278-280 E Lincoln Highway New Lenox, IL
$ 2,500,000
Property Attributes
  • MLS#10988151
  • TypeCommercial
  • CountyWILL
  • CityNew Lenox
  • AreaNew Lenox
  • NeighborhoodSteele
  • Zip60451
  • StyleCommercial
  • Year Built2001
  • Taxes$ 33044
  • Price$ 2,500,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage15075
  • Lot Size1.68 Acres
Listing Provided Courtesy Of:
Keller Williams Preferred Rlty
Data Source:
Midwest Real Estate Data (MRED) - 103 - IL
Property Description

First time on the market for this newly renovated strip mall located in the center of New Lenox. This great location is right across from the Metra commuter station and close to the 355 and I-80 interchange. The strip center is 15,075 square feet and there are two buildings and two addresses for the property 278 and 280. Currently there is 920 to 5825 square ft to lease now. The typical flooring is 920 square feet but the units can be combined. There is a potential for the end unit to have a drive through and the middle unit has overhead doors in the rear, One unit was used for automotive and two units were used for a restaurant. The owner may assist with new build outs with an acceptable lease. List agent is related to owner

Price History
2/5/2021 Listed $2,500,000

General Features

Additional Parcels Y/N No
City New Lenox
Construction Materials Block
Cooling Central Air, Central Individual
County Will
Current Use Commercial
Days on Market 302
Directions I-80 to Lincoln Hwy east 1.5 blocks west of Cedar road There are two addresses for the property it is 278 and 280
Electric Service - 201 to 600 Amps, Three Phase
Leasable Area 5825
Lease Type Net
Lot Size Square Feet 73200
MLS Area New Lenox
Property Type Commercial Sale
Property Type Retail/Stores
Standard Status Active
Status Active
Stories 1
Street Name Lincoln
Tax Annual Amount 33044
Tax Year 2020
Tenant Pays Air Conditioning, Common Area Maintenance, Electricity, Heat, Janitorial Service, Taxes, Insurance, Repairs, Scavenger, Sewer, Varies by Tenant
Total Units 9
Township New Lenox
Year Built 2001
Zoning COMMR

Interior Features

Street Suffix Highway

Exterior Features

Building Area Total 15075
Frontage Type City Street
Lot Dimensions 200X379X149
Total Parking 100


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 60451

AVG $300K
AVG $18,368
AVG 106
Year Built
AVG 1989
AVG 42
Data Provided by Walkscore ® not using MLS data

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