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1264 State St Lemont, IL 60439

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Ground lease opportunity in Lemont's prime retail corridor.

Type:Land
Added:
Jul 11, 2024
Days on Market:
650
Last Refresh:
Mar 17 at 1:26 pm

Property Features for 1264 State St

General Information

Standard status
Active
Property subtype
Land

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Listing Contact
Karen Kulczycki

Listing agent Karen Kulczycki License #IL 475-170551

Listing office SVN | Chicago Commercial

Listing date Jul 11, 2024

Source Crexi

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


Overview

Centennial Plaza Ground Lease Opportunity

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.
Location Intelligence

Current Use by Public Records

Fork & Spoon Cafe Restaurant

Suggested Use

Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

Location Insight

  • Map
  • Local Demand
City
Lemont
County
Cook
State
Illinois
Longitude
-88.0012655
Latitude
41.6539687

FAQs

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.
More about this property
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