16360 159 St Lockport, IL 60441
- Land
- 2.00 lot acres
Current Use by Public Records
- Land
Property Details for 16360 159 St
- Lot size
- 2.00 lot acres
- Property type
- Land
Description
This exceptional 2-acre commercial land parcel, located at 16360 W 159th St in Lockport, Illinois (zip code 60441), presents a remarkable investment opportunity. Zoned C3, this property offers significant potential for retail development. The lot size is precisely 2 acres, identified by APN 16-05-18-400-013. Its strategic location provides easy access to Interstate 355, ensuring high visibility and convenient access for customers. The property is situated just off the I-355 interchange and directly across from the established Lockport Square Shopping Center, benefiting from existing commercial activity and foot traffic. This prime location offers excellent potential for attracting a wide range of businesses. The property's advantageous position within Will County also translates to lower property taxes, enhancing its overall financial appeal. This is a rare opportunity to acquire a highly desirable commercial land parcel in a thriving area with strong growth potential. The asking price for this exceptional property is $1,998,000. Serious inquiries are encouraged.
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
- -88.0168
- Latitude
- 41.5991
