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400 E Illinois Street Lemont, IL $ 995,000
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$ 995,000 Get more info
400 E Illinois Street
$ 995,000
Back to search
Share Save

400 E Illinois Street

Lemont, IL, 60439
$ 995,000
Baths0.0 Sq 4,200

Monthly Estimate*

$ 6,613

400 E Illinois Street, Lemont, IL 60439 - Image 1
400 E Illinois Street, Lemont, IL 60439 - Image 2
400 E Illinois Street, Lemont, IL 60439 - Image 3
Studio

Commercial Property for sale in Lemont, IL

for $995,000. This 4,200 square foot building was built in 1857 on a lot size of 0.051653.

Totally renovated and rebuilt. This is a 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 approx 4200sf. Renovation completed in 2009. New roof, interior finishes, all mechanical equipment, plus new additional streetscape, sidewalk and curbside fencing. 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!

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Commercial Active

Price

$ 995,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 6,944

Style

Commercial

Lot Size

0.051653

Year Built

1857

Town/City

Lemont

County/Region

Cook

MLS | Web ID

11958491
Features
General
Cooling Central Air
Roof Membrane
Zoning COMMR
Construction Materials Wood Frame
Year Built 1857
Electric Service - 101 to 200 Amps
Tenant Pays Air Conditioning Electricity Heat Varies by Tenant
Stories 2
Township Lemont
Property SubType Apts/Ofc/Store Apts/Ofc Apts/Stores Ofc/Store
Tax Year 2021
Current Use Commercial
Gross Income 0
County Cook
Insurance Expense 0
Property Type Commercial Sale Mixed Use
Possible Use Commercial Multi-Family
Status Active
Directions Heart of Downtown Lemont Illinois Street and Lemont St. Go east 1 block to two story corner bldg. on the SEC.
City Lemont
NumberOfUnitsTotal 4
MLS Area Lemont
Lot Size Square Feet 2250
Street Name Illinois
Tax Annual Amount 6944
Electric Expense 0
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 0
Additional Parcels Y/N N
Days on Market 128
Standard Status Active
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Interior
Flooring Carpet Tile Varies
Total Fireplaces 0
Street Suffix Street
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Exterior
Foundation Details Stone
Building Area Total 4200
Lot Dimensions 50X45
Frontage Type City Street
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* Excluded Features
List By
Coldwell Banker Realty

Broker

cgroebe61@gmail.com;cgroebe61@gmail.com

Email

Affordability Calculator

$7,192
Per Month
92%
8%
0%
Monthly Principal & Interest
$6,613
Monthly Property Taxes
$579
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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THE TIME TO SELL IS NOW!
Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
5/9/2024$995,000 -17.08% Price Down
1/9/2024$1,200,000 Listed Price

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400 E Illinois Street, Lemont, IL, 60439 is a Commercial Property for sale at $995,000 with 4,200 sqft and a lot size of 0.051653. 400 E Illinois Street is a studio with 0.0 baths and was built in 1857. The property's zip code is 60439 which is in Lemont, IL

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