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Unincorporated Land Parcel in Lockport
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1400 Smith Road, Lockport, IL 60441

Land banking opportunity near upcoming residential development and I-355.

Property Size177,724 SF
Lot Size4.08 Acres
Price / SF$2.95
Days on Market2777

Property Features for 1400 Smith Road

General Information

Standard status Active
Size 177,724 SF
Lot size 4.08 Acres
Property subtype Land, Multifamily, Retail
Zoning AGRIC
Listing Agency: RE/MAX Newport Elite
Listed By: Marc Frisco · License #Wi 56189-90
Source: Crexi
Added: Apr 1, 2019 Changed: Nov 4 Last Checked: Nov 6 at 5:55AM

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 RE/MAX Newport Elite

Rey
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Investment Insights

Based on property information with market context.

This parcel of land is located directly north of the recently announced Big Run residential development, a mixed-use project scheduled to include over 500 units. The anticipated ingress/egress for the development will be directly across from this parcel. The property is currently unincorporated Lockport in DuPage Township and is actively farmed, resulting in minimal holding costs. Property taxes are reported to be under $100 annually. This land offers an ideal "land banking" opportunity and is located minutes from the I-355 (Archer) Interchange, Downtown Lemont, and Lockport. The property size is 177724 square feet.

Key Highlights

  • Directly north of a planned 500+ unit mixed‑use development with anticipated direct ingress/eg

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Suggested Use

Top Pick Law Firm Auto Parts Store Plumbing Service Building Supply (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom

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

19
Businesses Nearby

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
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Market

Properties on Market for Agricultural land / Farmland in Will County

Jul
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Frequently Asked Questions

What type of property is this?
Agricultural land / Farmland - Land banking opportunity near upcoming residential development and I-355.
Where is this agricultural land / farmland located?
The property is located at 1400 Smith Road Lockport, IL.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: Directly north of a planned 500+ unit mixed‑use development with anticipated direct ingress/eg
(262) 705-0112 Call to check price and availability
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