0 Delaney Rd, New Lenox, IL 60451
This exceptional 11.21-acre property in New Lenox, Illinois, presents a compelling development opportunity. Located on W. Delaney Rd, with APN 1508343000120000, the land is zoned A1, offering versatility for various projects. Currently leased to a farmer, this parcel provides immediate income potential while allowing for future development plans. The property's strategic location offers easy access to New Lenox grade schools and Lincolnway High School, enhancing its appeal for residential development. Its proximity to a train station and local shopping further strengthens its desirability. Water access is readily available at the front of the property on W. Delaney Rd. The asking price is $250,000. This represents a unique chance to acquire a substantial land holding in a thriving community with excellent infrastructure and amenities. The A1 zoning provides flexibility for a range of uses, making this an attractive investment for both short-term and long-term growth. Serious inquiries are encouraged to explore the full potential of this remarkable property. The property is situated in Will County, Illinois, with a zip code of 60451.
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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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.