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1301 N Cedar Rd - R-2 Zoned Acreage 1.76 Acres of Commercial Land Offered at $690,980 CAD in New Lenox, IL 60451



INVESTMENT HIGHLIGHTS
- Prime corner location with strong visibility and access
- Zoned C-1 for flexible commercial development
- High consumer spending and favorable demographics
- Prime corner location with strong visibility and access
- Surrounded by healthcare, residential, and retail anchors
- Pro-business municipality with streamlined approvals
EXECUTIVE SUMMARY
Positioned at the high-visibility southwest corner of Francis Road and Cedar Road, 1301 N Cedar Rd offers a rare opportunity to acquire a 1.768-acre development-ready parcel in the thriving New Lenox market. Zoned C-1, the site is ideal for a wide range of commercial uses, from retail and service-oriented businesses to professional offices. The property benefits from strong traffic counts of 12,000 vehicles per day and is surrounded by a mix of residential neighborhoods, healthcare facilities, and recreational amenities.
Strategically located just 1.5 miles from the full interchange at I-355 and Route 64, and 2.4 miles from I-80 and Route 30, the site provides seamless regional connectivity for customers and employees alike. The area’s pro-business climate and robust consumer spending—estimated at $209 million within a 2-mile radius and $1.4 billion within 5 miles—make this an attractive investment for developers and owner-users seeking long-term growth.
Nearby landmarks include Silver Cross Hospital, Sanctuary Golf Course, and the Lincoln Highway corridor, further enhancing the site’s appeal. With a median age of 42 and over 5,300 households within two miles, the surrounding demographics support a stable and diverse customer base. Whether you're looking to build a freestanding retail concept, a medical office, or a mixed-use development, this parcel offers the flexibility and location to bring your vision to life.
Strategically located just 1.5 miles from the full interchange at I-355 and Route 64, and 2.4 miles from I-80 and Route 30, the site provides seamless regional connectivity for customers and employees alike. The area’s pro-business climate and robust consumer spending—estimated at $209 million within a 2-mile radius and $1.4 billion within 5 miles—make this an attractive investment for developers and owner-users seeking long-term growth.
Nearby landmarks include Silver Cross Hospital, Sanctuary Golf Course, and the Lincoln Highway corridor, further enhancing the site’s appeal. With a median age of 42 and over 5,300 households within two miles, the surrounding demographics support a stable and diverse customer base. Whether you're looking to build a freestanding retail concept, a medical office, or a mixed-use development, this parcel offers the flexibility and location to bring your vision to life.
PROPERTY FACTS
| Price | $690,980 CAD | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Unknown |
| No. Lots | 1 | Total Lot Size | 1.76 AC |
| Property Type | Land | ||
| Zoning | C-1 | ||
| Price | $690,980 CAD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Unknown |
| Total Lot Size | 1.76 AC |
| Zoning | C-1 |
1 LOT AVAILABLE
Lot
| Price | $690,980 CAD | Lot Size | 1.76 AC |
| Price Per AC | $391,823.32 CAD |
| Price | $690,980 CAD |
| Price Per AC | $391,823.32 CAD |
| Lot Size | 1.76 AC |
1.768 Acres on Southwest Corner Francis Rd and Cedar Rd
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1301 N Cedar Rd - R-2 Zoned Acreage
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