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    Property profile & analytics

    1052 State St Lemont, IL 60439-4257

    • Grocery and convenience stores
    OFF-MARKET
    Value Estimation
    Last Sale
    Aug 07, 2024
    $16,650,000
    Location Intelligence
    Property ID
    US28-4192600
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Hauptman Jewelers / Jewelry Store

    Property Details for 1052 State St

    Property type
    Grocery and convenience stores
    APN
    22-29-309-037
    APU
    2229309037

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Lemont
    County
    Cook
    State
    Illinois
    Longitude
    -88.0013
    Latitude
    41.6603
    CBSA code
    16980
    CBSA name
    CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $362,915
    $826,108
    $668,698
    $1,494,806
    -
    $3,304,432
    $2,674,792
    $5,979,224

    Comparable in this City

    • Value Estimation by Request
      0.17 Acres

      80 Main St

      GROCERY, SUPERMARKET • 0.17 Acres
      80 Main St, Lemont, IL 60439-3622
      View Details
    • Value Estimation
      $420,000
      0.83 Acres

      80 Main St

      GROCERY, SUPERMARKET • 0.83 Acres
      80 Main St, Lemont, IL 60439-3622
      View Details
    • Value Estimation
      $250,000
      8.40 Acres

      12700 State St

      GROCERY, SUPERMARKET • 8.40 Acres
      12700 State St, Lemont, IL 60439
      View Details
    • Value Estimation by Request
      0.14 Acres

      606 State St

      RETAIL STORES (PERSONAL SERVICES) • 0.14 Acres
      606 State St, Lemont, IL 60439-3832
      View Details
    • Value Estimation
      $860,000
      0.22 Acres

      112 Main St

      STORE, RETAIL OUTLET • 0.22 Acres
      112 Main St, Lemont, IL 60439-3641
      View Details
    • Value Estimation
      $460,000
      4.19 Acres

      1237 State St

      RETAIL STORES (PERSONAL SERVICES) • 4.19 Acres
      1237 State St, Lemont, IL 60439-4419
      View Details

    Similar Nearby for Sale

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      Wooded Land Backing Forest Preserve

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    Similar Nearby for Lease

    • $22 SF/Yr
      38,500 SF

      Lemont Retail Space Available

      ±3,000 SF Retail Space in Prime Location
      1210 State St, Lemont, IL 60439
      View Details
    • $22 SF/Yr
      3,000 SF

      Retail Space Near Jewel Osco

      3,000 SF retail space adjacent to Jewel Osco.
      12700 State St, Lemont, IL 60439
      View Details
    • Contact for pricing
      2,400 SF

      Retail Space in Lemont Center

      Retail space available in Lemont, anchored by Pete's Fresh Market.
      1100-1120 State St, Lemont, IL 60439
      View Details
    • Contact for pricing
      48,890 SF

      Lemont Village Square Retail Space

      Prime Lemont retail space available. Multiple units.
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    • Contact for pricing
      130,976 SF

      Lemont Warehouse with Office Space

      130,976 SF warehouse with office space for lease.
      20 1St St, Lemont, IL 60439
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    • Contact for pricing

      Secured Lot for Rent

      Fenced and lit lot with heavy truck traffic design.
      231 New Ave, Lemont, IL 60439
      View Details
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    1052 State St
    Lemont, IL 60439-4257
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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