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18.76 ACRES @ I-80/Rt30 Exit : WILL COUNTY 1500 W Lincoln Hwy 84,180 SF Retail Building New Lenox, IL 60451 $12,500,000 ($148.49/SF)



Investment Highlights
- UTILITIES ARE AT THE PROPERTY
- EXISTING BUILDING TO BE REMOVED
- HIGH VISIBILITY
Executive Summary
18.76 ACRES FOR REDEVELOPMENT in WILL COUNTY... at the Stoplight Corner of I80&Rt30 EXIT with frontage on LINCOLN HIGHWAY & I80:-)... Gas, Water, Electric, Sewer are all at the property... Current zoning is C3. A Few of the permitted uses are:Stadiums, Auditoriums and arenas (perfect for an indoor Sports Health Training Facility, volleyball/baseball/soccer/track/etc...). Also Hotel, Mixed-Use, Retail Department store, Grocery Store, Recreation area, Auto Sales, Boat or RV Dealer, Medical services, Job Training Center .... Call for a list of Permitted C3 uses. Traffic count on I80 is 75,000... Existing Building to be REMOVED... 1500 W LINCOLN HIGHWAY..... A PRIME LOCATION:-).... If you want to keep the building for rehab, call your agent asap.... Possible PUD:-)
Financial Summary (Actual - 2024) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
Financial Summary (Actual - 2024) Click Here to Access
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
84,180 SF
Building Class
C
Year Built
1977
Price
$12,500,000
Price Per SF
$148.49
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
18.76 AC
Zoning
C-3 - COMMERCIAL BUSINESS DISTRICT
Frontage
933’ on Lincoln Hwy
Amenities
- Corner Lot
- Freeway Visibility
- Signage
Somewhat walkable
30/100
Exceptionally drivable
100/100
Minimal public transit
10/100
Somewhat bikeable
30/100
Nearby Major Retailers
1 of 9
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18.76 ACRES @ I-80/Rt30 Exit : WILL COUNTY | 1500 W Lincoln Hwy
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