Property summary
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.
Property profile
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Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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