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1009 W Laraway Road

New Lenox, IL 60451
  • $1,250,000
  • STATUS: Active
  • ON SITE: 36 Days
  • MLS #: 12543774
UPDATED: 45 min ago
$1,250,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1992
County:
Area:

School Ratings & Info

Description

BUILDING ONLY - Great investment for your Portfolio! What a time to purchase off of Laraway Rd. and invest in New Lenox! 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 an 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 the parking lot. Seller has requested the bowling alley be sold as a package with an additional adjacent lot at 1007 W. Nelson Rd. See (MLS#12279959) The lot is directly adjacent to the building on the north side and is listed for $300,000. With the additional lot this would provide extra parking spaces which are included on the east side of the lot and strip center. The building and lot must be written separately Total package for the building, and the additional lot is only $1,550,000. The 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! Please note Listing office does not hold Earnest Money. Great addition to your Portfolio!

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© 2026 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively 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. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or @properties. Based on information submitted to the MRED as of 2026-02-14T05:33:28.38 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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1009 W Laraway Road New Lenox, IL 60451

  • Price: $1,250,000
  • Status: Active
  • On Site: 36 Days
  • Updated: 45 min ago
  • MLS #: 12543774
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1992
Built
Neighborhood:
Will
County:
Will
Area:
Will
Property Description
BUILDING ONLY - Great investment for your Portfolio! What a time to purchase off of Laraway Rd. and invest in New Lenox! 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 an 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 the parking lot. Seller has requested the bowling alley be sold as a package with an additional adjacent lot at 1007 W. Nelson Rd. See (MLS#12279959) The lot is directly adjacent to the building on the north side and is listed for $300,000. With the additional lot this would provide extra parking spaces which are included on the east side of the lot and strip center. The building and lot must be written separately Total package for the building, and the additional lot is only $1,550,000. The 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! Please note Listing office does not hold Earnest Money. Great addition to your Portfolio!
Exterior Features

Foundation Details Concrete Perimeter Frontage Type City StreetCounty RoadPublic RoadSignal IntersectionState RoadPaved Outdoor Parking 31-50 SpacesLightedParking On-Site

Interior Features

Cooling Central Air Heat Ventilation Ceiling Units Miscellaneous Inside Public Restroom/s Number Of TLDocks 0

Property Features

Additional Parcels YN No Association Fee Frequency Not Applicable Building Area Total 21800 Current Use Commercial Electric Circuit Breakers Fire Protection Hydrants On Site Leasable Area 0 Location Corner Mls Actual Status Active Net Operating Income 109200 Number Of Tenants 1 Property Offered For Sale Only Tax Annual Amount 35000 Tax Year 2024 Tenant Pays Air ConditioningCommon Area MaintenanceElectricityHeatJanitorial ServiceRepairsScavengerSewerAll Utilities Township New Lenox Type Retail/Stores Utilities Electric to SiteNatural Gas AvailableSewer ConnectedWater Available Water Source Municipal Water Zoning COMMR

Listing information © 2026 Midwest Real Estate Data LLC.
Listing provided courtesy of CRIS Realty: 815-485-5050.


© 2026 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively 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. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or @properties. Based on information submitted to the MRED as of 2026-02-14T05:33:28.38 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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