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    16341 W 159 St Lockport, IL

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    For Lease
    Contact for pricing

    Freestanding building with drive-thru opportunity in Lockport, Illinois.

    Property size:
    1,100 SF
    Lot size:
    2.54 Acres

    Property Features for 16341 W 159 St

    General Information

    Size
    1,100 SF
    Lot size
    2.54 Acres

    Source: Mid-America Real Estate Group | Chicago Agent Brendan Reedy

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

    Overview

    Lockport Retail Building with Drive-Thru

    A freestanding building offering a drive-thru opportunity is available for rent. Flexible outlot plan options are available for single or multi-tenant building configurations. The property is located in the heart of the Lockport market, benefiting from excellent co-tenancy and visibility on 159th Street. Monument and pylon signage options are available. The location benefits from nearly 20,000 vehicles per day. The property has a size of 1100 square feet and is suitable for drive-through restaurants, restaurants, retail properties, retail space, and individual retail properties.
    Location Intelligence

    Current Use by Public Records

    Drive through restaurants

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Lockport
    County
    Will
    State
    Illinois
    Longitude
    -88.057837
    Latitude
    41.5894752

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    FAQs

    What type of property is this?
    Drive through restaurant - Freestanding building with drive-thru opportunity in Lockport, Illinois.
    Where is this drive through restaurant located?
    The property is located at 16341 W 159 St Lockport, IL.
    What are key features of this property?
    This property features: - Drive-thru opportunity available.; - Excellent visibility on 159th Street.; - Located in the heart of the Lockport market.
    (630) 954-7327
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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
    16341 W 159 St Lockport, IL
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