14620 Laraway RdNew Lenox, IL 60451

Property Details for 14620 Laraway Rd

Lot size

151.00 AC

Property type

Agricultural properties

Property subtype

Other land

Description

This exceptional 151-acre property in New Lenox, Illinois, presents a unique investment opportunity. Currently zoned for agriculture, the land boasts significant future development potential, as indicated by the comprehensive plan allowing for mixed-use residential development at higher densities. Located on Laraway Road, just west of Cedar Road, this expansive parcel offers excellent access to major transportation arteries, including I-80, I-55, I-355, and I-57. The property's proximity to two Metra stations (one just half a mile east on Laraway Road, and another approximately 2.6 miles north at Cedar and Route 30) provides convenient commuter access to Chicago. The area also benefits from highly-rated New Lenox grade schools and Lincoln-Way High School, and a thriving shopping district along Route 30. The property's APN is 15-08-28-300-003-0000 and 15-08-28-400-001-0000. The asking price is $9,437,500, representing a land value of $62,500 per square foot. This presents a rare chance to acquire a substantial land holding in one of the fastest-growing suburbs of Chicago, offering both immediate agricultural use and significant long-term development upside.

Location Insight

City

New Lenox

County

Will

State

Illinois

Latitude

41.4829

Longitude

-87.9782

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].