Will, US
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!
Courtesy Of: CRIS Realty
General Features
- List Date:
- 01/08/2026
Exterior Features and Amenities
- Lot Size Dimensions:
- 125X224X239X157X364X381
Financial
- Days On Market:
- 15
- Tax Annual Amount:
- $35,000.00
- Tax Year:
- 2024
Directions
Cedar to Laraway Road west to Nelson - Located on the Northwest corner of Laraway Road and Nelson.
The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of MRED LLC. Real Estate listings held by brokerage firms other than Hometown Real Estate are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is 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.
Data last updated: 2026-02-02.
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