New Lenox, IL
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    New Lenox, IL Strip Malls for Sale

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    Mokena, IL Joliet, IL Homer Glen, IL
    Renovated Retail Center with Upside
    $6,900,000
    45,260 SF

    Renovated Retail Center with Upside

    340-358 W. Maple St, New Lenox, IL 60451

    Value-add retail opportunity in a high-traffic location.

    • Value‑add opportunity with immediate upside through lease‑up of 10 Suite Hub units and potential to increase existing rents to market rate.
    • Anchored by Whitmore Ace Hardware, a long‑standing and reputable tenant that generates consistent foot traffic.
    • Excellent accessibility and visibility due to its strategic location near I‑80 and the New Lenox Metra Station.
    • Recently renovated in 2023.
    • Located in a high‑traffic area within a thriving retail corridor serving a strong residential base.
    Updated: Nov 21, 2025
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    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in New Lenox, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Retail Strip Center Near Oak Park
    Contact for pricing
    12,000 SF

    Retail Strip Center Near Oak Park

    12,000 SF retail strip center near downtown Oak Park.

    7736-48 Madison Street, Forest Park, IL 60130
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    Orland Park Retail Investment Opportunity
    $3,563,651
    9,904 SF

    Orland Park Retail Investment Opportunity

    Fully occupied retail property with long-term tenants in Orland Park.

    15341-15345 S La Grange Rd, Orland Park, IL
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    Occupied Retail Center For Sale
    $5,964,640
    15,224 SF

    Occupied Retail Center For Sale

    Fully occupied retail center with essential services and future upside.

    15159 S La Grange Rd, Orland Park, IL
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    Retail Strip Center For Sale
    Contact for pricing
    12,000 SF

    Retail Strip Center For Sale

    Retail strip center with diverse tenants in prime location.

    7736-7748 Madison St, Forest Park, IL
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    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Flossmoor Commercial Development Opportunity
    $399,900
    2.53 Acres

    Flossmoor Commercial Development Opportunity

    2.53-acre commercial land parcel in Flossmoor, Illinois.

    19611 Crawford Avenue, Flossmoor, IL 60422
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    2.91 Acres Corner Location
    Contact for pricing
    2.91 Acres

    2.91 Acres Corner Location

    2.91 acres in Will County, corner location, industrial park.

    Lot 1 West Stuenkel Road, University Park, IL 60484
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    Prime Corner Commercial Land Available
    $800,000
    1.90 Acres

    Prime Corner Commercial Land Available

    Corner lot suitable for retail development, drive-thru, or subdivision.

    8450 Willow Springs Road, Willow Springs, IL 60480
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    Corner Lot Strip Mall Opportunity
    $130,000
    0.16 Acres

    Corner Lot Strip Mall Opportunity

    Ideal corner location for a small strip mall or franchise.

    237 W 79th Street, Chicago, IL 60620
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    New Lenox, IL Strip Malls Investment Opportunities Market Analysis

    Explore 1 strip malls for sale in New Lenox, IL on our real estate platform. These investment opportunities span a total of 45,260 square feet of properties for sale, with an estimated market value of $6,900,000.

    Sale prices for retail strips in New Lenox, IL start at $6,900,000, averaging $6,900,000, and reaching up to $6,900,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Operating Costs & Financing

    Average Loan-to-Value is 65.0%.

    Avg Loan-to-Value 65.0%

    Property Size Breakdown

    Most commercial real estate listings in New Lenox range between 25,000 - 50,000 sqft.

    New Listings Trend, 12 Mo

    Number of new listings by month over the past year in New Lenox.

    Leading Commercial Asset Segments

    Shopping centers 3
    Automotive properties 1
    Banks 1

    New Lenox Demographics Overview

    Population 37K
    Population Growth (5Y) +7.3%
    Median Household Income $132,260
    College Educated 58.4%

    Top Neighborhoods for Investment

    Discover the areas of New Lenox with the highest concentration of for-sale assets and compare their average market prices.

    Neighborhood Price Range Average Price
    60451 $395K - 12.5M $6.4M

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