New Lenox, IL 60451 1009 W Laraway Road
$1,250,000


Presented By: CRIS Realty
Home Details
BUILDING ONLY! Great investment for your Portfolio! What a time to purchase off of Laraway Rd. and invest in New Lenox while you can. 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 a well-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 maintaining the parking lot. There is an available lot to the north which the seller would like included in any offers presented. This would make a great addition to your investment. Thinking outside the box this would make a great area for Pickle Ball, Botchie Ball, Baseball Batting Cages, Tennis Courts, additional parking area for Bowling Alley, etc. This lot is being sold separably. The adjacent lot address is 1007 W. Nelson Rd. (MLS#12585451) With the additional lot this would provide extra income to the savvy investor. The bowling alley and lot "must" be written separately. The current lease of the Bowling Alley is made part of the sale of the building and parking lot. What a Diamond of a deal! With great investment for your Portfolio. Please note Listing office does not hold Earnest Money.
Presented By: CRIS Realty
General for 1009 W Laraway Road
Additional Parcels Y/NNo
Assoc Fee Paid PerNot Applicable
CityNew Lenox
Construction MaterialsBrick
CoolingCentral Air
CountyWill
Current UseCommercial
DirectionsCedar to Laraway Road west to Nelson - Located on the Northwest corner of Laraway Road and Nelson.
ElectricCircuit Breakers
Leasable Area
Lot Size Square Feet82328
MLS AreaNew Lenox
Net Operating Income109200
Number Of Units Total1
PossessionClosing
Property TypeCommercial Sale
Property TypeRetail/Stores
Standard StatusActive
StatusActive
Stories Count1
Tax Annual Amount35000
Tax Year2024
Tenant PaysAir Conditioning, Common Area Maintenance, Electricity, Heat, Janitorial Service, Repairs, Scavenger, Sewer, All Utilities
TownshipNew Lenox
UtilitiesElectric to Site, Natural Gas Available, Sewer Connected, Water Available
Year Built1992
ZoningCOMMR
Exterior for 1009 W Laraway Road
Building Area Total23140
Foundation DetailsConcrete Perimeter
Frontage TypeCity Street, County Road, Public Road, Signal Intersection, State Road, Paved
Lot Dimensions125X224X239X157X364X381
Water SourceMunicipal Water
Additional Details
Price History

SQFT • 23,140