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    16610 W 159 St, Unit 103 Lockport, IL 60441

    Sponsored
    For Sale
    $700,000

    COMMERCIAL - Lockport, IL

    Type:Office
    Days on Market:
    136
    Last Refresh:
    Jan 8 at 3:06 am

    Property Features for 16610 W 159 St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Office
    Standard status
    Active
    Zoning
    OFFIC
    APN
    1505183050581004

    Utilities

    Cooling system
    Central Air

    Building Details

    Year built
    2006
    Floors in Building
    1
    Building materials
    Brick

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

    Listing agent Mike McCatty (708) 945-2121

    Listing date Aug 26, 2025

    Copyright © 2026 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

    This one-story, all-brick office building with a full basement offers investment potential. The building features nine-foot ceilings and is situated on a high-traffic stretch off 159th Street. Generous parking is available around the units. The property is located in a community of multi-use buildings and neighbors a new residential rental development. The property includes a vestibule entry into a lobby with an adjacent reception area, as well as a side entry. The main floor features six 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 is equipped with high-efficiency central air conditioning and 80% efficient gas forced air. It is conveniently walkable to Jewel, Walmart, Walgreens, and various dining options and is a short drive to I-355. The property is currently rented through November 2026 at $6,000 per month.
    Property Profile Insight Report 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, Unit 103 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, neighboring a new residential rental development and multi-use buildings.; - **Full finished basement with conference room, eat-in kitchen, bathroom, and ample storage, effectively doubling usable space.**
    (708) 945-2121
    Request Owner's contact information
    16610 W 159 St, Unit 103 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, Unit 103 Lockport, IL 60441
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