Property Lookup
Property Lookup
  • For Sale
  • For Lease
  • Recently Sold
  • Property Lookup
  • Brokers
Back to Search
The Largest CRE Database in the US with Over 1 Million Listings
Property profile & analytics

120 Lk St Montgomery, IL 60538-1442

  • Commercial real estate
  • 11.59 lot acres
OFF-MARKET
Last Sale
Mar 17, 2025
$1,800,000
Value Estimations
$1,490,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US28-4739400
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

  • Schaefer Greenhouses Inc. / Garden Center / Florist
  • Wholesale Plants / Wholesaler
  • Raymond & Sons Plumbing / Plumbing Supply Store / Plumber

Property Details for 120 Lk St

Lot size
11.59 lot acres
Property type
Commercial real estate
APN
15-32-401-007
APU
1532401007

Description

This exceptional 14.76-acre commercial/industrial property located at 120 South Lake Street in Montgomery, Illinois (zip code 60538), presents a significant redevelopment opportunity. The property boasts a substantial 154,794 square feet of existing warehouse space, currently configured for greenhouse and floral operations. Zoned M-1 Industrial, this site offers immense potential for various light industrial or commercial ventures. Its strategic location provides exceptional visibility and accessibility. The property features three existing curb cuts, strategically positioned with two on Route 31 and one on Aucutt Road, maximizing convenient ingress and egress. This translates to approximately 1,700 linear feet of frontage along Route 31, offering unparalleled exposure for any future development. The asking price for this single-tenancy property is $2,500,000. This is a rare chance to acquire a large-scale industrial property in a thriving Kendall County location with significant redevelopment potential. The property's size and strategic location make it an ideal candidate for a variety of uses, offering a strong return on investment for the discerning buyer. Don't miss this opportunity to secure a prime piece of Illinois real estate.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    Statistic approach
    $1,270,000
    ML approach
    $1,085,000

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Montgomery
County
Kane
State
Illinois
Longitude
-88.348
Latitude
41.7281
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
$47,161
$148,551
$437,221
$585,772
-
$445,653
$1,311,663
$1,757,316
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message