400 E Illinois Street, Lemont, IL 60439

  • $995,000
  • $1,200,000
400 E Illinois Street, Lemont, IL 60439
  • Commercial Sale
  • Property Type
  • 1857
  • Year Built
For Sale
400 E Illinois Street, Lemont, IL 60439
  • $995,000
  • $1,200,000

Overview

Property ID: 15303814
  • Commercial Sale
  • Property Type
  • 1857
  • Year Built

Description

Discover a unique business opportunity in the heart of Historic Lemont with this completely renovated and rebuilt mixed-use corner building. Perfectly situated just one block from Main Street and close to public transportation, this property offers incredible potential as both an income producer and a thriving business location. This prime corner lot, measuring 50×45 feet, boasts a total building area of approximately 4,200 square feet. On the ground level, you’ll find two completely renovated storefronts: an office space of approximately 1,000 square feet and a business corner storefront of roughly 1,200 square feet. Additionally, there is a lower-level basement for extra storage or utility space. The second level features two completely renovated 2-bedroom apartments, each approximately 1,050 square feet. The current rents for these units are low, presenting an opportunity for an increase to match current market rates. The property underwent a full renovation, including a new roof, interior finishes, and all mechanical equipment. The streetscape has been upgraded with new sidewalks and curbs, enhancing the overall appeal. Located just one block from Main Street, this property is conveniently close to public transportation and offers easy access to major highways I-55 at Lemont Rd., I-294, and I-355. This like-new property is a must-see for anyone to invest in this vibrant community. This is an exceptional opportunity with its prime location, extensive renovations, and potential for increased rental income. Schedule a viewing today.

  • Address 400 E Illinois Street
  • City Lemont
  • State/county IL
  • Zip/Postal Code 60439
  • Country United States

Details

Updated on August 25, 2024 at 10:48 am
  • Property ID: 15303814
  • Price: $995,000
  • Year Built: 1857
  • Property Type: Commercial Sale
  • Property Status: For Sale
  • Living Area: 4200
  • MLS#: MRD11958491
  • Office Name: COLDWELL BANKER REALTY
  • Agent Name: Charles Groebe
  • MLS Status: Active
  • Living Area Prefix: SqFt

Additional details

  • List Office MLSID: MRD26654
  • List Agent MLSID: MRD601829
  • List Date: 2024-01-09T16:54:10.000Z
  • Roof: Membrane
  • Cooling: Central Air
  • Tax Annual: 7163
  • Tax Year: 2022
  • Flooring: Carpet,Tile,Varies
  • County: Cook
  • Property SubType: Apts/Ofc/Store,Apts/Ofc,Apts/Stores,Ofc/Store

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