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    Laraway Rd New Lenox, IL 60451

    • Land
    • 1.42 lot acres
    For Sale
    View listing
    $549,900
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Laraway Rd

    Lot size
    1.42 lot acres
    Property type
    Land

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    New Lenox
    County
    Will
    State
    Illinois
    Longitude
    -87.9587
    Latitude
    41.4827

    Comparable in this City

    • Value Estimation by Request
      1.75 Acres

      Laraway Rd

      Land • 1.75 Acres
      0 Laraway Rd, New Lenox, IL 60451
      View Details
    • Value Estimation by Request
      20.00 Acres

      41.553037 -87.972814

      Land • 20.00 Acres
      0 41.553037 -87.972814, New Lenox, IL 60451
      View Details
    • Value Estimation by Request
      1.56 Acres

      1007 Nelson Rd

      Land • 1.56 Acres
      1007 Nelson Rd, New Lenox, IL 60451
      View Details
    • Value Estimation by Request
      1.66 Acres

      111 Illinois Hwy

      Land • 1.66 Acres
      111 Illinois Hwy, New Lenox, IL 60451
      View Details
    • Value Estimation by Request

      111 Illinois Hwy

      Specialty properties
      111 Illinois Hwy, New Lenox, IL 60451
      View Details
    • Value Estimation by Request
      17.00 Acres

      101 American Pride Ln

      Land • 17.00 Acres
      101 American Pride Ln, New Lenox, IL 60451
      View Details

    Similar Nearby for Sale

    • $300,000
      1.56 Acres

      Prime Commercial Land, New Lenox

      1.56 Acres, High-Traffic Location
      1007 Nelson Rd, New Lenox, IL 60451
      View Details
    • $895,000

      High-Traffic Corner Lot in New Lenox, IL

      Prime Commercial Land, R-3 Zoning
      0 Lincoln Hwy, New Lenox, IL 60451
      View Details
    • $549,900
      1.42 Acres

      500 E. Laraway Rd. Lot 1, New Lenox, Illinois

      Land • 1.42 Acres
      0 Laraway Rd, New Lenox, IL 60451
      View Details
    • Contact for pricing
      20.00 Acres

      New Lenox Commercial Land - 156 Acres

      Prime location, divisible parcels, mixed-use potential.
      0 41.553037 -87.972814, New Lenox, IL 60451
      View Details
    • $699,900
      1.75 Acres

      New Lenox Commercial Land - $699,900

      1.75-Acre Corner Lot, High Visibility
      0 Laraway Rd, New Lenox, IL 60451
      View Details
    • $9,437,500

      151 Acres in New Lenox

      151 acres in a rapidly growing Chicago suburb.
      14620 W Laraway Rd, New Lenox, IL 60451
      View Details

    Similar Nearby for Lease

    • $10 SF/Yr

      Redevelopment Opportunity Near I-80 Exit

      18.76 acres for redevelopment with existing 84,180 SF building.
      1500 W Lincoln Hwy, New Lenox, IL 60451
      View Details
    • $18 SF/Yr

      New Lenox Office Space Available

      Approximately 2100 sq ft office space for lease.
      12410 W Horseshoe Dr, New Lenox, IL 60451
      View Details
    • Contact for pricing
      44,920 SF

      Suite HUB: New Lenox Retail Space

      Prime New Lenox retail suites, fully furnished options.
      352 Maple St, New Lenox, IL 60451
      View Details
    • Contact for pricing
      2,040 SF

      New Lenox Retail Space Available

      High-traffic retail space in New Lenox, IL.
      1800 Lincoln Hwy, New Lenox, IL 60451
      View Details
    • $14 SF/Yr

      Versatile Office Space in New Lenox

      Spacious commercial property with ample office space available for lease.
      702 W Maple St, New Lenox, IL 60451
      View Details
    • $24 SF/Yr
      3,300 SF

      Haven Avenue Retail Space

      New Lenox Restaurant Space Available
      273 Haven Ave, New Lenox, IL 60451
      View Details
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    Laraway Rd
    New Lenox, IL 60451
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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