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    1 home
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    PendingPrice Reduced $205,000
    400 E Illinois Street, Lemont, IL 60439
    $995,000
    2,250sqft
    acres
    Commercial Mixed-use for Sale

    400 E Illinois Street, Lemont, IL 60439

    Listing by: Coldwell Banker Realty
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    Display of MLS Data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals.
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    Chicagoland Homes
    400 E Illinois Street, Lemont, IL 60439
    400 E Illinois Street, Lemont, IL 60439
    400 E Illinois Street, Lemont, IL 60439
    Pending
    Price Reduced $205,000
    $995,000 $205,000 
    2,250sqft
    acres

    400 E Illinois Street, Lemont, IL 60439

    Commercial Mixed-use for Sale by Charles GroebeColdwell Banker Realty.

    Data checked 4 mins ago. Listing last updated 166 days ago.
    1. Overview
    2. Details
    3. More 

    Discover a unique business opportunity in the heart of Historic Lemont with this completely renovated and rebuilt mixed-use corner building. Perfectly situated just one block from Main Street and close to public transportation, this property offers incredible potential as both an income producer and a thriving business location. This prime corner lot, measuring 50x45 feet, boasts a total building area of approximately 4,200 square feet. On the ground level, you'll find two completely renovated storefronts: an office space of approximately 1,000 square feet and a business corner storefront of roughly 1,200 square feet. Additionally, there is a lower-level basement for extra storage or utility space. The second level features two completely renovated 2-bedroom apartments, each approximately 1,050 square feet. The current rents for these units are low, presenting an opportunity for an increase to match current market rates. The property underwent a full renovation, including a new roof, interior finishes, and all mechanical equipment. The streetscape has been upgraded with new sidewalks and curbs, enhancing the overall appeal. Located just one block from Main Street, this property is conveniently close to public transportation and offers easy access to major highways I-55 at Lemont Rd., I-294, and I-355. This like-new property is a must-see for anyone to invest in this vibrant community. This is an exceptional opportunity with its prime location, extensive renovations, and potential for increased rental income. Schedule a viewing today.

    Internet Serviceability
    Details
      Property type
    Commercial Sale
      Year built
    1857
      Heating
    -
      Cooling
    Central Air
      Garage
    No
      Parking spots
    -
    MRD11958491
    MLS ID
    Pending
    Status
    01-09-2024
    On market date
      Pets allowed
    Lot features
    Monthly taxes
    $745
    Yearly taxes
    $8,936
    Schools
    -
    Maintenance
    -
    Additional Fees
    -
    Open Houses
    In-Person
    No upcoming in-person open houses
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    No upcoming virtual open houses
    Contact Agent
    Charles Groebe
    Charles Groebe
    Direct 
     
    Location
    Heart of Downtown Lemont, Illinois Street and Lemont St. Go east 1 block to two story corner bldg. on the SEC.
    For Sale Nearby
    No nearby homes are For Sale Nearby.
    Recently Sold
    No nearby homes have been Recently Sold.
    400 E Illinois Street, Lemont, IL 60439, is a 2250 sqft. Mixed Use built in 1857. This property is currently available for sale and was listed on Mainstreet REALTORS® on 1-9-2024. The MLS# for this Mixed Use is MLS# MRD11958491.
    Display of MLS Data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals.
    Copyright ©2025 Mainstreet REALTORS®