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Freestanding Retail/Medical Drive-Thru
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16732 W 159th St, Lockport, IL 60441

Newer all-brick former bank building with two covered drive-thru lanes and monument signage, plus 21 on-site parking spaces.

Property Size3,620 SF
Lot Size0.87 Acres
Days on Market868

Property Features for 16732 W 159th St

General Information

Standard status Active
Size 3,620 SF
Total Parking Spaces 21
Lot size 0.87 Acres
Property subtype OFFICE

Site & Location

Corner Location Yes
Drive-Thru Yes
Highway Access Yes
Road Access Yes

Amenities

monument signage structure

Building Details

Buildings 1
Construction brick
Listing Agency: Brookline Real Estate
Listed By: Bill Lundy
Source: Moodyscre
Added: Apr 29, 2024 Changed: Sep 11 Last Checked: Sep 13 at 4:19AM

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 Brookline Real Estate

Investment Insights

Based on property information with market context.

16732 W 159th Street is a newer construction, all-brick, free-standing building with approximately 3,620 square feet. The property has been remarkably maintained and is set up with customer-access parking in front and rear lots, for a total of 21 parking spaces. Two covered drive-thru lanes and monument signage are included, supporting a variety of retail or service uses where drive-thru access is important.

The building is positioned at the northeast corner of 159th Street and Farrell Road, with immediate accessibility to I-355. It is directly adjacent to Walgreens with shared ingress/egress, and the site includes access from two streets. The surrounding area is anchored by numerous national retailers, and nearby development activity includes a new car dealership.

With its free-standing configuration, maintained exterior, and drive-thru infrastructure, this property can be well suited for an owner-user or an investor seeking a retail or medical-oriented location in the Lockport area.

Key Highlights

  • 3,620 SF all‑brick, free‑standing former bank building on approx. 0.87 acres in Lockport
  • Two covered drive‑thru lanes and monument signage structure, suitable for restaurant or medical uses
  • 21 total on‑site parking spaces in front and rear lots with access from two streets and adjacent Walgreens

Property Analytics

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Current Use

Storefront properties

Suggested Use

Top Pick Daycare Center Hair Salon (Bike/Boat/Book/etc) Store Law Firm Electrical Service Big Box & Wholesale Store

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

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

39
Businesses Nearby
Well-served
Demand for This Use

Demographics for 60441, IL

37,093
Population
13,249
Households
2.8
Avg Household Size
38
Median Age
36%
College-Educated
92%
High-School Grad
28.1 sq mi
ZIP Area
1,320
Density / Sq Mi
$104,271
Median Household Income
$54,665
Median Earnings
$1,488
Median Rent
$287,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Storefront property - Newer all-brick former bank building with two covered drive-thru lanes and monument signage, plus 21 on-site parking spaces.
Where is this storefront property located?
The property is located at 16732 W 159th St Lockport, IL.
What are key features of this property?
This property features: 3,620 SF all‑brick, free‑standing former bank building on approx. 0.87 acres in Lockport; Two covered drive‑thru lanes and monument signage structure, suitable for restaurant or medical uses; 21 total on‑site parking spaces in front and rear lots with access from two streets and adjacent Walgreens
(630) 590-5910 Call to check price and availability
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