16101 Farrell Rd Lockport, IL 60441
This exceptional build-to-suit opportunity presents 10,000 to 45,000 square feet of retail space at Lockport Square in Lockport, Illinois. Located at 16101 Farrell Rd, 60441, this vacant parcel offers unparalleled visibility and access from I-355. The property boasts excellent co-tenancy with a nearby Dollar Tree, a newly constructed Walmart Supercenter, and a Jewel-Osco anchored retail center, ensuring high traffic and customer exposure. The site features ample parking within a large lot, providing convenient access for customers and employees. Five points of ingress and egress ensure smooth traffic flow. All utilities are readily available. The single-story building, constructed in 2008, is part of a larger two-building complex totaling 41,913 square feet. Benefit from low Will County taxes and the convenience of a PACE bus stop at the intersection. This location is surrounded by established national retailers and new residential developments, creating a strong customer base. The property is ideal for a variety of retail uses and offers a unique chance to establish a thriving business in a high-growth area. The site's strategic location and impressive amenities make it an exceptional investment opportunity.
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.