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Financial
Distress signals
Property profile

818 State St Lemont, IL 60439

FOR SALE
Retail space
Property ID
US28-5842382
0.15 ac lot Built 1888
Last sale Oct 2005 · $350,000
Individually Owned Owner of record is an individual. 20-yr Hold Held for 20 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property in Lemont, Illinois is configured as an established deli and convenience store with operational food-retail space. It includes equipment, inventory, and personal property associated with continued food-retail operations, and it is set up to support an ongoing retail component. The building is located on a heavily traveled commercial street with high daily vehicle traffic. A second-floor level provides four private rooms that can potentially support professional office use or other approved uses, subject to village approval.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2022

What does the county charge?
$13k
Tax billed · 2022
Assessed value$53k
Assessed land$12k
Assessed improvement$41k
Effective rate24.28%

Value estimate

· Oct 2026
$320k
$288k – $352k
AI approach$320k
NOI build-up
Gross scheduled income$77k
Vacancy & credit loss−$5k
Operating expenses−$18k
NOI · 7.65% cap applied$54k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$149/SF
County average, outlier-cleaned · 2350 recorded sales of this use type
Observed band · Q1–Q3$70 – $271

Cap rate analysis

How does the asset earn?
7.65%
$54k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionCOOK

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand index
Law Firm12.6
Bakery9.9
Garden Center9.5

Location

818 State St Lemont, IL 60439
County assessor Recorded deeds · 5 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 11 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
316 Canal, Lemont, IL 60439-3604 $530,000 Jun 2025 No data
12350 Derby, Lemont, IL 60439-9790 $1,400,000 Jan 2025 1,161 SF
112 Main, Lemont, IL 60439-3641 $750,000 Jan 2025 No data
14315 Mccarthy, Lemont, IL 60439-9384 $498,000 Dec 2024 No data
1052 State, Lemont, IL 60439-4257 $16,650,000 Aug 2024 No data
110 Main, Lemont, IL 60439-3623 $430,000 Feb 2024 No data
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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