1260 159Th St Lockport, IL 60441
This exceptional .98-acre commercial lot in Lockport, Illinois, presents a remarkable investment opportunity. Located at 1260 W 159th St, 60441, this property boasts a prime location within Lockport's burgeoning new development zone, ensuring high visibility and accessibility. The lot is already zoned C3, simplifying the development process. All utilities are conveniently in place, along with an existing asphalt parking lot, saving significant time and expense on infrastructure development. The property comprises four lots with four separate PIN numbers, offering flexibility for various development scenarios. Its strategic position provides easy access to I-355, just half a mile away, enhancing its appeal to businesses and investors. This is a chance to capitalize on Lockport's thriving commercial sector and establish a successful enterprise in a high-traffic area. The asking price is $399,000. Don't miss this opportunity to build your vision in a prime Lockport location.
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
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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.