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    1365 State St Lemont, IL 60439

    For Sale
    $499,000

    Land - Lemont, IL

    Lot size:
    3.10 Acres
    Days on Market:
    231
    Last Refresh:
    Dec 14 at 7:06 pm

    Property Features for 1365 State St

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    SINGL
    APN
    22324000260000
    Lot size
    3.10 Acres

    Building Details

    Architectural style
    Other

    Platinum Partners Realtors (630) 435-3500 [email protected]

    Listing agent Paul Baker (630) 376-4401 License #475122211

    Listing date Apr 28, 2025

    MLS# 12002545 Listing URL

    Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Lemont Land with Development Potential

    This property features over 3 acres of vacant land with 440 feet of frontage along State Street. The lot is currently zoned as R-4 for single-family residences, but it can be rezoned for commercial use. The land includes a ravine that could enhance future residential or commercial development. The location is near downtown Lemont, Metra, I-355, and I-55. The lot is suited for a wide variety of uses.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lemont
    County
    Cook
    State
    Illinois
    Longitude
    -87.998943
    Latitude
    41.648052

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    FAQs

    What type of property is this?
    Land - 3+ acre vacant land near downtown Lemont with development potential.
    Where is this land located?
    The property is located at 1365 State St Lemont, IL.
    What is the asking price?
    The asking price for this property is $499,000.
    What are key features of this property?
    This property features: - Over 3 acres of vacant land with HIGH VISIBILITY on State Street.; - Boasting 440 feet of frontage on State Street.; - Potential for commercial rezoning.
    (630) 376-4401
    Request Owner's contact information
    1365 State St Lemont, IL 60439
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    Lemont, IL 60439
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1365 State St Lemont, IL 60439
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