Prime Commercial Corner
For Sale
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15249 W 159th St, Lockport, IL 60441
4.92 acre commercial corner lot in Lockport, Illinois.
Lot Size4.92 Acres
Days on Market1015
Property Features for 15249 W 159th St
General Information
Standard status
Active
Lot size
4.92 Acres
Property subtype
Land
Listing Agency:
Coldwell Banker Commercial Real Estate Group
(815) 553-2406
Listed By:
Jeff Jakob · License #IL706166
Source:
Crexi
Added: Oct 20, 2023
Changed: Jul 6
Last Checked: Jul 29 at 1:27PM
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 Coldwell Banker Commercial Real Estate Group
Investment Insights
Based on property information with market context.
This 4.92-acre commercial corner lot is located at 15249 W 159th St, Lockport, IL 60441, in unincorporated Homer Township. Zoned COMMR (Commercial), the property has high potential for various high-demand commercial uses, including a quick-service restaurant with a drive-thru, medical, dental, or professional office building, gas station or convenience store, or a retail strip center. The site benefits from a lack of major retail and quick-service restaurant competition immediately following the I-355 exit. It is located only 1 mile East of the I-355 (Veterans Memorial Tollway) full interchange at 159th Street (Route 7), ensuring constant traffic flow. The property features significant frontage on both 159th Street (approximately 585 ft) and Leach Drive (approximately 354 ft), providing dual-access points. Traffic counts exceed 17,000 vehicles per day on 159th Street. The Lockport/Homer Glen area boasts a strong demographic profile, with the median household income in Lockport approximately $113,252 as of 2023 data. Located in unincorporated Will County/Homer Township, this property benefits from lower Will County property taxes. Utilities, including electric, gas, water, and sanitary sewer, are available nearby at the street. The corner configuration is ideal for subdividing into two or three high-value outlots.
Key Highlights
- Prime corner lot location directly off I‑355 exit with high visibility and easy access.
- High traffic counts (over 17,000 VPD) on 159th Street, ensuring strong customer flow.
- Located in an affluent market with a median household income of approximately $113,252.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
409
Businesses Nearby
Explore this area
Business Placement
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
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Frequently Asked Questions
What type of property is this?
Commercial land - 4.92 acre commercial corner lot in Lockport, Illinois.
Where is this commercial land located?
The property is located at 15249 W 159th St Lockport, IL.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: Prime corner lot location directly off I‑355 exit with high visibility and easy access.; High traffic counts (over 17,000 VPD) on 159th Street, ensuring strong customer flow.; Located in an affluent market with a median household income of approximately $113,252.
