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$12,500,000

  • For Sale
  • Active
  • Lots/Land
  • 18.76 Acres
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18.76 ACRES FOR REDEVELOPMENT in WILL COUNTY... at the Stoplight Corner of I80&Rt30 EXIT with frontage on LINCOLN HIGHWAY & I80:-)... Gas, Water, Electric, Sewer are all at the property... Current zoning is C3. A Few of the permitted uses are:Stadiums, Auditoriums and arenas (perfect for an indoor Sports Health Training Facility, volleyball/baseball/soccer/track/etc...). Also Hotel, Mixed-Use, Retail Department store, Grocery Store, Recreation area, Auto Sales, Boat or RV Dealer, Medical services, Job Training Center .... Call for a list of Permitted C3 uses. Traffic count on I80 is 75,000... Existing Building to be REMOVED... 1500 W LINCOLN HIGHWAY..... A PRIME LOCATION:-).... If you want to keep the building for rehab, call your agent asap....

Full Property Details for 1500 W Lincoln Hwy

General

  • Price: $12,500,000
  • Taxes: $58,250 (2024)
  • Status: Active
  • Type: Lots/Land
  • Source: MRED
  • MLS ID: 12384284
  • Updated: 1/8/2026
  • Added to Site: 268 day(s) ago

Additional Information

  • Other Features: Interstate Access

Location

  • Area: New Lenox
  • County: Will
  • Township: New Lenox
  • Driving Directions: I80 to the New Lenox Exit then west/left to the 1st (or 2nd) road turn into the parking lot....
  • Location Details: Central Business District, Corner, In City Limits, High Traffic Area

School Information

  • School District: 122
  • Elem School District: 122
  • Midd School District: 122
  • High School District: 122

Heating & Cooling

  • Cooling Type: Central Air Conditioning, Zoned
  • Heating Type: Natural Gas

Utilities

  • Water: Municipal Water
  • Onsite: Electricity to Site, Natural Gas Available, Sewer Connected

Structural Information

  • Square Feet: 18.76
  • Current Bldg. Use: Commercial

Lot Features

  • Lot Size (Acres): 18.76
  • Lot Size (Sq. Ft.): 817,185
  • Lot Size Range: 10.0 to 24.99 Acres
  • Lot Dimensions: 835 x 1171 x 641 x 348 x 505 x 453
  • Frontage: State Road
  • Frontage Feet: 835
  • Street/Road Desc.: Concrete
  • Potential Use: Office, Development, Retail, Special Use, Zoning Change Required, Other
  • Zoning: COMMR
  • Lot Description: Level

Financial Considerations

  • Tax Amount: $58,250.92
  • Tax Year: 2024

Disclosures and Reports

  • Ownership: Fee Simple
  • Special Conditions: List Broker Must Accompany
  • Property ID: 1508171000270000
Buyer's Brokerage Compensation: Contact Listing Agent
Not binding unless confirmed by separate agreement among applicable parties.

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— 1500 W Lincoln Hwy —

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Schools serving 1500 W Lincoln Hwy

School Districts:New Lenox School District 122, Lincoln Way Community High School District 210
NameGradesDistance
Nelson Prairie School
2366 Nelson Road, New Lenox, IL 60451
1-33 mi
Nelson Ridge School
2470 Nelson Road, New Lenox, IL 60451
4-63.1 mi
Liberty Junior High School, New Lenox, IL
151 Lenox Street, New Lenox, IL 60451
7-82 mi
Lincoln Way West
21701 S Gougar Rd, New Lenox, IL 60451
9-121.6 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1500 W Lincoln Hwy Get Price Alerts and Save Property

Date
Details
Price
Change
Source
6/03/2025
Listed
$12,500,000
325.67%
MLS
1/16/2024
Sold
$2,936,530
—
Public Record
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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 for 1500 W Lincoln Hwy

Year
Property Taxes
Change
Tax Assessment
Change
2024
$35,463
-6%
$437,000
—
2023
$37,591
2%
$437,000
2%
2022
$36,947
-2%
$427,000
—
2020
$37,784
1%
$427,000
—
2019
$37,392
-68%
$427,000
-68%
2018
$117,112
2%
$1,318,857
—
2017
$114,791
—
$1,318,857
—
2016
$114,702
-2%
$1,318,857
—
2015
$116,831
—
$1,318,857
—
2014
$116,450
2%
$1,318,857
—
2013
$114,221
7%
$1,318,857
—
2012
$106,485
—
$1,318,857
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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1500 W Lincoln Highway, New Lenox, IL 60451 (MLS# 12384284) is a Lots/Land property with a lot size of 18.76 acres. 1500 W Lincoln Highway is currently listed for $12,500,000 and was received on June 03, 2025. This property is listed by George Chandler from our Southwest Office.Want to learn more about 1500 W Lincoln Highway? Do you have questions about finding other Lots/Land 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.

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