400 E Illinois Street $850,000


    400 E Illinois Street Lemont, IL 60439

    • Commercial
    • MLS# 10843093
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    Views: 19 Days On Site: 142

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    Property Details

    Totally renovated rebuilt Historic Lemont business opportunity and income producer. two completely renovated 2 bedroom apartments approx. 1050sf each in addition to 2 completely renovated storefronts. Offices of approx. 1000 sf and business corner storefront of roughly 1200 sf plus lower level basement. Total Prime Building area appox. 4200sf. Renovation done 2009. New Roof, interior finishes, all mechanical equipment, plus New additional Streetscape sidewalk and curbside fencing. Business Equipment list available upon request. Located just 1 block from Main Street & close to public transportation bus and train, I-55 at Lemont Rd./I-294/I-355. 50x45 foot lot on Hottest Corner in Lemont! Like new and a must see today!

    • General Features
      • Additional Parcels Y/N No
      • Area Lemont
      • County Or Parish Cook
      • Electric Expense 0
      • Fuel Expense 0
      • Gross Income 84000
      • Gross Scheduled Income 84000
      • Net Operating Income 73000
      • Number Of Units Total 4
      • Operating Expense 11000
      • Operating Expense1 0
      • Property Sub Type Mixed Use
      • Tax Annual Amount 7033
      • Tax Year 2019
      • Tenant Pays Air Conditioning,Electricity,Heat,Varies by Tenant
      • Township Lemont
      • Year Built 1857
      • Zoning OTHER
    • Building Features
      • Building Area Total 4200
      • Construction Materials Wood Frame
      • Cooling Central Air
      • Electric 101-200 Amps
      • Fireplaces Total 0
      • Flooring Carpet,Tile,Varies
      • Foundation Details Stone
      • Roof Membrane
      • Stories 2
    • Property Features
      • Lot Size Dimensions 50X45
      • Lot Size Square Feet 2250
      • Parcel Number 22204280010000
      • Parking Total 0



    60439 (Lemont) Demographics

    43 Median Age
    770 Population Density (per sq. mile)
    48% College Educated
    $92,926 Estimated Median Income
    6,749 Estimated Total Home Owners
    1,381 Estimated Total Renters
    83% / 17% Estimated Owner / Renter Divide
    3 Estimated Average Household Size
    23,373 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $412,000 Median Sales Price
    20 Homes Sold
    25 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $850,000
        9/8/2020 12:22:00 AM Status Changed Source New Value: Active
        9/2/2020 7:38:00 AM New in Database Source New Value: $850,000

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        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.
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