You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
OFF-MARKET
Land

15249 159Th St Lockport, IL 60441

4.92 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 4.92 ac (214,315 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 15249 159Th St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message