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Retail Outparcels Near I-355
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SWC 159th Street & I-355, Lockport, IL 60491

Outparcels shadow-anchored by Walmart & Jewel/Osco, near I-355.

Property Size573,500 SF
Days on Market343

Property Features for SWC 159th Street & I-355

General Information

Standard status Active
Size 573,500 SF
Property subtype Retail

Building Details

Building Size 573,500 SF
Listing Agency: Candice Skinner Real Estate
Listed By: Dick Spinell · License #995681735
Source: Midamericagrp
Added: Sep 12, 2025 Changed: Aug 17 Last Checked: Aug 20 at 4:51AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Candice Skinner Real Estate

Investment Insights

Based on property information with market context.

Improved outparcels are available, shadow-anchored by Walmart and Jewel/Osco. The location is adjacent to the I-355 interchange, which experiences over 47,000 vehicles per day. In the last four years, 506 new housing units have been constructed. There are new residential developments planned to build 269 single homes and 374 luxury apartments and townhomes.

Key Highlights

  • Shadow‑anchored by Walmart & Jewel/Osco.
  • Adjacent to I‑355 interchange with over 47,000 VPD.
  • Improved outparcels available.

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Law Firm Parking Lot & Garage Big Box & Wholesale Store Daycare Center Auto Parts Store Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

292
Businesses Nearby

Demographics for 60491, IL

22,999
Population
7,846
Households
2.9
Avg Household Size
45
Median Age
38%
College-Educated
92%
High-School Grad
25.6 sq mi
ZIP Area
898
Density / Sq Mi
$132,788
Median Household Income
$60,770
Median Earnings
$1,604
Median Rent
$404,800
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Retail property - Outparcels shadow-anchored by Walmart & Jewel/Osco, near I-355.
Where is this retail property located?
The property is located at SWC 159th Street & I-355 Lockport, IL.
What are key features of this property?
This property features: Shadow‑anchored by Walmart & Jewel/Osco.; Adjacent to I‑355 interchange with over 47,000 VPD.; Improved outparcels available.
More about this property
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