This Multifamily Property is no longer advertised on LoopNet.com.

320 River St
Lemont, IL 60439
Lemont Commercial Condos Front Street Lofts · Multifamily Property For Sale · 82 Units

Executive Summary

– ALMOST SOLD OUT: only 8 units remain, 2 in contract – Only 6,751 Sq Ft of retail / office space (8 units) remaining; 22 commercial units SOLD in growing mixed-use development along downtown Lemont Riverwalk – Located on ground level of luxury 82-unit fully-occupied residential condo complex, with existing residents and commuters providing built-in customer base – Situated in the heart of downtown, just steps away from Lemont Metra station – Retail spaces divisible from 832 to 4,838 Sq Ft–perfect for boutique, salon, spa, yoga studio, medical, or office use – Municipal garage in the rear of the building with 262 parking spaces provides parking for residential residents, retail / office tenants and customers and Metra commuters (free 4-hour / overnight parking & all day employee / commuter parking available with purchase of monthly pass from Village) – Assessments of approx $2.01/Sq Ft per year (2019) include all common area utilities, water, common area insurance, building exterior maintenance, common area cleaning, fire alarm/sprinkler system maintenance & snow removal (assessed to sold units only / unsold units will begin to split these costs as the units are sold and budget / unit share is re-calculated) – Commercial units are responsible for own utilities and trash removal – Existing businesses include Next Mex & Edward Jones, Primerica, and River Nail Studio – A new cafe, children’s playspace, and amusement park office & bike shop COMING SOON (units sold, buyers currently working on permits / construction) – Build to suit options may be available

Property Facts

The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
No. Units 82
Property Type Multifamily
Property Subtype
Apartment
  • General Retail Restaurant
Apartment Style Mid-Rise
Building Class A
Lot Size 2.75 AC
Building Size 119,363 SF
No. Stories 5
Year Built 2008
Parking Ratio 2.78/1,000 SF
No. Drive In / Grade-Level Doors 2
APN / Parcel ID
22-20-300-029-0000
  • 22-20-300-041-1001
  • 22-20-300-041-1025
  • 22-20-300-041-1034
  • 22-20-300-041-1040
  • 22-20-300-041-1041
  • 22-20-300-041-1048
  • 22-20-300-041-1061
  • 22-20-300-041-1075

Amenities

Unit Amenities

  • Air Conditioning
  • Balcony
  • Fireplace
  • Microwave
  • Washer/Dryer Hookup
  • Heating
  • Granite Countertops
  • Hardwood Floors
  • High Speed Internet Access
  • Refrigerator
  • Stainless Steel Appliances
  • Tub/Shower
  • Wheelchair Accessible (Rooms)

Site Amenities

  • 24 Hour Access
  • Tenant Controlled HVAC
  • Planned Social Activities
  • Recycling
  • Trash Pickup - Curbside
  • Walking/Biking Trails
  • Elevator
  • Walk-Up
  • Smoke Detector
  • Listing ID: 8497906

  • Date on Market: 8/5/2017

  • Last Updated:

  • Address: 320 River St, Lemont, IL 60439

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}