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

16250 159Th St Lockport, IL 60441

18.61 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 18.61-acre commercial land parcel presents a remarkable development opportunity in Lockport, Illinois. Strategically located along I-355, this property boasts a highly desirable C-3 zoning designation, permitting a wide range of commercial uses, including general commercial, mixed-use, and retail developments. The existing zoning even includes approval for extra building height, offering increased development flexibility. The property's address is 16250 W 159th St, Lockport, IL 60441, with APN 16-05-18-400-012. Its prime location provides unparalleled access to major transportation arteries, ensuring high visibility and convenient access for potential tenants and customers. Furthermore, the possibility of multi-family rezoning adds another layer of potential for future development. This presents a unique chance to capitalize on the growing demand for both commercial and residential spaces in the area. The property benefits from the comparatively low tax rates associated with Will County, Illinois, making it an even more attractive investment. The asking price for this exceptional development opportunity is $2,651,000. Don't miss this chance to acquire a highly sought-after commercial land parcel with significant upside potential.

Property profile
Verified
Property type Land
Lot 18.61 ac (810,652 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 16250 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