159th St And Thornton St Lockport, IL 60441
- Land
- 6.63 lot acres
Current Use by Public Records
- Land
Property Details for 159th St And Thornton St
- Lot size
- 6.63 lot acres
- Property type
- Land
Description
This exceptional 6.63-acre commercial land offering presents a unique investment opportunity in Lockport, Illinois. Strategically located at the intersection of 159th Street and Thornton Street, this property enjoys unparalleled visibility and accessibility. Situated just half a mile west of the I-355 interchange at a newly installed stoplight, ensuring high traffic volume and excellent exposure for any commercial venture. The lots are fully improved, featuring readily available sanitary sewer and water connections, along with off-site detention, eliminating costly infrastructure development. The strong demographics of the area further enhance the investment potential. A significant advantage is the parking lot easement, providing each lot with a 15% credit towards required parking spaces. This easement allows businesses to utilize parking at the adjacent DuPage Medical Group at no cost, significantly reducing development expenses and maximizing operational efficiency. This turnkey solution offers immediate development potential, making it an ideal location for a variety of commercial uses. The property's location in Will County, Illinois, with a zip code of 60441, provides easy access to major transportation routes and a thriving local community. This is a rare opportunity to acquire fully serviced commercial land in a high-demand area.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Lockport
- County
- Will
- State
- Illinois
- Longitude
- -88.0399
- Latitude
- 41.5974
