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$1,250,000
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Property Description
BUILDING ONLY! Great investment for your Portfolio! What a time to purchase off of Laraway Rd. and invest in New Lenox while you can. 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 a well-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 maintaining the parking lot. There is an available lot to the north which the seller would like included in any offers presented. This would make a great addition to your investment. Thinking outside the box this would make a great area for Pickle Ball, Botchie Ball, Baseball Batting Cages, Tennis Courts, additional parking area for Bowling Alley, etc. This lot is being sold separably. The adjacent lot address is 1007 W. Nelson Rd. (MLS#12585451) With the additional lot this would provide extra income to the savvy investor. The bowling alley and lot "must" be written separately. The current lease of the Bowling Alley is made part of the sale of the building and parking lot. What a Diamond of a deal! With great investment for your Portfolio. Please note Listing office does not hold Earnest Money.
Full Property Details
Full Property Details for 1009 W Laraway Rd
General
- Price: $1,250,000
- Taxes: $35,000 (2024)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12543774
- Updated: 3/31/2026
- Added to Site: 86 day(s) ago
Interior
- Interior Features: Public Restroom(s)
Additional Information
- Security/Safety: Hydrants on Site
Location
- Area: New Lenox
- County: Will
- Township: New Lenox
- Driving Directions: Cedar to Laraway Road west to Nelson - Located on the Northwest corner of Laraway Road and Nelson.
- Location Details: Corner
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Ceiling Units
Utilities
- Water: Municipal Water
- Onsite: Electricity to Site, Natural Gas Available, Sewer Connected, Water Available
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Foundation: Concrete Perimeter
- Stories/Levels: 1
- Square Feet: 23,140
- Current Bldg. Use: Commercial
- Year Built: 1992
Unit Information
- # Tenants: 1
Lot Features
- Lot Size (Sq. Ft.): 82,328
- Lot Dimensions: 125 x 224 x 239 x 157 x 364 x 381
- Frontage: City Street, County Road, Public Road, Signal Intersection, State Road, Paved
- Zoning: COMMR
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Security Deposit: Hydrants On Site
- Assessment Year: 1992
- Tax Amount: $35,000
- Tax Year: 2024
- Tenant Pays: Air Conditioning, Common Area Maintenance, Electricity, Heat, Janitorial Service, Repairs, Scavenger, Sewer, All Utilities
Disclosures and Reports
- Documents Avail.: Leases
- Property ID: 1508294050560000
Listed by CRIS Realty
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Schools
Schools serving 1009 W Laraway Rd
School Districts:New Lenox School District 122, Lincoln Way Community High School District 210
| Name | Grades | Distance |
|---|---|---|
Nelson Prairie School 2366 Nelson Road, New Lenox, IL 60451 | 1-3 | 0.5 mi |
Nelson Ridge School 2470 Nelson Road, New Lenox, IL 60451 | 4-6 | 0.6 mi |
Spencer Trail 1701 South Spencer Road, New Lenox, IL 60451 | K- | 2.3 mi |
Liberty Junior High School, New Lenox, IL 151 Lenox Street, New Lenox, IL 60451 | 7-8 | 3.7 mi |
Lincoln Way West 21701 S Gougar Rd, New Lenox, IL 60451 | 9-12 | 1.1 mi |
Cherry Hill Elementary And Ec Center 205 Kingston Drive, New Lenox, IL 60451 | PK- | 3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1009 W Laraway Rd
Date
Details
Price
Change
Source
1/08/2026
Listed
$1,250,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1009 W Laraway Rd
Year
Property Taxes
Change
Tax Assessment
Change
2024
$35,000
-6%
$431,291
—
2023
$37,100
—
$431,291
1%
2022
$37,033
-2%
$427,996
—
2020
$37,873
1%
$427,996
—
2019
$37,480
-1%
$427,996
—
2018
$37,862
2%
$426,381
—
2017
$37,111
—
$426,381
—
2016
$37,083
-2%
$426,381
—
2015
$37,771
—
$426,381
—
2014
$37,648
2%
$426,381
—
2013
$36,927
7%
$426,381
—
2012
$34,426
—
$426,381
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1009 W Laraway Rd
1009 W Laraway Road, New Lenox, IL 60451 (MLS# 12543774) is a Commercial property. 1009 W Laraway Road is currently listed for $1,250,000 and was received on January 08, 2026. Want to learn more about 1009 W Laraway Road? Do you have questions about finding other Commercial real estate for sale in New Lenox? You can browse all New Lenox real estate or contact a Coldwell Banker agent to request more information.

