Address
1009 W Laraway Road, New Lenox, IL
Price
$ 1,600,000
Property Attributes
- MLS#11973446
- TypeCommercial
- CountyWILL
- CityNew Lenox
- AreaNew Lenox
- Zip60451
- StyleCommercial
- Year Built1992
- Taxes$ 37033
- Price$ 1,600,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage21800
- Lot Size1.88999 Acres
Data Source:
Midwest Real Estate Data (MRED)
Property 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.
| Price History | |
|---|---|
| 2/6/2024 | Listed $1,600,000 |
General Features
| Cooling | Central Air |
|---|---|
| Utilities | Electric to Site,Gas to Site,Sanitary Sewer,Water-Municipal,Water to Site |
| 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 |
| Stories | 1 |
| Township | New Lenox |
| Tax Year | 2022 |
| Current Use | Commercial |
| County | Will |
| Net Operating Income | 109200 |
| Property Type | Commercial Sale |
| Status | Active |
| Directions | Cedar to Laraway Road west to Nelson - Located on the Northwest corner of Laraway Road and Nelson. |
| City | New Lenox |
| Total Units | 1 |
| MLS Area | New Lenox |
| Lot Size Square Feet | 82328 |
| Street Name | Laraway |
| Tax Annual Amount | 37033 |
| Additional Parcels Y/N | No |
| Days on Market | 47 |
| Standard Status | Active |
| Property Type | Retail/Stores |
Interior Features
| Street Suffix | Road |
|---|
Exterior Features
| Foundation Details | Concrete Perimeter |
|---|---|
| Building Area Total | 21800 |
| Lot Dimensions | 125X224X239X157X364X381 |
| Frontage Type | City Street,County Road,Public Road,Signal Intersection,State Road,Paved |
| Exterior | Brick |
Amenities
- 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
Price
Taxes
Visits
Year Built
Midwest Real Estate Data (MRED) All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Multiple Listing Service. Real estate listings held by brokerage firms other than NextHome Select Realty may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. Copyright ©2024 All rights reserved.Based on information submitted to the MLS GRID as of May 23, 2024 12:49 PM UTC All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice.
Data is updated as of May 23, 2024 12:49 PM UTC
