1500 W Lincoln Hwy - Commercial LAND FOR SALE


New Lenox, IL 60451 817,186 SF
$12,500,000 USD
708-935-2761
1500 W Lincoln Hwy, New Lenox, IL for Sale
$12,500,000 USD
Commercial LAND - FOR SALE
1/10
817,186 SF

1500 W Lincoln Hwy
New Lenox, IL 60451


HIGHLIGHTS

  • HIGH VISIBILITY
  • EXISTING BUILDING REMOVED
  • UTILITIES ARE AT THE PROPERTY

OVERVIEW

18.76-Acre Redevelopment Opportunity at the I-80 & Route 30 Interchange Positioned at a signalized corner at the I-80 and Route 30 exit, this 18.76-acre development site offers exceptional visibility and exposure to approximately 75,000 vehicles per day. Located in New Lenox, one of Illinois' most active communities for residential and commercial growth, the property is well suited for a variety of development opportunities. The site is zoned C-3 and designated for PUD/Mixed-Use development, allowing flexibility for retail, commercial, office, educational, and other permitted uses. Utilities including gas, water, electric, and sanitary service are available at the site, supporting future development plans. Surrounded by ongoing residential construction, expanding business activity, and continued investment throughout the area, this location offers strong potential for developers, investors, and owner-users seeking a highly visible presence along a major transportation corridor. The property's prominent highway frontage also creates an outstanding opportunity for corporate branding and signage exposure. A quick closing is available, and the property may be suitable for a 1031 exchange. Consider this high-profile development site for your next project or long-term investment in one of the Chicago region's fastest-growing markets. Possible Joint Venture / Limited Partnership... ??? ... Make something happen... be creative...

FOR SALE DETAILS

PRICE

$12,500,000 USD

PRICE/ACRE

$666,311/AC

PRICE/SF

$15 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

SPONSORSHIP/BRAND DEVELOPMENT LOCATION 18AC's

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Mixed Use, Multi-Family, Apartment Units - Condo, Planned Unit Development, Specialty/Festival/Entertainment, Theater/Concert Hall

LAND ACRES

18.76 AC

LAND SF

817,186 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Streets, Cable, Telephone

ZONING

C-3

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

George ChandlerColdwell Banker RealtyMore Info
708-935-2761

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George ChandlerColdwell Banker RealtyMore Info
708-935-2761

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.