1500 W Lincoln Highway New Lenox, IL ^$ 12,500,000

1500 W Lincoln Highway

^$ 12,500,000

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1500 W Lincoln Highway

New Lenox, IL, 60451

^$ 12,500,000

Bedrooms-- Baths-- Sq 84,180

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Property for Rent in New Lenox, IL

for $12,500,000. This 84,180 square foot property was built in 1977 on a lot size of 18.76.

18.76 ACRES FOR REDEVELOPMENT in WILL COUNTY... at the I80/Rt30 EXIT with frontage on LINCOLN HIGHWAY:-)... Gas, Water, Electric, Sewer are all at the property... Current zoning is C3. A Few of the permitted uses are: Hotel, Mixed-Use, Retail Department store, Grocery Store, Recreation area, Auto Sales, Boat or RV Dealer, Medical services, Job Training Center .... Call for a list of Permitted C3 uses. If you want to build HIGHER, the Current allowed maximum building height is 40'. Traffic count on I80 is 75,000... Existing Building to be REMOVED/84,000sf Kmart... 1500 W LINCOLN HIGHWAY..... A PRIME LOCATION:-).... If you want to keep the building for rehab, call your agent asap....

Rental Active

Price

^$ 12,500,000

Taxes

^$ 58,250

Style

Commercial

Lot Size

18.76

Year Built

1977

Town/City

New Lenox

County/Region

Will

MLS | Web ID

12383597

Features

General

Cooling Zoned

Utilities Electricity Available Natural Gas Available Sewer Connected

Possession Closing

Zoning COMMR

Construction Materials Block Brick

Year Built 1977

Electric Circuit Breakers Service - 201 to 600 Amps Power - 480V

Tenant Pays Air Conditioning Common Area Maintenance Electricity Heat Janitorial Service Taxes Insurance Scavenger Sewer Varies by Tenant

Stories Count 1

Township New Lenox

Property Subtype Retail

Tax Year 2024

Current Use Commercial

County Will

Net Operating Income 0

Property Type Commercial Lease Retail/Stores

Status Active

Directions I80 to the New Lenox Exit then west/left to the 1st (or 2nd) road turn into the parking lot....

City New Lenox

Number Of Units Total 1

MLS Area New Lenox

Lot Size Square Feet 817185

Tax Annual Amount 58250.92

Leasable Area 84180

Lease Type Net

Standard Status Active

Exterior

Water Source Community Water

Foundation Details Concrete Perimeter

Lot Dimensions 835X1171X641X348X505X453

Frontage Type US Highway

* Excluded Features

List By

Coldwell Banker Realty

Broker

georgio@cbexchange.com

Nearby

Trends
Schools

About New Lenox, IL

25,837 Population

38% Since 2002

^$95,531 Median Income

38.97 Median Age

38% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

565567 Elementary School

567955 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
10/8/2025	$0	-100.00%	Price Down
6/4/2025	$70,098		Listed Price

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1500 W Lincoln Highway, New Lenox, IL, 60451 is a Property for Rent at $12,500,000 with 84,180 sqft and a lot size of 18.76. 1500 W Lincoln Highway was built in 1977. The property's zip code is 60451 which is in New Lenox, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% 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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Data is updated as of 12/28/2025.

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1500 W Lincoln Highway

Property for Rent in New Lenox, IL

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