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Lemont, IL 1240 State St 24,156 SF Vacant Retail Building Lemont, IL 60439 $1,500,000 ($62.10/SF)
INVESTMENT HIGHLIGHTS
- +/- 24,156 SF Outlot at Centennial Plaza
- +/- 2,000 to 9,800 SF Retail Opportunity
- Subject to Association Approval
- Jewel-Osco Anchored Plaza | 100% Occupied
- Drive-thru Opportunity | Signalized intersection
EXECUTIVE SUMMARY
SVN Chicago Commercial is pleased to present a ground lease opportunity at Centennial Plaza in Lemont, Illinois. Centennial Plaza is in the prime retail corridor along 127th and State Street with high visibility. This 15 unit strip center is shadow anchored by Jewel-Osco. Join this multi-tenant mix of National and Local tenants include ATI Physical Therapy, Hair Cuttery, AnytimeFitness, School of Rock, UPS Store, L.A. Tan, Fork & Spoon Restaurant and more. Population over 25,335 with average household income exceeding $119,700 within a 3-mile radius. Various site plan options including drive-thru opportunity. Perfect location for fast food, QSR, medical, dental or other retail uses.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
24,156 SF
Building Class
B
Year Built
2027
Construction Status
Proposed
Price
$1,500,000
Price Per SF
$62.10
Percent Leased
Vacant
Building Height
1 Story
Building FAR
0.12
Lot Size
4.81 AC
NEARBY MAJOR RETAILERS
Fifth Third Bank
PROPERTY TAXES
| Parcel Number | 22-32-107-014-0000 | Improvements Assessment | $848,242 |
| Land Assessment | $367,344 | Total Assessment | $1,215,586 |
PROPERTY TAXES
Parcel Number
22-32-107-014-0000
Land Assessment
$367,344
Improvements Assessment
$848,242
Total Assessment
$1,215,586
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Lemont, IL | 1240 State St
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