1009 W Laraway Road New Lenox, IL $ 1,600,000
1009 W Laraway Road
$ 1,600,000
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1009 W Laraway Road

New Lenox, IL, 60451
$ 1,600,000
Baths0.0 Sq 21,800

Monthly Estimate*

$ 11,176

1009 W Laraway Road, New Lenox, IL 60451 - Image 1
1009 W Laraway Road, New Lenox, IL 60451 - Image 2
1009 W Laraway Road, New Lenox, IL 60451 - Image 3
1009 W Laraway Road, New Lenox, IL 60451 - Image 4
Studio

Commercial Property for sale in New Lenox, IL

for $1,600,000. This 21,800 square foot building was built in 1992 on a lot size of 1.88999.

BUILDING ONLY - Great time to purchase off of Laraway Rd. which is currently becoming a 4-lane highway adjacent to a fully leased strip center with a new restaurant going into. For any investor looking for a well-established tenant this is it. Rebuilding cost would be about $4.6 million at $200 a square foot. Making this a great buy! This building includes a parking for 50 vehicles currently is used as a Bowling Alley. Highly visible with a high traffic count of 11,800 vehicles daily. The seller pays for the exterior of the building and the tenant is responsible for everything else including the parking lot. Seller would like this to be sold as a package with an additional the adjacent lot 1007 W. Nelson Rd. See (MLS#11993097) lot is adjacent to the building on the north side and is listed for $300,000. Total package for the building and the additional lot is $1,900,000. Current lease of the Bowling Alley is made part of the sale of the building. This family estate is ready to let go of this Diamond of a deal! Great addition to your portfolio! Listing office does not hold Earnest Money.

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Commercial Active

Price

$ 1,600,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 37,033

Style

Commercial

Lot Size

1.88999

Year Built

1992

Town/City

New Lenox

County/Region

Will

MLS | Web ID

11973446

Features
General
Cooling Central Air
Utilities Electric to Site Gas to Site Sanitary Sewer Water-Municipal Water to Site
Possession Closing
Zoning COMMR
Construction Materials Brick
Year Built 1992
Electric Circuit Breakers
Tenant Pays Air Conditioning Common Area Maintenance Electricity Heat Janitorial Service Repairs Scavenger Sewer
Stories 1
Township New Lenox
Tax Year 2022
Current Use Commercial
County Will
Net Operating Income 109200
Property Type Commercial Sale Retail/Stores
Status Active
Directions Cedar to Laraway Road west to Nelson - Located on the Northwest corner of Laraway Road and Nelson.
City New Lenox
Total Units 1
MLS Area New Lenox
Lot Size Square Feet 82328
Street Name Laraway
Tax Annual Amount 37033
Additional Parcels Y/N N
Leasable Area 0
Days on Market 47
Standard Status Active
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Exterior
Foundation Details Concrete Perimeter
Building Area Total 21800
Lot Dimensions 125X224X239X157X364X381
Frontage Type City Street County Road Public Road Signal Intersection State Road Paved
Exterior Brick
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Interior
Street Suffix Road
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* Excluded Features
List By
Cris Realty

Broker

rdudeck@msn.com

Email

Affordability Calculator

$14,263
Per Month
78%
22%
0%
Monthly Principal & Interest
$11,176
Monthly Property Taxes
$3,086
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/6/2024$1,600,000 Listed Price

Map


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1009 W Laraway Road, New Lenox, IL, 60451 is a Commercial Property for sale at $1,600,000 with 21,800 sqft and a lot size of 1.88999. 1009 W Laraway Road is a studio with 0.0 baths and was built in 1992. The property's zip code is 60451 which is in New Lenox, IL