Auction - Receiver Sale: ±1.5 AC Jewel-Osco Outparcel… — Sale in New Lenox, IL
- Price: Contact for price
- Listing type: For sale
- Asset type: Retail Property
- Location: New Lenox, IL 60451
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Description
Register to bid and access due diligence documents on RealINSIGHT Marketplace: https://rimarketplace.com/auction/2720 The site is an outparcel to the Shoppes at Heather Glen, a 54,373 SF multi-tenant retail center anchored by Jewel-Osco with a tenant base that includes Starbucks and Orangetheory. The parcel sits directly next to McDonald's along E Laraway Road, which carries approximately 11,300 vehicles per day, within a retail node that also includes Tractor Supply. Traffic and co-tenancy position the site for retail, restaurant, service, or medical users. The neighboring ±1.28-acre outparcel (Parcel 1) is offered in the same auction event, giving buyers the option to assemble a combined site of approximately 2.79 acres. New Lenox is a Will County suburb roughly 40 miles southwest of Downtown Chicago, home to Silver Cross Hospital, a 348-bed campus ranked among the county's three largest employers. The village is served by two Metra stations and by I-80 and I-355. Households report a $154,268 average income and $140,865 median income, versus $90,887 median for the Chicago MSA, and 92.4% of housing is owner-occupied. Investment Highlights: • Auction - November 17-19 | Starting Bid: $10,000 • Outparcel to Jewel-Osco-Anchored Center • Directly Adjacent to McDonald's on Laraway • 11,300 Average VPD Along E Laraway Road • Combinable With ±1.28-Acre Parcel • New Lenox Average Household Income $154,268 • 11.6% Population Growth From 2010 to 2020
Market Context
This retail in New Lenox, IL is listed for sale. Compare it against other retail listings for sale in New Lenox, IL — view the full market.
Contact the listing broker
This listing comes from the Marcus & Millichap website. CREhunt does not pass messages to the broker. Contact the broker directly.
- Mike Banwell · (954) 245-3397 · mike.banwell@marcusmillichap.com
- Steven Weinstock · (630) 570-2250
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- What is the current zoning, and does it allow my intended use?
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