159th St And Thornton St Lockport, IL 60441
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.