340-358 W Maple St - Storefront FOR SALE


New Lenox, IL 60451
$6,900,000 USD
630-330-3352
340-358 W Maple St, New Lenox, IL for Sale
$6,900,000 USD
Storefront - FOR SALE
1/15
null | Request Cap Rate

340-358 W Maple St
New Lenox, IL 60451


OVERVIEW

SVN | Chicago Commercial is pleased to offer for sale a prime value-add retail opportunity at Lincoln-Way Center, located at 340–358 W. Maple Street in New Lenox, Illinois, in Will County. This well-positioned neighborhood shopping center is anchored by Whitmore Ace Hardware, a long-standing and reputable tenant that draws consistent foot traffic. Strategically located near I-80 and the New Lenox Metra Station, the center benefits from excellent accessibility and visibility within this growing southwest suburban market. Recently renovated in 2023, Lincoln-Way Center presents investors with immediate upside through the lease-up of 10 remaining Suite Hub units and the potential to bring existing rents up to market rate. Located in Will County’s New Lenox Township, this high-traffic center serves a strong residential base and is situated within a thriving retail corridor. Lincoln-Way Center offers investors both stability through its anchor tenant and the opportunity for meaningful income growth. All parties to complete NDA for full Sale OM with financials.

FOR SALE DETAILS

PRICE

$6,900,000 USD

PRICE/SF

$154 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Lincoln-Way Center

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1957

SPRINKLERS

-

PARKING SPACES

175

LAND DETAILS

CROSS STREETS

SWC Lincoln Hwy. (Rte. 30) & Vine S

LAND ACRES

3.7 AC

LAND SF

161,172 SF

ZONING

C1

APN/PARCEL ID

15-08-16-300-057

ASK ABOUT THIS PROPERTY

Karen KulczyckiSVN | Chicago CommercialMore Info
630-330-3352

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Karen KulczyckiSVN | Chicago CommercialMore Info
630-330-3352

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