Individually Owned 
For Sale
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Property summary
The property is a 151-acre site located in New Lenox, a southwest suburb of Chicago, with frontage on Laraway Road just west of Cedar Road. It is zoned for agriculture, and the local comprehensive plan indicates potential for mixed-use residential development with higher-density possibilities. The site is served by New Lenox grade schools and Lincoln-Way high school. Public transportation includes access to two Metra stations, with the Laraway Road station approximately half a mile to the east and the main station at Cedar and Route 30 approximately 2.6 miles to the north. Major interstate access is available via I-80, I-55, I-355, and I-57, and a shopping district is located along Route 30.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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