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100-196 W Illinois Hwy
New Lenox, IL 60451
Cedar Center · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • 93% Occupied, 22,370-Square-Foot, Daily Needs Retail Center with Strong Neighborhood Draw
  • Excellent Historical Occupancy: 65% of the leased tenancy has been occupied by the same tenant for 8 years or more
  • Affluent Demographics: Average household incomes within a 3-mile radius of subject property are in excess of $124,000
  • Balanced mixed of internet-resistant tenants including food, service-based, medical, and traditional goods based retailers
  • Signalized, Hard Corner Intersection Location: The subject property benefits from multiple access points and a signalized intersection from West IL
  • Chicago is the 3rd Largest MSA in the United States

PROPERTY FACTS

Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
22,370 SF
Building Class
B
Year Built
2007
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.13
Lot Size
3.86 AC
Zoning
C-1 - Neighborhood Shopping District
Parking
130 Spaces (5.81 Spaces per 1,000 SF Leased)
Frontage
232’ on Cedar Rd

AMENITIES

  • Pylon Sign
  • Signage
  • Signalized Intersection

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
15-08-28-200-010
Land Assessment
$168,147
Improvements Assessment
$433,117
Total Assessment
$601,264
  • Listing ID: 24436005

  • Date on Market: 11/5/2021

  • Last Updated:

  • Address: 100-196 W Illinois Hwy, New Lenox, IL 60451

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