1. Illinois
  2. New Lenox
  3. 1009 W Laraway Road
$1,600,000

1009 W Laraway Road, New Lenox, IL 60451

  • 21,800 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1992
  • Property Lot Size Icon1.89acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $73/sqft
  • Property List Date Icon Listed 1 year ago

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.

Listing Status:
Active
Listing Office:
CRIS Realty : 815-354-5632
Listing Agent:
Rosemarie Dudeck : 815-354-5632
MLS ID:
11973446
  • A/C: Central Air

This listing courtesy of Rosemarie Dudeck, CRIS Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  †
Get Prequalified »
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

N

Nelson Prairie Elementary School

2366 Nelson Rd, New Lenox, IL, 60451

Grades 1-3

0.52 miles away

A

Alex M. Martino Junior High School

731 E Joliet Hwy, New Lenox, IL, 60451

Grades 7-8

2.50 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.