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    OFF-MARKET
    Auto shops

    926 Main St, Lemont, IL 60439-3766

    0.24 ac lot Built 1958
    Entity Owned 21-yr Hold Free & Clear
    Property ID
    US28-2028479
    Property summary
    AI-generated overview

    This exceptional 5,000 square foot commercial/industrial warehouse presents a rare investment opportunity in the heart of historic downtown Lemont, Illinois. Situated on a 0.71-acre lot comprised of three parcels, this property is being offered for sale for the first time. Previously used as an automotive body shop, its versatile layout offers a multitude of potential uses, including warehouse operations, storage, restaurants, event spaces, fitness centers, or recreational facilities. The warehouse itself boasts dimensions of approximately 50 feet wide by 100 feet deep, providing a spacious and adaptable floor plan. The building features three 12-foot service doors, a 14-foot interior ceiling height, and a Flexicore rooftop construction, allowing for potential future expansion. The adjacent parcels offer further redevelopment possibilities, enhancing the overall investment potential. A significant advantage is the ample parking, with 40-50+ spaces available, a rare find in this desirable downtown location. This property offers a unique blend of size, location, and adaptability, making it an ideal investment for a wide range of commercial ventures. The blank slate interior allows for complete customization to suit any business needs. Don't miss this chance to acquire a substantial property in a thriving downtown area.

    Property profile
    Verified
    Property type Auto shops
    Use group AUTO REPAIR, GARAGE
    Year built 1958
    Lot 0.24 ac (10,600 SF)
    APN 22-20-425-003
    UPID US28-2028479
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Reed's Automotive Enterprises Auto Repair Shop
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Pn Sullivan Dev LLC · 21 yrs held
    Pn Sullivan Dev LLC
    since 2005
    Last sale
    $360,000
    2 recorded transactions
    2005
    2000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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