41.553037 -87.972814 New Lenox, IL 60451
- Land
- 20.00 lot acres
Current Use by Public Records
- Land
Property Details for 0 41.553037 -87.972814
- Lot size
- 20.00 lot acres
- Property type
- Land
Description
This exceptional 156-acre property in New Lenox, Illinois, presents a unique investment opportunity. Located at the northeast corner of I-355 and US Route 6, this land offers unparalleled access and visibility. The site boasts significant I-355 frontage and is conveniently situated just two miles from I-80. Zoned C-7, R-1, and R-2, the property allows for diverse development, including residential (single-family, townhomes, multifamily), commercial (retail, service, entertainment), and medical uses. The site's strategic location benefits from proximity to major roadways and high-traffic areas. Across the street, the Silver Cross Hospital, a 348-bed facility, attracts approximately 2.2 million visitors annually. Furthermore, the adjacent Crossroads Sports Complex, slated for completion in 2025, is projected to draw over 600,000 visitors yearly. This combination of high visibility, diverse zoning, and strong surrounding demographics makes this a compelling opportunity for developers seeking a prime location in a rapidly growing Chicagoland suburb. The property is divisible into smaller parcels, offering flexibility for various development scenarios. The land is ready for immediate acquisition. The parcel sizes range from 20 to 156 acres. This location offers significant potential for substantial returns.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- New Lenox
- County
- Will
- State
- Illinois
- Longitude
- -87.9672
- Latitude
- 41.5534
