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    159 W St Lockport, IL

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    For Lease
    Contact for pricing

    Outlot opportunities next to national retailers, shadow-anchored by Walmart & Jewel/Osco.

    Lot size:
    12.00 Acres

    Property Features for 159 W St

    General Information

    Lot size
    12.00 Acres

    Source: Mid-America Real Estate Group Agent Dick Spinell

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

    Overview

    Retail Outlot Opportunities Available

    Final outlot opportunities are available on 159th Street, adjacent to Panera, MOD Pizza, Chipotle, and Popeyes. The location is shadow-anchored by Walmart and Jewel/Osco. Multi-tenant outlot opportunities are present. A Jeep/Dodge/Chrysler dealership is scheduled to open in 2022. The property is adjacent to the I-355 interchange, which experiences over 47,000 vehicles per day. 506 new housing units have been constructed in the last four years. New residential developments plan to build 269 single homes and 374 luxury apartments and townhomes.
    Location Intelligence

    Current Use by Public Records

    Shopping centers

    Similar Places Nearby

    Regency Point Shopping Center, Clover Ridge Plaza, Summit Plaza

    Map

    City
    Lockport
    County
    Will
    State
    Illinois
    Longitude
    -88.057837
    Latitude
    41.5894752

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    FAQs

    What type of property is this?
    Shopping center - Outlot opportunities next to national retailers, shadow-anchored by Walmart & Jewel/Osco.
    Where is this shopping center located?
    The property is located at 159 W St Lockport, IL.
    What are key features of this property?
    This property features: - High-traffic location adjacent to I-355 interchange with over 47,000 vehicles per day (VPD).; - Shadow-anchored by Walmart & Jewel/Osco.; - Located next to Panera, MOD Pizza, Chipotle & Popeyes.
    (630) 954-7300
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    Lockport, IL
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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
    159 W St Lockport, IL
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