15419 127Th St Lemont, IL 60439
- Office Properties & Spaces
- 1.08 lot acres
Current Use by Public Records
- William A. Hare, D.D.S. - Orthodontist / Dentist / Orthodontist
- Richard M Parker DDS in Lemont, Illinois / Dentist
- Seven Rivers Dental / Dentist
- Antonopoulos & Virtel / Attorney
- Kopa Transport Co. / Transportation Service
Property Details for 15419 127Th St
- Year built
- 1978
- Lot size
- 1.08 lot acres
- Property type
- Office Properties & Spaces
- APN
- 22-29-402-019-1007
- APU
- 22294020191007
Description
This exceptional free-standing professional office condo presents a rare opportunity in Lemont's established Courtyard Building. Boasting approximately 3,100 square feet of finished space spread across two floors, this versatile property offers a layout suitable for diverse professional uses. The interior features include private offices, a welcoming reception area, multiple workspaces designed for optimal productivity, a convenient storage room, a practical kitchenette, and three bathrooms for employee and client convenience. The property sits on a 1.05-acre lot and is zoned B-3, allowing for a wide range of retail, service, and commercial applications. Its highly accessible location near the busy intersection of 127th and State Street provides excellent visibility and convenient access for clients and employees. Furthermore, its proximity—less than one mile—to I-355 interstate access ensures easy regional connectivity. Located in the thriving and growing Village of Lemont, this property offers an ideal setting for businesses seeking to establish a strong presence or for investors looking for a promising commercial opportunity. The property's size, layout, and location combine to create a compelling investment prospect in a dynamic and desirable community.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $305,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $220,000
- 6.5%
- $265,000
- 7%
- $230,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $240,000
- Geo Method
- $265,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $255,000
- Retail
- $250,000
- Mixed-Use
- $240,000
- Hospitality
- $300,000
- Educational
- $300,000
- Residential Income
- $265,000
- Energy
- $265,000
- Income-Based Land
- $230,000
- Food Service
- $275,000
Location Insight
- Map
- Local Demand
- City
- Lemont
- County
- Cook
- State
- Illinois
- Longitude
- -87.9957
- Latitude
- 41.6572
- CBSA code
- 16980
- CBSA name
- CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA