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Property profile

433 Landings Dr New Lenox, IL 60451

OFF-MARKET
Office Spaces
20,000 SF 4.21 ac lot
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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

Location

433 Landings Dr New Lenox, IL 60451
New Lenox metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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