Description for
1009 W Laraway RoadNew Lenox, IL 60451
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.
Price
$1,600,000
Will
21,800 (approx)
11973446
Active
Description
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.
Listing Information
Property Type: Retail, Business Opportunities, 1 Story
1.88 Acres
21,800 (approx)
1992
1
Brick
New Lenox//
Concrete Perimeter
Public
1 Total
Commercial
Neighborhood
Room Information
Interior Features
Central Air
Exterior / Lot Features
Brick
125X224X239X157X364X381
COMMR
Driving Directions
Cedar to Laraway Road west to Nelson - Located on the Northwest corner of Laraway Road and Nelson.
Financial Considerations
1508294050560000
$37,033
Listing Price History
New Lenox Real Estate
New Lenox is located in Illinois.
New Lenox, Illinois 60451 has a population of 26,536.
The median household income in New Lenox, Illinois 60451 is
$108,817.
The median household income for the surrounding county is $88,241
compared to the national median of $66,222.
The median age of people living in New Lenox 60451 is 38 years.
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Courtesy: CRIS Realty
Listings courtesy of MRED as distributed by MLS GRID
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