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22250 Gougar Rd - 8+ Acres NW Corner of Laraway and Gougar 8.65 Acres of Commercial Land Offered at $1,450,000 in New Lenox, IL 60451
INVESTMENT HIGHLIGHTS
- The parcel has a permit in place for 1 full access and 2 right-in right-out road cuts.
PROPERTY FACTS
| Price | $1,450,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 8.65 AC |
| Property Type | Land | ||
| Zoning | C-3 - General Business District | ||
| Price | $1,450,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 8.65 AC |
| Zoning | C-3 - General Business District |
1 LOT AVAILABLE
Lot
| Price | $1,450,000 | Lot Size | 8.65 AC |
| Price Per AC | $167,630.06 |
| Price | $1,450,000 |
| Price Per AC | $167,630.06 |
| Lot Size | 8.65 AC |
The parcel is highly visible & accessible to New Lenox's major growth corridor. Within a 3-mile radius, 4,300+ homes are planned. Just to the north is the Cherry Hill Business Park & Lincoln Way West High School.
DESCRIPTION
The parcel currently is in Will County & contiguous to New Lenox. The Village's future land use plan designates the parcel as "Commercial/Regional" & the potential zoning to be consistent with the C-3 general business district. The parcel has a zoning advantage over the other corners of the intersection of Laraway and Gougar. The other corners are zoned and/or planned for lower intensive uses than the C-3 district. New Lenox's sewer and water are directly across the parcel on the east side of Gougar. The parcel has a permit in place for 1 full access and 2 right-in right-out road cuts. WDOT is stringent on road cuts & it is highly unlikely the other corners of the intersection will get a full access permit. Also, Laraway will soon be upgraded to a major regional road.
PROPERTY TAXES
| Parcel Number | 15-08-30-400-015 | Improvements Assessment | $0 |
| Land Assessment | $2,333 | Total Assessment | $2,333 |
PROPERTY TAXES
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22250 Gougar Rd - 8+ Acres NW Corner of Laraway and Gougar
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