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Freestanding Retail with Drive-Thru
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16341 W 159th St, Lockport, IL 60441

Freestanding retail outlot with drive-thru opportunity and flexible single- or multi-tenant plan options.

Property Size1,074 SF
Days on Market805

Property Features for 16341 W 159th St

General Information

Standard status Active
Size 1,074 SF
Property subtype RETAIL

Amenities

monument signage
pylon signage
Listing Agency: Mid-America Real Estate Group | Chicago
Listed By: Brendan Reedy
Source: Moodyscre
Added: May 17, 2024 Changed: Jul 27 Last Checked: Jul 29 at 2:51PM

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 Mid-America Real Estate Group | Chicago

Investment Insights

Based on property information with market context.

This freestanding retail building offers a drive-thru opportunity and flexible outlot plan options that can be configured as a single-tenant or multi-tenant building. Monument and pylon signage is available for qualified uses, supporting visibility for the street-facing business.

The property is located in the heart of the Lockport market with co-tenancy and visibility on 159th Street. Traffic counts are described as nearly 20,000 VPD, providing strong day-to-day exposure for retail operations looking for convenient drive-up access.

Total building size is listed at 1,074 square feet.

Key Highlights

  • Freestanding retail outlot with drive‑thru opportunity
  • Flexible outlot plan options for single- or multi‑tenant building
  • Located in the heart of the Lockport market

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Dental Office Building Supply Real Estate Agency HVAC Service Hair Salon Storage Facility

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

409
Businesses Nearby
274k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 55% Shops & Services 21% Groceries 16% Electronics 4%
Jewel-Osco Groceries
44,692 visits/mo 0.3 miles
McDonald's Dining
29,369 visits/mo 0.2 miles
Culver's Dining
21,941 visits/mo 0.4 miles
Dollar Tree Shops & Services
18,091 visits/mo 0.4 miles
Starbucks Dining
16,147 visits/mo 0.2 miles

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

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Freestanding retail outlot with drive-thru opportunity and flexible single- or multi-tenant plan options.
Where is this retail space located?
The property is located at 16341 W 159th St Lockport, IL.
What are key features of this property?
This property features: Freestanding retail outlot with drive‑thru opportunity; Flexible outlot plan options for single- or multi‑tenant building; Located in the heart of the Lockport market
(630) 954-7390 Call to check price and availability
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