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Listing provided courtesy of CRIS RealtyMREDas Distributed by MLSGrid- MLS# 12587360MLS Provider

500 E Laraway RoadNew Lenox, IL 60451

Vacant Land · 1.42 Acres
$549,900 Active

500 E Laraway Road Overview

Time on Site:
112 days
Visits:
3

Any investor looking for a great location to build a Commercial building. With loads of growth in this area. This Lot 1 is located off Laraway Rd. which is in the process of becoming a 4-lane highway. Located across from the Metra Station and just west of the Mobil gas station on Laraway and Calistoga. There is easy access because of the stop light at Laraway Rd. and Calistoga Dr. You will notice there are many upscaled homes in this location. There are 2 lots available that can be purchased as a package Lot 1 and Lot 2 (MLS#11709338). The Calistoga Shopping Plaza is anchored by Berkot's Food, a Pub, restaurants, Veterinarian, Pet store with pet treats, Hair salon, Dentist. The average daily traffic count is 13,500 vehicles daily with great exposure.

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500 E Laraway Road Facts & Features

  • Type Vacant Land
  • Lot 1.42 Acres

Details

General

School Information

  • School District: 215

Business Information

  • Current Use: Commercial

Location/Region

  • County Or Parish: Will
  • MLS Area Major: New Lenox
  • Subdivision Name: Calistoga
  • Township: New Lenox

Tax Information

  • Tax Annual Amount: $338.00
  • Tax Year: 2024

General Information

  • Ownership: Fee Simple
  • Parcel Number: 1508341010010000
  • Property Type: Land
  • Special Listing Conditions: None
  • Zoning: PUD

Interior

Beds/Baths

  • Bathrooms Total: 0

Exterior

Parking Information

  • Parking Total: 0

Lot Information

  • Frontage Length: 274.8
  • Frontage Type: City Street
  • Lot Size Acres: 1.42
  • Lot Size Dimensions: 274.88X225X275.75X225
  • Road Surface Type: Concrete

Waterfront/View

  • Waterfront: No

General Information

  • Utilities: Electricity Nearby,Natural Gas Nearby

500 E Laraway Road Neighborhood

Community

60451 (New Lenox) Demographics

37
Median Age
1,402
Population Density (per sq. mile)
55%
College Educated
$113,781
Estimated Median Income
11,006
Estimated Total Home Owners
891
Estimated Total Renters
93% / 7%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

500 E Laraway Road Monthly Cost

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Randall Fowlkes
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

500 E Laraway Road Market Data

Based on the last 30 days in this zip code

$516,875
Average List Price
$222
Average Price per Square Foot
41
Properties Sold
64
Average Days on Market
169
Properties for Sale
Calculations provided by Reliance Network

500 E Laraway Road History

Date Event Value Agent
3/14/2026Source: MRED Status Change
Active
3/9/2026Source: MRED Added to Database
March 09, 2026