1009 W Laraway Road New Lenox, IL $ 1,250,000
1009 W Laraway Road
$ 1,250,000
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1009 W Laraway Road

New Lenox, IL, 60451
$ 1,250,000
Bedrooms-- Baths-- Sq 21,800

Monthly Estimate*

$ 7,696

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

Commercial Property for sale in New Lenox, IL

for $1,250,000. This 21,800 square foot building was built in 1992 on a lot size of 1.88999.

BUILDING ONLY - Great investment for your Portfolio! What a time to purchase off of Laraway Rd. and invest in New Lenox! This free-standing building is adjacent to a fully leased strip center, Great investment for a shrewd investor who is for looking for a well-established tenant, this is it. To build this the cost would be about $4.6 million at $200 a square foot. Making this such a great buy! This building includes a parking for approximately 50 vehicles with the current use as an established Bowling Alley. Highly visible off a 4-lane highway with a high traffic count and is located in a fast-growing area of New Lenox. The seller pays for the exterior of the building, and the tenant is responsible for everything else including the parking lot. Seller has requested the bowling alley be sold as a package with an additional adjacent lot at 1007 W. Nelson Rd. See (MLS#12279959) The lot is directly adjacent to the building on the north side and is listed for $300,000. With the additional lot this would provide extra parking spaces which are included on the east side of the lot and strip center. The building and lot must be written separately Total package for the building, and the additional lot is only $1,550,000. The 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! Please note Listing office does not hold Earnest Money. Great addition to your Portfolio!

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Commercial Active

Price

$ 1,250,000

Property Type

Commercial

Taxes

$ 35,000

Style

Commercial

Lot Size

1.88999

Year Built

1992

Town/City

New Lenox

County/Region

Will

MLS | Web ID

12543774

Features
General
Cooling Central Air
Utilities Electric to Site Natural Gas Available Sewer Connected Water Available
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 All Utilities
Stories Count 1
Township New Lenox
Tax Year 2024
Current Use Commercial
Assoc Fee Paid Per Not Applicable
County Will
Net Operating Income 109200
Property Type Commercial Sale Retail/Stores
Status New
Directions Cedar to Laraway Road west to Nelson - Located on the Northwest corner of Laraway Road and Nelson.
City New Lenox
Number Of Units Total 1
MLS Area New Lenox
Lot Size Square Feet 82328
Tax Annual Amount 35000
Additional Parcels Y/N N
Leasable Area 0
Standard Status Active
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Exterior
Water Source Municipal Water
Foundation Details Concrete Perimeter
Building Area Total 21800
Lot Dimensions 125X224X239X157X364X381
Frontage Type City Street County Road Public Road Signal Intersection State Road Paved
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* Excluded Features
List By
Cris Realty

Broker

rdudeck@msn.com

Email

Affordability Calculator

$10,613
Per Month
73%
27%
0%
Monthly Principal & Interest
$7,696
Monthly Property Taxes
$2,917
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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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Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/9/2026$1,250,000 Listed Price

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1009 W Laraway Road, New Lenox, IL, 60451 is a Commercial Property for sale at $1,250,000 with 21,800 sqft and a lot size of 1.88999. 1009 W Laraway Road was built in 1992. The property's zip code is 60451 which is in New Lenox, IL