105 E Illinois Hwy - Commercial LAND FOR SALE
New Lenox, IL 60451 | 37,897 SF
$515,000 USD
630-330-3352
105 E Illinois Hwy
New Lenox, IL 60451
HIGHLIGHTS
- Flexible Seller – Owner Financing / Seller Financing / Seller Carryback Available: Seller open to creative deal structures including owner financing
- Development Potential & Concept Plans: Preliminary concept drawings have been prepared showing a potential four-duplex (8-unit) configuration
- Zoning, setbacks, and utilities provide multiple options for residential or low-intensity commercial development
- Collaborative Seller / JV or Build-to-Suit Opportunities: Seller is an established construction and development group open to joint ventures
- Location Advantage: Prominent corner visibility at Illinois Highway and Cedar Road with two street frontages
- Excellent access for residential, office, or neighborhood commercial concepts, with nearby amenities and strong area growth supporting future value
OVERVIEW
SVN Chicago Commercial is pleased to present a ±0.877 AC Development opportunity located at 105 Illinois Hwy and 934 S Cedar Rd in New Lenox, Illinois. The property is situated at the signalized corner of Illinois Hwy and Cedar Road in unincorporated Will County. This intersection also includes an active Speedway gas station and car wash, as well as the Cedar Shopping Center, which includes Rosati's Pizza, a cancer center, nail salon, dentist, liquor store, and other businesses. Various development opportunities considered.
FOR SALE DETAILS
PRICE
$515,000 USD
PRICE/ACRE
$591,957/AC
PRICE/SF
$14 USD /SF
# OF LOTS
-
LAND DETAILS
PROPERTY TYPE
Land
PROPERTY SUBTYPE
Commercial
LAND PROPOSED USE
Retail, Multi-Family
LAND ACRES
0.87 AC
LAND SF
37,897 SF
OFFSITE IMPROVEMENTS
-
ZONING
R-3
APN/PARCEL ID
15-08-22-304-009-0000,15-08-22-304-010-0000
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630-330-3352
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630-330-3352
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