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431-447 Talcott St
Lemont, IL 60439
Retail Property For Sale
Investment Highlights
- Located in downtown Lemont along the historic I&M Canal corridor.
- Multi-tenant configuration supports diversified revenue and occupancy stability.
- Waterfront setting features terraces, balconies, patios, and pedestrian-oriented access.
- Positioned within Lemont's walkable downtown district near restaurants, shops, and community attractions.
Executive Summary
Prime Investment Property in Downtown Lemont
Commercial lower level and 6 residential units above.
Commercial lower level and 6 residential units above.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
19,433 SF
Building Class
B
Year Built
2006
Cap Rate
5.77%
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
2.03
Lot Size
0.22 AC
Parking
12 Spaces (0.71 Spaces per 1,000 SF Leased)
Frontage
64’ on Talcott Ave
Amenities
- Signage
- Balcony
Property Taxes
| Parcel Numbers | Improvements Assessment | $148,536 | |
| Land Assessment | $6,826 | Total Assessment | $155,362 |
Property Taxes
Parcel Numbers
Land Assessment
$6,826
Improvements Assessment
$148,536
Total Assessment
$155,362
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