Technical
Financial
Distress signals
Property profile

1260 159Th St Lockport, IL 60441

OFF-MARKET
Land
0.5 ac lot
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Land
Lot 0.5 ac (21,780 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1260 159Th St Lockport, IL 60441
Lockport metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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