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$799,000
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Property Description
Rare 16,637 square foot (212 x 78) vacant parcel located in the heart of downtown Lemont. Offers numerous opportunities for development with potential for retail, residential, multi-use development. Ideal investment opportunity.
Full Property Details
Full Property Details for 523 Talcott Ave
General
- Price: $799,000
- Taxes: $2,420 (2023)
- Status: Active
- Type: Lots/Land
- Source: MRED
- MLS ID: 12020855
- Updated: 1/15/2026
- Added to Site: 655 day(s) ago
Location
- Area: Lemont
- County: Cook
- Township: Lemont
- Driving Directions: Stephen Street to Talcott, east to lot
- Location Details: Mixed-Use Area
School Information
- School District: 113A
- Elem School District: 113A
- Midd School District: 113A
- High School District: 210
- High School: Lemont Twp High School
- Private School: Lemont Twp High School
Utilities
- Onsite: Electricity to Site, Natural Gas Available
Structural Information
- Square Feet: 0.38
- Current Bldg. Use: Development
Lot Features
- Lot Size (Acres): 0.38
- Lot Size (Sq. Ft.): 16,637
- Lot Size Range: .25 to .49 Acre
- Lot Dimensions: 212 x 78
- Frontage: City Street
- Frontage Feet: 212
- Street/Road Desc.: Asphalt
- Potential Use: Commercial, Development, Retail
- Zoning: PUD
Financial Considerations
- Tax Amount: $2,420.11
- Tax Year: 2023
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 22204050560000
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Schools
Schools serving 523 Talcott Ave
School Districts:Lemont Township High School District 210, Lemont-Bromberek Combined School District 113a
| Name | Grades | Distance |
|---|---|---|
Oakwood School 1130 Kim Place, Lemont, IL 60439 | PK-2 | 1.2 mi |
River Valley School 15425 East 127th Street, Lemont, IL 60439 | 3-5 | 1.3 mi |
Old Quarry Middle School 16100 West 127th Street, Lemont, IL 60439 | 6-8 | 1.7 mi |
Lemont Twp High School 800 Porter Street, Lemont, IL 60439 | 9-12 | 0.2 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 523 Talcott Ave
Date
Details
Price
Change
Source
4/04/2024
Listed
$799,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 523 Talcott Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$2,420
-14%
$11,645
—
2022
$2,827
3%
$11,645
—
2021
$2,741
-1%
$11,645
—
2020
$2,769
31%
$11,645
27%
2019
$2,116
—
$9,150
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 523 Talcott Ave
523 Talcott Avenue, Lemont, IL 60439 (MLS# 12020855) is a Lots/Land property with a lot size of 0.38 acres. 523 Talcott Avenue is currently listed for $799,000 and was received on April 04, 2024. Want to learn more about 523 Talcott Avenue? Do you have questions about finding other Lots/Land real estate for sale in Lemont? You can browse all Lemont real estate or contact a Coldwell Banker agent to request more information.

