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14620 W Laraway Rd - 151 AC Laraway Road Farm

151 Acres of Agricultural Land Offered at £7,384,372 in New Lenox, IL 60451

Investment Highlights

  • Easy access to highways and lots of shopping nearby.
  • Excellent New Lenox School District.
  • Property has potential for mixed use type development or multi-family.

Property Facts

Price £7,384,372
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Agricultural
Total Lot Size 151.00 AC

1 Lot Available

Lot

Price £7,384,372
Price Per AC £48,903
Lot Size 151.00 AC

This land is relatively flat with a PI Index of 124.7. There are several acres considered to be in the flood plain that runs along the north border of the property. There is a line of trees separating the neighboring field and neighborhood.

Description

151 Acres in New Lenox, one of the fastest growing Southwest suburbs of Chicago. Excellent New Lenox grade schools and Lincoln-way high school. Both considered some of the best in the state. Frontage on Laraway road, just west of Cedar. Zoned agriculture, but comprehensive plan calls for mixed use residential allowing for higher density. Two Metra stations, Laraway road station is just half a mile east. The main station is at Cedar and Rt. 30 in New Lenox, about 2.6 miles north. Easy access to I-80, I-55, I-355 and I-57. Excellent shopping district along Rt. 30.

zoning

Zoning Code A-1
A-1
  • Listing ID: 26759614

  • Date on Market: 02/10/2022

  • Last Updated:

  • Address: 14620 W Laraway Rd, New Lenox, IL 60451

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