Laraway Rd New Lenox, IL 60451
- Land
- 1.75 lot acres
Current Use by Public Records
- Land
Property Details for 0 Laraway Rd
- Lot size
- 1.75 lot acres
- Property type
- Land
Description
This exceptional 1.75-acre commercial lot, located at 550 E. Laraway Rd., Lot 2 in New Lenox, IL (APN: 1508341010020000), presents a unique investment opportunity. Situated on the southwest corner of Laraway Road and Calistoga Drive, this C-3 PUD zoned property boasts unparalleled visibility and accessibility, benefiting from a traffic count of 12,600 vehicles daily. The lot's prime location within the Calistoga Shopping Plaza offers easy ingress and egress, enhanced by a nearby traffic signal. Anchored by Berkot's Grocery Store and surrounded by a mix of businesses including a pub, fast food, pet store, dentist, and hair salon, this property enjoys a thriving commercial environment. Its proximity to the Metra train station and I-80 further enhances its appeal. The 76,187 square foot lot is ready for immediate development, with utilities readily available. A survey and backup package are available upon request. This property is ideally suited for a variety of commercial uses and represents a significant investment in one of Will County's fastest-growing areas, surrounded by upscale residential development. An adjacent lot (Lot 1) is also available for purchase. This presents a rare chance to acquire a highly visible, well-located commercial property in a booming market. The asking price is $699,900.
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
- -87.9578
- Latitude
- 41.4823
