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    523 Talcott Ave Lemont, IL 60439

    For Sale
    $799,000

    Land - Lemont, IL

    Lot size:
    0.38 Acres
    Days on Market:
    245
    Last Refresh:
    Dec 11 at 11:06 am

    Property Features for 523 Talcott Ave

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    PUD
    APN
    22204050560000
    Lot size
    0.38 Acres

    Building Details

    Architectural style
    Other

    Realtopia Real Estate, Inc. (708) 326-2955 [email protected]

    Listing agent Kayla Kulhanek (708) 326-2955 License #475210217

    Listing date Apr 11, 2025

    MLS# 12020855 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

    Downtown Lemont Vacant Land Parcel

    This vacant parcel, located in the heart of downtown Lemont, offers numerous opportunities for development. The lot measures 16,637 square feet (212 x 78) or 0.38 acres. The property's zoning is PUD. The location presents potential for retail, residential, or multi-use development, making it an ideal investment opportunity.
    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
    -87.997193
    Latitude
    41.675919

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    FAQs

    What type of property is this?
    Commercial land - 16,637 sq ft vacant land in downtown Lemont.
    Where is this commercial land located?
    The property is located at 523 Talcott Ave Lemont, IL.
    What is the asking price?
    The asking price for this property is $799,000.
    What are key features of this property?
    This property features: - Large 16,637 sq ft vacant parcel in downtown Lemont.; - Prime location in the heart of downtown.; - Offers numerous development opportunities.
    (708) 326-2955
    Request Owner's contact information
    523 Talcott Ave 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
    523 Talcott Ave Lemont, IL 60439
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