1264 State St Lemont, IL 60439

This exceptional 24,156 square foot outlot at Centennial Plaza in Lemont, Illinois, presents a prime retail development opportunity. Located at 1264 State St, 60439, this Jewel-Osco anchored property boasts high visibility in a prime retail corridor along 127th and State Street. The 15-unit strip center enjoys 100% occupancy with a strong tenant mix including national and local businesses such as ATI Physical Therapy, Hair Cuttery, Anytime Fitness, and more. Development options range from approximately 2,000 to 9,800 square feet, with the possibility of a drive-thru, subject to association approval. The site benefits from a signalized intersection and easy access to I-355 and I-55, as well as the Heritage Corridor Metra Line. The surrounding area has a population exceeding 25,335 with an average household income over $119,700 within a 3-mile radius, making it an ideal location for fast food, QSR, medical, dental, or other retail uses. The property is offered for sale or ground lease for $1,500,000. This location is approximately 25 miles southwest of Chicago and situated along the Illinois and Michigan Canal.