Sold
Last Sold Price
1,742,400 Lot Size40 Acres
1600 S Spencer Rd, New Lenox, IL 60451
LandProperty Type
40 acresLot Size

Description

This is a great short term or long term investment opportunity. Laraway road is one of the more active corridors in the Chicago region for single family residential construction. Nice square 40 acre parcel on Spencer road in New Lenox. Just north of Laraway road. Potential for residential development. Utilities are near by. Spencer Trails Grade School campus is on the west side of Spencer road. Metra station is only 1.3 mile to the west. Easy access to shopping, expressways and entertainment.This is a great short term or long term investment opportunity. Laraway road is one of the more active corridors in the Chicago region for single family residential construction. Nice square 40 acre parcel on Spencer road in New Lenox. Just north of Laraway road. Potential for residential development. Utilities are near by. Spencer Trails Grade School campus is on the west side of Spencer road. Metra station is only 1.3 mile to the west. Easy access to shopping, expressways and entertainment.

    Sold By Goodwin & Associates Real Estate LLC

    • Listed by: Mark 815.741.2226 mark@bigfarms.com • Goodwin & Assoc. Real Estate Llc
    Listing closed: 08/24/2017 12:00 AM • Source: MRED as distributed by MLS GRID, MLS#: 09180455

    Recent comparable sales

    Median sold price

    $619,900

    Avg days on market

    136

    Sale-to-list ratio

    91.3%

    New Lenox, IL

    9 comparable properties found

    a view of a swimming pool
    1/8
    1

    $910,000

    Sold 04/30/25

    Unavailable
    Bedrooms
    Unavailable
    Bathrooms
    Unavailable
    Square Feet
    34.88
    Acres
    2

    $699,900

    Sold 06/30/25

    Unavailable
    Bedrooms
    Unavailable
    Bathrooms
    Unavailable
    Square Feet
    Unavailable
    Acres
    3

    $690,340

    Sold 11/14/25

    Unavailable
    Bedrooms
    Unavailable
    Bathrooms
    Unavailable
    Square Feet
    Unavailable
    Acres
    4

    $657,468

    Sold 08/18/25

    Unavailable
    Bedrooms
    Unavailable
    Bathrooms
    Unavailable
    Square Feet
    Unavailable
    Acres
    5

    $619,900

    Sold 09/12/25

    Unavailable
    Bedrooms
    Unavailable
    Bathrooms
    Unavailable
    Square Feet
    Unavailable
    Acres
    6

    $608,283

    Sold 06/13/25

    Unavailable
    Bedrooms
    Unavailable
    Bathrooms
    Unavailable
    Square Feet
    Unavailable
    Acres
    7

    $589,900

    Sold 06/23/25

    Unavailable
    Bedrooms
    Unavailable
    Bathrooms
    Unavailable
    Square Feet
    Unavailable
    Acres
    $220,000 | 13255 West Laraway Road, New Lenox, IL 60451
    1/18
    8

    $220,000

    Sold 11/17/25

    Unavailable
    Bedrooms
    Unavailable
    Bathrooms
    Unavailable
    Square Feet
    10
    Acres
    a view of a lake with a houses
    1/7
    9

    $125,000

    Sold 04/09/26

    Unavailable
    Bedrooms
    Unavailable
    Bathrooms
    Unavailable
    Square Feet
    0.97
    Acres

    Location

    Add your commute

    Payment Calculator

    Get preapproved with
    OriginPoint Mortgage or Rocket Mortgage1

    $5,742 per month

    30 year fixed, 6.71% Interest

    Principal and Interest

    $5,684

    Property Taxes

    $57

    HOA Dues

    $0

    The Payment Calculator is for illustrative purposes only.

    Know your buying power with a preapproval and custom rate in minutes

    Rocket Mortgage1

    Property Information for 1600 South Spencer Road

    Property Details
    • Taxes: $688 / year
    • MLS Type: Land
    • County: Will County
    • Area: New Lenox
    • Township: NEW LENOX
    • Ownership: Fee Simple
    • Num Of Parking Spaces: 0.0
    • Zoning: AGRIC
    Building Information
    • Lot Size: 40.00 AC
    General Information
    School Information
    • Elementary School District: 122
    • Elementary School: SPENCER CROSSING ELEMENTARY SCHO
    • High School District: 210
    • High School: LINCOLN-WAY CENTRAL HIGH SCHOOL
    • Middle Or Junior School District: 122
    Location and General Information
    • Frontage Length: 1320
    • Frontage Type: Township Road
    Taxes and HOA Information
    • Additional Parcels: No
    Property Information
    Interior Features
    • Basement Bathrooms: No
    • Num of Baths: 0.0
    Exterior Features
    • Backup Package: Yes
    Utilities / Equipment
    • Utilities: Electric to Site, Gas Nearby, Sanitary Sewer, Water Nearby
    Property/Lot Information
    • Lot Size: 25.0-99.99 Acres
    • Lot Dimensions: 1320X1320
    • Buildings on Land: No
    • Waterfront: No
    • General Information: None
    Property and Assessments
    • Buyer Financing: Conventional
    • Documents Available: Aerial Map,Soil Map,Tax Bill,Topographic Maps
    • Photos Count: 2
    Miscellaneous
    • Current Use: Agricultural
    • Farms Type: Grain
    • Known Existing Liens: None Known
    • Land Description: Level,Tillable
    • Road Surface: Asphalt
    Virtual Tour/Additional Media
    • Virtual Tour YN: No

    Property History for 1600 South Spencer Road

    DateEvent & SourcePriceAppreciation
    Aug 24, 2017

    Sold

    MRED #09180455

    $1,100,000
    Jun 6, 2017

    Pending

    MRED #09180455

    Mar 31, 2016

    Listed (Active)

    MRED #09180455

    $1,100,000
    DateEvent & SourcePrice
    08/24/2017

    Sold

    MRED #09180455

    $1,100,000
    06/06/2017

    Pending

    MRED #09180455

    03/31/2016

    Listed (Active)

    MRED #09180455

    $1,100,000

    For completeness, we often displays two records for one sale: the MLS record and the public record.

    Schools near 1600 South Spencer Road

    This home is within Lincoln Way Chsd 210 School District.
    Rating
    School
    Type
    Grades
    Distance
    Public - 1 to 3
    Public - 4 to 6
    Public - 7 to 8
    Public - 9 to 12
    Rating
    School
    Distance
    Spencer Pointe Elementary School
    Public1 to 3

    Spencer Crossing Intermediate School
    Public4 to 6

    Alex M Martino Jr High School
    Public7 to 8

    Lincoln-Way Central High School
    Public9 to 12

    School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

    Similar Homes

    Nearby home values

    AddressSold priceBedsBathsSqftLot (Sqft)
    This home: 1600 South Spencer Road, New Lenox, IL 60451
    $1,100,000
    1,742,400
    $1,100,000
    1,742,400
    20,418
    21,191
    $325,001
    3
    1,384
    20,473
    $323,000
    3
    1,300
    23,958

    No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

    Listing Courtesy of Goodwin & Assoc. Real Estate Llc

    Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 08/25/2017 02:32 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.