Property profile & analytics
16610 159 St Lockport, IL 60441
- Commercial real estate
- 0.29 lot acres
Location Intelligence
Property ID
US28-5704825
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Current Use by Public Records
- Commercial real estate
Property Details for 16610 159 St
- Lot size
- 0.29 lot acres
- Property type
- Commercial real estate
- APN
- 16-05-18-305-058-1001
- APU
- 1605183050581001
Description
This exceptional 2,025-square-foot office space is ideally situated in Lockport, Illinois, at 16610 W 159th St, Unit 102. Located in a 2007-built complex, this single-tenant unit offers excellent visibility from its northwest corner location within the first building. The space boasts a spacious, open layout perfect for a variety of office configurations. Two ADA-compliant restrooms ensure accessibility for all employees and clients. Ample storage is available in the building's basement, providing convenient and secure space for files and equipment. The property is zoned for office use
Value Estimation
by Realmo proprietary methodology
Last update: July 3, 2025
-
AI approach
- CAP return
- Estimation
- Estimation
- $290,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $275,000
- 6.5%
- $265,000
- 7%
- $315,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $300,000
- Geo Method
- $260,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $245,000
- Retail
- $300,000
- Mixed-Use
- $270,000
- Hospitality
- $260,000
- Educational
- $250,000
- Residential Income
- $315,000
- Energy
- $315,000
- Income-Based Land
- $310,000
- Food Service
- $265,000
Location Insight
- Map
- Local Demand
- City
- Lockport
- County
- Will
- State
- Illinois
- Longitude
- -88.022
- Latitude
- 41.599
- CBSA code
- 16980
- CBSA name
- CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$9,200
$14,232
$92,756
$106,988
-
$42,696
$278,268
$320,964
