$1,600,000
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1009 W Laraway Road New Lenox, IL 60451
Retail
Residence
Beds
Baths
21,800
Sq. Ft.
Property Activity
Time on Site
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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 sq...uare 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.
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MLS#
11973446
Property Type
Retail
Year Built
1992
Square Feet
21,800
sq. ft
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