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Freestanding Building with Drive-Thru
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16732 West 159th Street, Lockport, IL 60441

3,620 SF freestanding building with drive-thru in Lockport, IL.

Space SizeContact for details
Days on Market149

Property Features for 16732 West 159th Street

General Information

Standard status Active
Property subtype Retail
Listing Agency: CBRE - Oak Brook
Listed By: Les Kristof
Source: Cbre
Added: Mar 25 Changed: Aug 19 Last Checked: Aug 19 at 7:57AM

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 CBRE - Oak Brook

Investment Insights

Based on property information with market context.

The property is a +/- 3,620 SF freestanding building. It is a former bank building with drive-thru lanes and windows still in-tact. The property has shared access with Walgreens from two streets, 159th Street and Farrell Road. It offers immediate access to I-55 and benefits from low taxes in Will County. The property is located in close proximity to Lockport Township High School, Lewis University and Downtown Lockport. Jewel-Osco, Aldi, and Walmart Supercenter are in the surrounding area.

Key Highlights

  • Freestanding 3,620 SF building with drive‑thru lanes and windows.
  • Shared access with Walgreens from two streets (159th Street and Farrell Road).
  • Immediate access to I‑55.

Property Analytics

Current Use

Banks

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

39
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

Market

Vacancy Rate% for Retail in Midwest region

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

What type of property is this?
Bank - 3,620 SF freestanding building with drive-thru in Lockport, IL.
Where is this bank located?
The property is located at 16732 West 159th Street Lockport, IL.
What are key features of this property?
This property features: Freestanding 3,620 SF building with drive‑thru lanes and windows.; Shared access with Walgreens from two streets (159th Street and Farrell Road).; Immediate access to I‑55.
More about this property
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