278-280 E Lincoln Highway

New Lenox, IL
$ 2,500,000 Beds 0 Baths 0 Sq 15,075
Monthly Estimate* How much can I afford?

First time on the market for this newly renovated strip mall located in the center of New Lenox. This great location is right across from the Metra commuter station and close to the 355 and I-80 interchange. The strip center is 15,075 square feet and there are two buildings and two addresses for the property 278 and 280. Currently there is 920 to 5825 square ft to lease now. The typical flooring is 920 square feet but the units can be combined. There is a potential for the end unit to have a drive through and the middle unit has overhead doors in the rear, One unit was used for automotive and two units were used for a restaurant. The owner may assist with new build outs with an acceptable lease. List agent is related to owner

Commercial

  • Price
  • $ 2,500,000
  • Lot Size
  • 1.68 Acres
  • Bedrooms
  • 0
  • Sqr Footage
  • 15,075
  • Full Bathrooms
  • 0
  • Year Built
  • 2001
  • Half Bathrooms
  • 0
  • City, Zip
  • New Lenox
  • Taxes
  • $ 33044
  • County
  • WILL
  • Style
  • Commercial
  • Area
  • New Lenox
  • MLS#
  • 10988151
  • Zip
  • 60451
Listing Provided by: Keller Williams Preferred Rlty
Data Source: Midwest Real Estate Data (MRED) - 103 - IL

Features

General

Additional Parcels Y/N No
City New Lenox
Construction Materials Block
Cooling Central Air, Central Individual
County Will
Current Use Commercial
Days on Market 302
Directions I-80 to Lincoln Hwy east 1.5 blocks west of Cedar road There are two addresses for the property it is 278 and 280
Electric Service - 201 to 600 Amps, Three Phase
Leasable Area 5825
Lease Type Net
Lot Size Square Feet 73200
MLS Area New Lenox
Property Type Commercial Sale
Property Type Retail/Stores
Standard Status Active
Status Active
Stories 1
Street Name Lincoln
Tax Annual Amount 33044
Tax Year 2020
Tenant Pays Air Conditioning, Common Area Maintenance, Electricity, Heat, Janitorial Service, Taxes, Insurance, Repairs, Scavenger, Sewer, Varies by Tenant
Total Units 9
Township New Lenox
Year Built 2001
Zoning COMMR

Interior Features

Street Suffix Highway

Exterior Features

Building Area Total 15075
Frontage Type City Street
Lot Dimensions 200X379X149
Total Parking 100

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

Affordability Calculator

$2,869

Per Month

Based on the average sale price from the Naperville, IL office

  • Monthly Principal & interest $1,740
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 2.99% 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.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

2/5/2021 Listed $2,500,000

Property vs Zip Code Average in 60451

Price
AVG $300K
$2.5M
Taxes
AVG $18,368
$33,044
Visits
AVG 105
161
Year Built
AVG 1989
2001
Walkscore
AVG 42
49
Data Provided by Walkscore ® not using MLS data

Map

278-280 E Lincoln Highway New Lenox, IL is a Single Family Home for sale at $2500000 with 15075 sqft and a lot size of 1.68 Acres Acre(s). 278-280 E Lincoln Highway New Lenox has 0 bedrooms, 0 baths and was built in 2001. The property's zip code is 60451 which is in New Lenox, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 2.99% 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.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.