15249 159 St Lockport, IL 60441
- Land
- 4.92 lot acres
Current Use by Public Records
- Land
Property Details for 15249 159 St
- Lot size
- 4.92 lot acres
- Property type
- Land
Description
This exceptional 4.92-acre commercial land parcel presents a unique investment opportunity in Lockport, Illinois. Strategically located on 159th Street, it boasts 585 feet of frontage on 159th Street and an additional 354 feet of frontage on Leach Avenue. The property is zoned for commercial use and enjoys a highly visible location just one mile from the I-355 exit, ensuring excellent accessibility and exposure to a substantial daily traffic volume exceeding 17,000 vehicles. Its position in unincorporated Homer Township, between Lockport and Homer Glen, offers a blend of suburban convenience and strategic commercial potential. A key advantage is the relative lack of immediate retail competition; when exiting I-355 eastbound, motorists encounter only one gas station before reaching this property, with minimal retail options for over a mile in either direction. This scarcity of established businesses creates a prime opportunity for a variety of commercial ventures, making it an ideal site for businesses seeking high visibility and minimal competition. The asking price for this exceptional property is $700,000. The property's size, location, and zoning make it an attractive investment for developers and businesses alike.
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
- -88.0412
- Latitude
- 41.5945
