814 State St, Lemont, IL 60439-3933
This exceptional 4,000 square foot multi-tenant office building, located at 814-816 State Street in Lemont, IL 60439, presents a unique investment opportunity. Situated on a high-traffic section of State Street, between 127th and State Street, this property boasts excellent visibility and accessibility. The building, constructed in 1975 and extensively renovated in 2023, offers a blend of medical, traditional, and executive office spaces, along with retail potential. Currently, 2,500 square feet of space is available, divisible into units as small as 1,250 square feet, with a maximum contiguous space of 4,000 square feet. The building features a total of two suites and ample parking with 30 spaces. The property is zoned B1 and located in Cook County. Its proximity to downtown Lemont, Interstates 355 and 55, major retail centers, the train station, and Lemont High School makes it highly desirable. The building's recent renovation includes updated lighting and a soon-to-be-completed parking lot upgrade, enhancing its curb appeal. Annual property taxes are $4 per square foot. This is an ideal location for businesses seeking high visibility and convenient access to major transportation routes and amenities. Don't miss this chance to secure a prime space in a thriving community.
-
ATM Atm
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.