502 Talcott Avenue, Lemont, IL 60439
Cook County
Key Facts
Description
Rare opportunity alert! Bring your own builder and your architectural vision to 502 Talcott Avenue, a prime parcel of land tucked into one of Lemont's most highly desirable downtown area. Skip the cookie-cutter subdivisions and design a home tailored completely to your lifestyle. This location offers the absolute best of "walkable suburban living." You are just a short, tree-lined stroll away from Lemont High School (a recognized Blue Ribbon school) and the vibrant, historic downtown district, bursting with acclaimed local restaurants, boutique shopping, craft breweries, and family-friendly community events. For outdoor enthusiasts, the renowned Forge Adventure Park and scenic I&M Canal trails are practically in your backyard. Did I mention this land is already zoned for Mixed-Use and Commercial?!?! With easy access to the Metra station and major expressways, commuting into Chicago is a breeze. Utilities are available at the site, significantly streamlining your pre-construction phase. Don't wait on this one-vacant lots in this pocket of Lemont are incredibly hard to find!
Property Information
Property Type
Land
Lot Dimensions
50 x 128
Ownership
Fee Simple
Days on Market
7
MLS® Listing#
12672660
Property Features
Financial Details
Annual Taxes
$4,156
Tax year 2023
Parcel Number
22204060130000
Directions
I55 to Lemont Rd South. East on E Illinois St. North on Stephen St. East on Talcott Ave to address.
Affordability Calculator
$60,000
Estimated monthly payment
$1,597/mo
Principal $240,000 · Est. interest $334,821 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Lemont, IL
- $714,286
- Median Listing Price
- 36
- Median Days on Market
- 2,597
- Median Sq Ft
- $299
- Median Price / Sq Ft
- 58
- Active Listings
- This home’s price is 58% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Lemont, IL.
Location
Map is currently unavailable for this location.
Points of Interest in Lemont, IL
Showing the Lemont area map.
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 400 Mccarthy Road 421, Lemont, IL | $214,500 | 2 | 1 | 1,250 |
| 1201 Leinster Drive, Lemont, IL | $249,900 | — | — | — |
| 604 Illinois Street, Lemont, IL | $280,999 | 2 | 2 | 1,344 |
| 12915 Archer Avenue, Lemont, IL | $289,000 | — | — | — |
| 14915 E 127th Street 103, Lemont, IL | $289,000 | 1 | 1 | 900 |
| 521 Mccarthy Road, Lemont, IL | $310,000 | 2 | 1 | 1,080 |
Moving Cost Estimate
EXIT Agents in Lemont
Listing Courtesy: Keller Williams Preferred Rlty - 7087981111
Last Updated: 2026-06-16