16360 159Th St Lockport, IL 60441
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.
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
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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.