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    OFF-MARKET
    Land

    6 & Interstate 355, New Lenox, IL 60451

    14 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 14-acre parcel presents a unique investment opportunity in the rapidly developing New Lenox Crossroads area of Will County, Illinois. Located at the highly visible intersection of Route 6 and Interstate 355, this property is ideally situated to capitalize on the significant traffic generated by the newly constructed multi-sport complex. Projected to open by 2025, this state-of-the-art facility will attract regional and national sporting events, drawing substantial crowds from multiple states. The outlots are being developed as pad-ready sites, perfect for retail, commercial, or hotel development. This development is part of a larger 100-acre project, ensuring a vibrant and growing surrounding community. The master developer, Northern Builders, Inc., is overseeing all retail development and can provide assistance with site layout and construction pricing. This presents a rare chance to secure a prominent location within a thriving sports and entertainment hub. Both sale and lease options are available, offering flexibility to suit various investment strategies. The property's prime location in New Lenox, IL (zip code 60451), offers easy access to major transportation arteries, ensuring high visibility and accessibility for businesses. Don't miss this opportunity to be part of a dynamic and rapidly expanding commercial development.

    Property profile
    Verified
    Property type Land
    Lot 14 ac (609,840 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
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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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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