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    16610 W 159 St Lockport, IL 60441

    For Sale
    $700,000

    Office - Lockport, IL

    Type:Office
    Property size:
    4,000 SF
    Days on Market:
    108
    Last Refresh:
    Dec 5 at 10:06 pm

    Property Features for 16610 W 159 St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Office
    Standard status
    Active
    Zoning
    OFFIC
    APN
    1505183050581004
    Size
    4,000 SF

    Utilities

    Cooling system
    Central Air

    Building Details

    Year built
    2006
    Architectural style
    Other

    Century 21 Pro-Team (708) 398-6400 [email protected]

    Listing agent Mike McCatty (708) 361-0800 License #471002650

    Listing date Aug 20, 2025

    MLS# 12440771 Listing URL

    Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Lockport Office Building Investment Opportunity

    This one-story, all-brick office building includes a full basement and nine-foot ceilings. It is located on a high-traffic stretch off 159th Street and offers generous parking. The property is situated in a community of multi-use buildings and neighbors a new residential rental development. The layout features a vestibule entry into a lobby with an adjacent reception area, as well as a side entry. The main level includes 6 office areas, a wet bar, and a bathroom. An elevator and staircase provide access to the finished basement, which includes a large conference room, an eat-in kitchen, a bathroom, and numerous closets and storage areas. The building features high-efficiency central air conditioning and 80% efficient gas forced air. The location is walkable to Jewel, Walmart, Walgreens, and various dining options, and a short drive to I-355. Currently rented through 11/2026 at $6,000 per month.
    Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Nail Salon Kitchen & Bath Food Market

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lockport
    County
    Will
    State
    Illinois
    Longitude
    -87.9952
    Latitude
    41.6004

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    FAQs

    What type of property is this?
    Office building - One-story office building with full basement and high-traffic location.
    Where is this office building located?
    The property is located at 16610 W 159 St Lockport, IL.
    What is the asking price?
    The asking price for this property is $700,000.
    What are key features of this property?
    This property features: - Currently rented through 11/2026 at $6,000/month (8% CAP rate), offering immediate investment income.; - High-traffic location off 159th, near a new residential rental development and multi-use buildings.; - All-brick, one-story office building with a full, finished basement, providing ample space.
    (708) 361-0800
    Request Owner's contact information
    16610 W 159 St Lockport, IL 60441
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    Lockport, IL 60441
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    16610 W 159 St Lockport, IL 60441
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