilities, nursing homes, age-restricted high-density single-family or multi-family developments, and various residential options. Utilities are readily available nearby, although some sewer line recapture is required. The seller is open to dividing the property. This prime location in Will County, situated between Joliet, Lockport, Homer Glen, Mokena, and Orland Park, offers significant growth potential and strong demographics. The asking price is $6,225,000. APN: 15-08-08-400-017-0000 - 15-08-08-200-003-0000.

    Property profile
    Verified
    Property type Retirement homes
    Lot 83 ac (3,615,480 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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