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1009 W Laraway Rd - Laraway Lanes 19,184 SF Sports & Entertainment Building Offered at $2,213,424 CAD in New Lenox, IL 60451

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INVESTMENT HIGHLIGHTS

  • High Visibility - All Brick Building
  • Room to expand or build an additional building for outdoor space to Bowling Alley or a Commercial Building
  • Great location with a high traffic count of 12,600+vehicles daily

EXECUTIVE SUMMARY

This sale is for the "Building only" - business is not for sale. Seller would like to have this sold as a package with the vacant lot north of the building at 1007 Nelson Rd. for an additional $300,000. This would be great for an expansion for a larger Sports Complex such as Pickle Ball, Tennis, expand on the building so many options or build a Commercial Building and expand on the fully rented Strip Center. Great Investment in this fast-growing area of Will County in New Lenox with a traffic count of 12,600+ vehicles daily. High visibility and Laraway Rd. are currently being expanded into a 4-lane highway. The bowling alley is currently under a lease with a long-time tenant. What a great investment for your Portfolio in this fast and growing area of Will County because in New Lenox the future is here! For any backup information please contact listing agent there must be a confidentiality agreement signed. Great addition to your Portfolio.

FINANCIAL SUMMARY (ACTUAL - 2023) Click Here to Access

ANNUAL (CAD) ANNUAL PER SF (CAD)
Taxes $99,999 $9.99
Operating Expenses - -
Total Expenses $99,999 $9.99

FINANCIAL SUMMARY (ACTUAL - 2023) Click Here to Access

Taxes (CAD)
Annual $99,999
Annual Per SF $9.99
Operating Expenses (CAD)
Annual -
Annual Per SF -
Total Expenses (CAD)
Annual $99,999
Annual Per SF $9.99

PROPERTY FACTS

Price $2,213,424 CAD
Price Per SF $115.38 CAD
Sale Type Investment
Property Type Sports & Entertainment
Building Class C
Lot Size 1.89 AC
Building Size 19,184 SF
No. Stories 1
Year Built 1982
Parking Ratio 2.61/1,000 SF
Zoning C- 3 - Commercial - C-3

AMENITIES

  • Air Conditioning

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
15-08-29-405-056
Land Assessment
$118,505 CAD (2024)
Improvements Assessment
$478,138 CAD (2024)
Total Assessment
$596,644 CAD (2024)
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2023 Payable 2024
  • Listing ID: 31073711

  • Date on Market: 2024-02-28

  • Last Updated:

  • Address: 1009 W Laraway Rd, New Lenox, IL 60451

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