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20051870

41.553037, -87.972814, New Lenox, IL 60451

EP
IL 475.191449
Storebuild LLC
Storebuild LLC
Listed by Storebuild LLC
Unpriced
635 days on market
Updated 38 days ago

156 Acres NWC US Route 6 & Cedar Road - Divisible

Details
Property Type Land
Sub Type Commercial, Residential
Acreage 20 - 156
Zoning C-7, R-1, and R-2

Tracy Cross Study Shows Multiple Housing Types Needed

Marketing description

Build Holding Co, LLC, has assembled 156-acres of buildable land at the intersection of Interstate 355 and US Route 6 in the Chicagoland suburb of New Lenox. Situated just 2-miles from I-80 and with immediate access to I-355, we are offering these parcels for immediate acquisition.

Development Potential - There are numerous different types of development that this land has to offer. From single-family build to rent, townhomes, or multifamily apartments to an outlet center with restaurants and mixed-use, the development plans are limitless.

Location - Prime accessibility and proximity to I355 that ensures easy access and great visibility for both commuters and businesses, attracting potential tenants, retailers, and consumers. Silver Cross Hospital located less than a mile from the site sees over one million visitors annually. Located 2 miles from I-80 and immediate access to I-355.

Growing Market Demand - Suburbs around Chicago are experiencing population growth as more people seek to live outside of the city, increasing the demand for residential, commercial, and retail development.

Silver Cross Hospital – Located just across the street, Silver Cross has grown to a 650,000-square-foot, 348-bed facility on a 130-acre campus. The hospital boasts 348 beds and sees approximately 2.2 million visitors annually.

Crossroads Sports Complex - Just across the street, New Lenox began construction on their new 105-acre sports complex in Spring of 2024. Expected to be completed in 2025, this complex is estimated to see over 600,000 visitors annually.

Investment highlights

  • 156 acres located at the NE corner of the intersection of Highway 355 and Us Route 6 in the Village of New Lenox, Will County, IL. Land boasts significant I-355 frontage and unparalleled access.

  • Across the street from Crossroads Sports Complex, the outdoor facilities will include 22 youth baseball diamonds, 9 full-size baseball diamonds, and11 soccer/multiuse fields. 600k Annual Visitors Expected

  • With a recent major expansion and surgery center addition, Silver Cross Hospital campus sees approximately 2.2 Million visitors annually.

  • The site is Zoned C-7, R-1, and R-2 and allows for a mix of uses under the Silver Cross Zoning District including Residential, Medical Wellness, Retail, Service, Entertainment, Recreation, Public, & Civic

Listing Contacts

EP
IL 475.191449
Storebuild LLC
Storebuild LLC
Listed by Storebuild LLC

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Additional Information

Name
Evan Pomerance
License
475.191449
Brokerage Phone
5025500766
Name
Ryan Murphy
License
0000
Brokerage Address
2001 Butterfield Road
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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