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105-111 Illinois Hwy 1.17 Acres of Commercial Land Offered at $712,446 CAD in New Lenox, IL 60451

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INVESTMENT HIGHLIGHTS

  • ±1.17 AC Development Site at Signalized Corner
  • Across the street from Speedway car wash & gas station
  • R-3 zoning currently, but annexation into the Village of New Lenox would allow a C-1 Neighborhood Convenience Shopping District or Single-Family/Duple
  • Unincorporated Will County at the Corner of Illinois Hwy and Cedar Road
  • Diagonally adjacent to Cedar Shopping Center, which includes Rosati's Pizza, a cancer center, nail salon, dentist, liquor store, and other businesses

EXECUTIVE SUMMARY

SVN Chicago Commercial is pleased to present a ±1.17 AC Development opportunity located at 111 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.

ATTACHMENTS

Sale Brochure

PROPERTY FACTS

Price $712,446 CAD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Retail
  • Multifamily
Total Lot Size 1.17 AC
Zoning R-3 - R-3 zoning currently, but annexation into the Village of New Lenox would allow a C-1 Neighborhood Convenience Shopping District or Single-Family/Duple

1 LOT AVAILABLE

Lot

Price $712,446 CAD
Price Per AC $608,928.05 CAD
Lot Size 1.17 AC

Unincorporated Will County at the Corner of Illinois Hwy and Cedar Road

DESCRIPTION

Discover the potential of the Central Will County submarket with the prime location of this ±1.17 AC development site in unincorporated Will County. Located adjacent to the vibrant town of New Lenox, IL, this property offers access to a thriving community and a strong local economy. Investors will appreciate the proximity to notable attractions such as the New Lenox Village Commons, Silver Cross Hospital, and nearby retail centers. With its strategic placement 3 miles from the I-80/US-30 interchange and growing residential developments, this area presents a compelling opportunity for retail or multifamily development. Embrace the potential of this bustling location in the heart of the southwest Chicago suburban area.

  • Listing ID: 37720118

  • Date on Market: 2025-03-25

  • Last Updated:

  • Address: 105-111 Illinois Hwy, New Lenox, IL 60451

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