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    OFF-MARKET
    Office Spaces

    433 Landings Dr, New Lenox, IL 60451

    20,000 SF 4.21 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional executive office opportunity in New Lenox, Illinois, presents a proposed one or two-story building, slated for completion in Spring 2024. Located at 433 Landings Drive, this property boasts a flexible footprint ranging from 20,000 to 38,306 square feet across three stories, perfectly suited for a variety of business needs. The building sits on a generous 4.21-acre lot and is zoned C-2, offering significant development potential. Ample parking is available with 168 spaces provided on-site. The property is conveniently located just four blocks from the New Lenox Metra Station, providing easy access to public transportation. Its strategic location also offers close proximity to Silver Cross Hospital and the terminus of the I-355 extension, ensuring excellent connectivity and accessibility. Less than two miles from I-80, this location offers unparalleled convenience for employees and clients alike. The site is pad-ready, and on-site detention is provided, streamlining the development process. The owner is open to considering a sale, presenting a unique investment opportunity. This is a prime location for businesses seeking a modern, efficient, and well-connected office space in a thriving community.

    Property profile
    Verified
    Property type Office Spaces
    Total area 20,000 SF
    Lot 4.21 ac (183,388 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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