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    1241 E 9Th St Lockport, IL 60441

    For Sale
    Contact for pricing

    3-4 acre commercial land near I-355 and 159th Street.

    Property size:
    123,515 SF
    Lot size:
    123.00 Acres

    Property Features for 1241 E 9Th St

    General Information

    Size
    123,515 SF
    Lot size
    123.00 Acres

    Source: Perry Higa Agent Perry Higa

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Land Available on 159th Street

    Available for sale are 3 to 4 acres situated at the southeast quadrant of 159th Street and Cloveridge Drive, located just west of Farwell Road. The property consists of three parcels with frontage on 159th Street. It is located less than one mile from the full interchange at I-355 and 159th Street. The surrounding trade area exhibits strong demographics.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Lockport
    County
    Will
    State
    Illinois
    Longitude
    -88.0296253
    Latitude
    41.5972516

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    FAQs

    What type of property is this?
    Land - 3-4 acre commercial land near I-355 and 159th Street.
    Where is this land located?
    The property is located at 1241 E 9Th St Lockport, IL.
    What are key features of this property?
    This property features: - Located less than 1 mile from the full interchange at I-355 & 159th Street; - 3-4 Acres Available for Sale; - 3 parcels fronting 159th Street
    (630) 235-2980
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    1241 E 9Th 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
    1241 E 9Th St Lockport, IL 60441
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