$73.39 Per Sq Foot $8,589 est/mo Sourced by Back At You

1009 W Laraway Road,New Lenox, IL 60451

New Lenox IL, 60451

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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.

Details

MLS#11973446
Listing TypeFor Sale
StyleRetail
Sub-TypeResale
StatusActive
Year1992
Days On Site111
Listing Provided ByCRIS Realty | Rosemarie Dudeck

Features

SQ Feet21,800
Story(s)1
Units1
ZoningCOMMR

Market Activity 60451

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Learn More About This Property

StateIL
CountyWill
CityNew Lenox
Zip Code60451
AreaNew Lenox
Listing VS Median (in 60451)
Price:
$1,600,000
low | high
Med:
$465,000
100% of Average
SqFt:
21,800
low | high
Med:
4,344
100% of Average
$ / SqFt:
$73
low | high
Med:
$107
4.152279005524% of Average
On Site:
111
low | high
Med:
41
100% of Average
Sourced by Back At You
Listing Updated: May 21, 2024 at 7:29:25 PM PDT