This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/1
12619 Old Plank Drive, New Lenox, IL 60451
$1,200,000
12619 Old Plank Drive, New Lenox, IL 60451View this property at 12619 Old Plank Drive, New Lenox, IL 60451
12619 Old Plank DriveNew LenoxIL60451
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/1
Property Description
Introducing a fantastic investment opportunity in the heart of New Lenox, Illinois! Located in a highly sought-after area, this 4-unit, 10,150 square foot building is a prime choice for those looking to expand their real estate portfolio. This building checks all the boxes, it includes full tenancy, high electrical capacity, ample space, convenient accessibility, and great investment potential. Each of the four units within this industrial building is currently tenant occupied. This means immediate cash flow for the new owner, providing a reliable and consistent income stream right from the start. With 3 phase 200 amp service in each unit, this property is equipped to handle a wide range of industrial and commercial operations. This feature not only attracts a diverse range of tenants but also ensures the property's long-term value and appeal. Each unit boasts a 14-foot drive-in door and an impressive 16-foot ceiling height. This generous space is ideal for various industrial and manufacturing uses, making it versatile for potential tenants and their specific requirements. Easy access to interstates is a significant advantage for any industrial property and this location provides that. New Lenox is known for its strong economic growth and development so this property's location in a sought-after area positions it for potential appreciation in value over time, making it an excellent long-term investment opportunity. Don't miss the chance to secure this great property!
Full Property Details
Full Property Details for 12619 Old Plank Dr
General
- Sold For: $1,200,000
- Taxes: $12,466 (2022)
- Status: Closed
- Type: Commercial
- MLS ID: 11903043
- Added to Site: 199 day(s) ago
Interior
- Interior Features: Multi-Tenant, Overhead Door(s), Private Restroom(s), Storage Inside
- Flooring: Concrete
Additional Information
- Security/Safety: Other
Location
- Area: New Lenox
- County: Will
- Driving Directions: Route 30 or Laraway - Schoolhouse - Old Plank Drive (East) - Building on south side of street.
- Location Details: South Suburban, Industrial Park
Heating & Cooling
- Cooling Type: Office Only, Window Unit(s)
- Heating Type: Ceiling Units, Forced Air, Gas, Radiant
Utilities
- Onsite: Private Septic System, Well Private
Structural Information
- Drive-In Doors: 6
- Sub-Flooring: Concrete
- Stories/Levels: 1
- Square Feet: 10,150
- Current Bldg. Use: Industrial
- Year Built: 2003
Unit Information
- # Tenants: 4
- Extra Storage Avail: Yes
Lot Features
- Lot Size (Acres): 1
- Lot Size (Sq. Ft.): 43,721
- Lot Dimensions: 102 x 228
- Frontage: Paved
- Drainage: Floor Drains
- Zoning: INDUS
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Operating Expenses: $16,566
- Security Deposit: Other
- Assessment Year: 2003
- Tax Amount: $12,466
- Tax Year: 2022
- Tenant Pays: Electricity, Heat, Scavenger
Disclosures and Reports
- Property ID: 1508251020040000
Listed by Lincoln-Way Realty, Inc
Sold by Baird & Warner
Get Pre-Approved Today
Schools
Schools serving 12619 Old Plank Dr
School Districts:Lincoln Way Community High School District 210, New Lenox School District 122
Rating | Name | Grades | Distance |
---|---|---|---|
Spencer Trail School
1711 Spencer Rd, New Lenox, IL 60451 | PK-PK | 1.1 mi | |
Spencer Pointe Elementary School
1721 Spencer Rd, New Lenox, IL 60451 | 1-3 | 1.2 mi | |
1711 Spencer Rd, New Lenox, IL 60451 | 4-6 | 1.2 mi | |
731 E Joliet Hwy, New Lenox, IL 60451 | 7-8 | 1.6 mi | |
1801 E Lincoln Hwy, New Lenox, IL 60451 | 9-12 | 1.4 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 12619 Old Plank Dr
Date
Details
Price
Change
Source
1/31/2024
Sold
$1,200,000
-19.95%
MLS
10/12/2023
Listed
$1,499,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
12619 Old Plank Drive, New Lenox, IL 60451 (MLS# 11903043) is a Commercial property that was sold at $1,200,000 on January 31, 2024. Want to learn more about 12619 Old Plank Drive? 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.