Commercial Development
16360 W 159th Street Lockport, IL 60441
16360 W 159th Street, Lockport, IL, 60441
$1,998,000
For Sale
$1,998,000
Commercially zoned land near the I-355 interchange, positioned across from Lockport Square Shopping Center for new retail development.
Lot Size2.00 Acres
Days on Market50
Property Features for 16360 W 159th Street
General Information
- Standard status
- Active
- Lot size
- 2.00 Acres
- Property subtype
- Land
Listing agency
Caton Commercial
(708) 289-8912
Listed by
Matthew Maul · License #475156204
Source
Catoncommercial
Added: Jun 2 Updated: Jul 10 at 1:47PM Checked: Jul 21 at 6:39AM
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Investment Insights
Based on property information with market context.
This offering presents a 2-acre parcel of commercial land zoned for commercial use, with the flexibility to support new retail development. The site’s configuration is straightforward for planning and layout, and it is presented as a clean opportunity for an owner or developer seeking a purpose-built commercial location.
The property is located on 159th St. (Route 7) in Lockport, IL, just off the I-355 interchange. It also sits across from Lockport Square Shopping Center, placing it in an established retail corridor where customers already shop and drive-through traffic is supported by nearby commercial activity. The seller notes low Will County taxes, which may be an important factor for longer-term operating and development planning.
For tenants, buyers, and operators, the commercial zoning and prominent road frontage make this parcel well-suited for a range of retail concepts, subject to approvals and final site plan requirements. Its access to major regional routes and proximity to an existing shopping center can help support visibility and customer convenience for an incoming development.
The property is located on 159th St. (Route 7) in Lockport, IL, just off the I-355 interchange. It also sits across from Lockport Square Shopping Center, placing it in an established retail corridor where customers already shop and drive-through traffic is supported by nearby commercial activity. The seller notes low Will County taxes, which may be an important factor for longer-term operating and development planning.
For tenants, buyers, and operators, the commercial zoning and prominent road frontage make this parcel well-suited for a range of retail concepts, subject to approvals and final site plan requirements. Its access to major regional routes and proximity to an existing shopping center can help support visibility and customer convenience for an incoming development.
Key Highlights
- 2 acres of land zoned for commercial use on 159th St. (Route 7)
- Located just off the I‑355 interchange
- Across from Lockport Square Shopping Center
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Commercial land
Similar For Sale Nearby
FAQs
What type of property is this?
Commercial land - Commercially zoned land near the I-355 interchange, positioned across from Lockport Square Shopping Center for new retail development.
Where is this commercial land located?
The property is located at 16360 W 159th Street Lockport, IL.
What is the asking price?
The asking price for this property is $1,998,000.
What are key features of this property?
This property features: 2 acres of land zoned for commercial use on 159th St. (Route 7); Located just off the I‑355 interchange; Across from Lockport Square Shopping Center
