Heritage Farms Senior Living Development — Sale in New Lenox, IL

• Price: Contact for price
• Listing type: For sale
• Asset type: Business
• Location: New Lenox, IL 60451

Description

Located in fast growing market of New Lenox, IL, this senior living development parcel provides strong seniors demographics, adult children incomes, and convenient access to Interstates I-80 and I-355. This 156-acre master plan development has ample land to accommodate senior living community desired along with other residential neighborhoods and communities. Investment Highlights: • 8 acre parcel for senior housing, retirement community, and active adult community development. • New Lenox market has 91.6% seniors housing occupancy and strong monthly rental rates. • Closest senior housing community to 289-bed Silver Cross Hospital and accompanying medical offices.

Market Context

This commercial property in New Lenox, IL is listed for sale. It has been on the market for 100 days. Compare it against other commercial property listings for sale in New Lenox, IL — view the full market.

Contact

• Michael Turkiewicz · (312) 327-5492 · michael.turkiewicz@marcusmillichap.com
• Steven D. Weinstock · (630) 570-2200

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