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- LoopNet Team
E Illinois Hwy
New Lenox, IL 60451
Land For Sale
·
23.00 AC
INVESTMENT HIGHLIGHTS
- Prime 23 acre development site
- Conceptual plans for 47 single family homes, 69 townhomes and 84 courtyard homes
- Potential uses include residential, office/warehouse and/or institutional
PROPERTY FACTS
| Property Type | Land | Total Lot Size | 23.00 AC |
| Property Subtype | Commercial | Cross Streets | Spencer Rd |
| Zoning | Unincorporated | ||
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 23.00 AC |
| Cross Streets | Spencer Rd |
| Zoning | Unincorporated |
DESCRIPTION
A 23.01-acre residential development site is available for sale. The site is located in unincorporated Will County with a New Lenox mailing address, just off the corner of Illinois Highway and Spencer Road. Depending on the proposed development, the Village of New Lenox would be open to annexation. This development site is in a prime location, adjacent to Lincolnway Christian Church and in close proximity to schools and the vibrant business community. New Lenox is a rapidly growing community located in the southwestern suburbs of Chicago in Will County. Approximately 33,300 people live within a three-mile radius of the subject property with nearly 1,400 businesses in the area, a substantial customer base for any company.
