Address
16732 W 159th Street, Lockport, IL
Price
$ 1,200,000
Property Attributes
  • MLS#11816982
  • TypeCommercial
  • CountyWILL
  • CityLockport
  • AreaHomer - Lockport
  • Zip60441
  • Style
  • Year Built2006
  • Taxes$ 37577
  • Price$ 1,200,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage3620
  • Lot Size0.869995 Acres
Data Source:
Midwest Real Estate Data (MRED)
Property Description

We are proud to present the opportunity to acquire a newer construction retail property positioned in a strong, transit-oriented location in the Chicago suburb of Lockport. 16732 W 159th Street contains a total of 3,620 square feet on approximately 0.87 acres. Immediately accessible to I-355 at the northeast corner of 159th Street and Farrell Road, the building benefits greatly from its position among dozens of national retailers, and directly adjacent to Walgreens with shared ingress/egress. More nearby developments are currently being completed and underway including a new car dealership. Perfect for either an owner/user or investor, the all-brick, free-standing former bank building has been remarkably-maintained and offers its visitors 21 total parking spots in front and rear lots accessible from two streets and the adjacent Walgreens. The property features two covered drive-thru lanes and a monument signage structure - ideal for restaurant or medical uses. The asset is densely surrounded by national tenants: Walmart, Aldi, Jewel, Starbucks, Walgreens and McDonald's, and features close proximity to Lockport Township High School, Lewis University and Downtown Lockport.

Price History
6/26/2023 Listed $1,200,000

General Features

Cooling Central Air
Year Built 2006
Electric Circuit Breakers
Tenant Pays Other
Stories 1
Property SubType Free Standing Store
Tax Year 2021
County Will
Property Type Commercial Sale
Status Active
Directions From I-355,159th St west to property
City Lockport
MLS Area Homer / Lockport
Lot Size Square Feet 37897
Street Name 159th
Tax Annual Amount 37577
Additional Parcels Y/N No
Leasable Area 3620
Days on Market 11
Standard Status Active
Property Type Retail/Stores

Interior Features

Street Suffix Street

Exterior Features

Building Area Total 3620

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 60441

Price
AVG $250K
$1.2M
Taxes
AVG $46,024
$37,577
Visits
AVG 93
149
Data Provided by Inside Real Estate®
Year Built
AVG 1957
2006
Walkscore
AVG 67
59
Data Provided by Walkscore® not using MLS data

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