15249 W 159th St Lockport, IL 60441
4.92 acre commercial corner lot in Lockport, Illinois.
Type:Land
Lot size:
4.92 Acres- Added:
- Oct 20, 2023
- Days on Market:
- 912
- Last Refresh:
- Mar 17 at 1:24 pm
Property Features for 15249 W 159th St
General Information
- Standard status
- Active
- Lot size
- 4.92 Acres
- Property subtype
- Land
Listing agent Jeff Jakob License #IL706166
Listing office Coldwell Banker Commercial Real Estate Group
Listing date Oct 20, 2023
Source Crexi
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
Overview
Prime Commercial Corner Lot
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.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Commercial land
Location Insight
- Map
- Local Demand
- City
- Lockport
- County
- Will
- State
- Illinois
- Longitude
- -87.9952
- Latitude
- 41.6004
Nearby Similar for Sale
FAQs
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.
