$995,000 SALE
Multi-Family
4,200 SF
400 E Illinois
Lemont, IL 60439 400 E Illinois; Lemont, IL 60439



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.


Property Type Multi-Family
Level Number 2
Lot Dimensions 50x45
Sub-Lease 4
Zoning Comm
Tax Year 2022
Listing ID XBMGGB
Style Other Style
Building Size 4,200 SF
Lot Size 2250 AC
Taxes $7,163
Area Description

Region: Illinois - Northeast

Region: Southwest

Region: Noth America

Region: Lemont

Region: Central Midwest

Property Features
Water: City Water
Age: Over 50 Years Old
Lot Size: Under 1/2 Acre
Basement: Partial
Sewer: City