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105 E Illinois Hwy
New Lenox, IL 60451
Land For Sale
·
0.87 AC
Investment Highlights
- Flexible Seller – Owner Financing / Seller Financing / Seller Carryback Available: Seller open to creative deal structures including owner financing
- Zoning, setbacks, and utilities provide multiple options for residential or low-intensity commercial development
- Location Advantage: Prominent corner visibility at Illinois Highway and Cedar Road with two street frontages
- Development Potential & Concept Plans: Preliminary concept drawings have been prepared showing a potential four-duplex (8-unit) configuration
- Collaborative Seller / JV or Build-to-Suit Opportunities: Seller is an established construction and development group open to joint ventures
- Excellent access for residential, office, or neighborhood commercial concepts, with nearby amenities and strong area growth supporting future value
Property Facts
Description
Discover the potential of the Central Will County submarket with the prime location of this ±0.877 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.
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