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1301 N Cedar Rd - R-2 Zoned Acreage 1.76 Acres of Commercial Land Offered at $495,000 in New Lenox, IL 60451

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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.

PROPERTY FACTS

Price $495,000
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 $495,000
Price Per AC $280,691.81
Lot Size 1.76 AC

1.768 Acres on Southwest Corner Francis Rd and Cedar Rd

  • Listing ID: 38286120

  • Date on Market: 10/31/2025

  • Last Updated:

  • Address: 1301 N Cedar Rd, New Lenox, IL 60451

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