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Retail Outlot with Drive-Through Potential
For Lease
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1240 State St, Lemont, IL 60439

A +/-24,156 SF outlot at Centennial Plaza, positioned for drive-thru QSR development at a signalized intersection.

Space SizeContact for details
Lot Size0.55 Acres
Days on Market610

Property Features for 1240 State St

General Information

Standard status Active
Lot size 0.55 Acres
Property subtype LAND

Additional Details

Highway Access Yes

Spaces For Lease

at 1240 State St
1240 State St $150,000/Mo
Type LAND
Lease Type OTHER
Availability AVAILABLE, Now
Sublease No
- +/- 24,156 SF Outlot at Centennial Plaza - Jewel Anchored Plaza | 100% Occupied Center - +/- 2,000 to 9,800 SF Development Opportunity - Drive-thru QSR | Signalized intersection - Subject to Association Approval | Minutes to I-355
Contact us
Listing Agency: SVN | Chicago - Corporate
Listed By: Karen Kulczycki, CCIM
Source: Moodyscre
Added: Feb 24, 2025 Changed: Oct 25 Last Checked: Oct 26 at 4:14PM

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 - Corporate

Rey
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Investment Insights

Based on property information with market context.

An opportunity to lease a +/-24,156 SF outlot at Centennial Plaza, offering a development range of approximately 2,000 to 9,800 SF. The site is presented as a drive-thru QSR option at a signalized intersection.

Centennial Plaza is described as a jewel-anchored center with 100% occupancy. The offering is subject to association approval, with the property noted as minutes to I-355.

Plans and final tenant use would be subject to the applicable approvals and requirements for development on the outlot.

Key Highlights

  • +/- 24,156 SF outlot at Centennial Plaza
  • Drive‑thru QSR development opportunity
  • Located at a signalized intersection

Property Analytics

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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.

Lease Details

Yes
Highway access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

646
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Commercial land - A +/-24,156 SF outlot at Centennial Plaza, positioned for drive-thru QSR development at a signalized intersection.
Where is this commercial land located?
The property is located at 1240 State St Lemont, IL.
What is the lease rate?
The lease rate is $150,000.
What are key features of this property?
This property features: +/- 24,156 SF outlot at Centennial Plaza; Drive‑thru QSR development opportunity; Located at a signalized intersection
(630) 330-3352 Call to check price and availability
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