Centennial Plaza Ground Lease
For Sale
Contact for pricing
1264 State St, Lemont, IL 60439
Ground lease opportunity in Lemont's prime retail corridor.
Days on Market750
Property Features for 1264 State St
General Information
Standard status
Active
Property subtype
Land
Listing Agency:
SVN | Chicago Commercial
Listed By:
Karen Kulczycki · License #IL 475-170551
Source:
Crexi
Added: Jul 11, 2024
Changed: Jul 10
Last Checked: Jul 30 at 10:54AM
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.
This ground lease opportunity is located at Centennial Plaza in Lemont, Illinois, situated in the prime retail corridor along 127th and State Street, offering high visibility. The 15-unit strip center is shadow-anchored by Jewel-Osco. The multi-tenant mix includes national and local tenants such as ATI Physical Therapy, Hair Cuttery, AnytimeFitness, School of Rock, UPS Store, L.A. Tan, and Fork & Spoon Restaurant. The location is suitable for fast food, QSR, medical, dental, or other retail uses. The surrounding area has a population of over 25,335 with an average household income exceeding $119,700 within a 3-mile radius. Various site plan options are available, including a drive-thru opportunity. Lemont is a Village in DuPage County, approximately 25 miles southwest of Chicago, along the Illinois and Michigan Canal (I&M). The location provides easy access to the Heritage Corridor Metra Line and Interstates 355 and 55.
Key Highlights
- Prime retail corridor location on 127th and State Street with high visibility.
- Shadow‑anchored by Jewel‑Osco.
- High average household income exceeding $119,700 within a 3‑mile radius.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
521
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Ground lease opportunity in Lemont's prime retail corridor.
Where is this commercial land located?
The property is located at 1264 State St 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: Prime retail corridor location on 127th and State Street with high visibility.; Shadow‑anchored by Jewel‑Osco.; High average household income exceeding $119,700 within a 3‑mile radius.
