1400 Smith Road, Lemont, IL 60441

Listing agent Marc Frisco License #Wi 56189-90

Listing office RE/MAX Newport Elite

Listing date Apr 1, 2019

Source Crexi

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Overview

This parcel of land is located directly north of the recently announced Big Run residential development, a mixed-use project scheduled to include over 500 units. The anticipated ingress/egress for the development will be directly across from this parcel. The property is currently unincorporated Lockport in DuPage Township and is actively farmed, resulting in minimal holding costs. Property taxes are reported to be under $100 annually. This land offers an ideal "land banking" opportunity and is located minutes from the I-355 (Archer) Interchange, Downtown Lemont, and Lockport. The property size is 177724 square feet.

Suggested Use

Law Firm Building Supply Auto Parts Store Kitchen & Bath Showroom Daycare Center Electrical Service Garden Center (Bike/Boat/Book/etc) Store Plumbing Service (Bike/Boat/Book/etc) Store

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

Location Insight

• Map
• Local Demand

City

Lemont

County

Cook

State

Illinois

Longitude

-88.028239

Latitude

41.6426804

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FAQs

What type of property is this?

Agricultural land / Farmland - Land banking opportunity near upcoming residential development and I-355.

Where is this agricultural land / farmland located?

The property is located at 1400 Smith Road Lemont, IL.

What is the asking price?

The asking price for this property is $525,000.

What are key features of this property?

This property features: Directly north of a planned 500+ unit mixed‑use development with anticipated direct ingress/eg