0 Silver Cross Blvd, New Lenox, IL 60451
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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Risks
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