Technical
Financial
Distress signals
Property profile

1001 Clinton St Lockport, IL 60441

OFF-MARKET
Industrial properties
Property ID
US28-2778025
3.51 ac lot
Entity Owned 16-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional industrial property, located at 1001 Clinton St in Lockport, Illinois (zip code 60441), offers 60,620 square feet of versatile space ideal for warehouse, manufacturing, distribution, or flex operations. Situated on a substantial 3.2-acre lot within Will County, this single-tenant building provides ample parking and outdoor storage options. The property features four drive-in doors and one dock high loading door, ensuring efficient loading and unloading. High ceilings, measuring 14 to 24 feet in clearance, accommodate various storage and operational needs. The building is served by robust 800-amp, 480-volt, 3-phase power. The property is zoned M-1, allowing for a range of industrial uses. Annual property taxes are $25,196, equating to $0.42 per square foot. The asking lease rate is $7.25 per square foot, net. This prime location in Lockport offers easy access to major transportation routes, making it an attractive option for businesses seeking efficient logistics and operations.

Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Lot 3.51 ac (152,896 SF)
APN 11-04-23-303-039
UPID US28-2778025

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1001 Clinton St Lockport, IL 60441-4839
Lockport metro Census 880602 CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$420k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$420k

Owner & transaction history

since 2009
7 recorded transactions
2019
Price N/A
2019
Price N/A
2018
Price N/A
2017
Price N/A
2009
$1.1M
1969
Price N/A
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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