12331 159Th St Lockport, IL 60491
- Land
- 14.24 lot acres
Current Use by Public Records
- Land
Property Details for 12331 159Th St
- Lot size
- 14.24 lot acres
- Property type
- Land
Description
This exceptional 14.24-acre property in Lockport, Illinois, presents a unique dual-zoned development opportunity. The site boasts 4.61 acres of commercially zoned land (C1), offering approximately 200,811 square feet suitable for retail or commercial ventures. This area is conveniently located on 159th Street, just west of South Will/Cook Road, providing easy highway access. Additionally, 9.63 acres are zoned for residential use (A1), encompassing roughly 419,482 square feet ideal for single-family home construction. The property is surrounded by existing single-family homes on three sides, creating a desirable residential setting. The 2022 property taxes totaled $7,893.24. This prime location offers developers a chance to create a mixed-use development or focus solely on either commercial or residential projects. The property's address is 12331 W 159th St, Lockport, IL 60491, with APN 1605242000020000. The asking price is $2,102,700. This is a rare chance to acquire a substantial parcel of land with significant development potential in a growing area. The property's zoning allows for flexibility in development plans, making it an attractive investment for discerning buyers. The convenient location and access to major roadways further enhance its appeal. Bring your vision and collaborate with the village to realize the full potential of this exceptional property.
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
- -87.9188
- Latitude
- 41.5983
