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Commercial Land with Drive-Through Option
For Sale
$1,500,000

1210-1264 State Street, Lemont, IL 60439

Ground lease opportunity with flexible site-plan concepts inside a multi-tenant retail center.

Property Size24,156 SF
Days on Market9

Property Features for 1210-1264 State Street

General Information

Standard status Active
Size 24,156 SF
Property subtype Retail

Building Details

Building Size 24,156 SF
Listing Agency: SVN | Chicago Commercial
Listed By: Karen Kulczycki
Source: Commercialcafe
Added: Aug 25 Changed: Aug 30 Last Checked: Sep 2 at 2:01PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SVN | Chicago Commercial

Investment Insights

Based on property information with market context.

A ground lease opportunity is available at Centennial Plaza, a 15-unit strip center at 1210-1264 State Street in Lemont. Site planning includes drive-through potential, with the property positioned along the 127th and State Street retail corridor. The center’s tenant mix includes ATI Physical Therapy, Hair Cuttery, Anytime Fitness, School of Rock, UPS Store, L.A. Tan, and Fork & Spoon Restaurant, with Jewel-Osco serving as a shadow anchor.

The property benefits from access to the Heritage Corridor Metra Line, Interstate 355, and Interstate 55. Lemont is approximately 25 miles southwest of Chicago, and the site is within a 3-mile area identified in the source data as having a population exceeding 25,335. Various site plan options are available for the ground lease opportunity.

Key Highlights

  • Ground lease opportunity at Centennial Plaza, 1210‑1264 State Street, Lemont, IL 60439
  • 15‑unit strip center along the 127th and State Street retail corridor
  • Drive‑through opportunity included among available site plan options

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Law Firm Spa & Massage Center Real Estate Agency Hair Salon Auto Repair Shop Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

646
Businesses Nearby
101k
Monthly Visits Nearby

Foot Traffic Nearby

Groceries 34% Shops & Services 24% Dining 23% Apparel 7%
Jewel-Osco Groceries
34,201 visits/mo 0.1 miles
Starbucks Dining
11,083 visits/mo 0.1 miles
Dollar Tree Shops & Services
10,680 visits/mo 0.5 miles
Chase Bank Shops & Services
7,578 visits/mo 0.4 miles
Goodwill Apparel
6,746 visits/mo 0.3 miles

Demographics for 60439, IL

24,327
Population
8,962
Households
2.7
Avg Household Size
45
Median Age
45%
College-Educated
95%
High-School Grad
29.7 sq mi
ZIP Area
819
Density / Sq Mi
$132,511
Median Household Income
$60,561
Median Earnings
$1,046
Median Rent
$466,800
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Commercial land - Ground lease opportunity with flexible site-plan concepts inside a multi-tenant retail center.
Where is this commercial land located?
The property is located at 1210-1264 State Street Lemont, IL.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Ground lease opportunity at Centennial Plaza, 1210‑1264 State Street, Lemont, IL 60439; 15‑unit strip center along the 127th and State Street retail corridor; Drive‑through opportunity included among available site plan options
More about this property
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