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    Property profile & analytics

    159th St Lockport, IL 60441

    • Commercial land
    • 3.58 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US28-3303532
    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 land

    Property Details for 159th St

    Lot size
    3.58 lot acres
    Property type
    Commercial land
    APN
    16-05-19-202-006
    APU
    160519202006

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Lockport
    County
    Will
    State
    Illinois
    Longitude
    -88.0123
    Latitude
    41.5966
    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
    $0.00
    $1.00
    $0.00
    $1.00
    -
    $3
    $0.00
    $3

    Comparable in this City

    • Value Estimation by Request
      0.65 Acres

      9th St

      VACANT COMMERCIAL LAND • 0.65 Acres
      9th St, Lockport, IL 60441
      View Details
    • Value Estimation by Request
      0.18 Acres

      348 Caton Farm Rd

      VACANT COMMERCIAL LAND • 0.18 Acres
      348 Caton Farm Rd, Lockport, IL 60441-9535
      View Details
    • Value Estimation by Request
      1.86 Acres

      Farrell Rd

      VACANT COMMERCIAL LAND • 1.86 Acres
      Farrell Rd, Lockport, IL 60441
      View Details
    • Value Estimation by Request
      9.40 Acres

      Adelmann Rd

      VACANT COMMERCIAL LAND • 9.40 Acres
      Adelmann Rd, Lockport, IL 60441
      View Details
    • Value Estimation by Request
      0.31 Acres

      800 State St, Unit B

      VACANT COMMERCIAL LAND • 0.31 Acres
      800 State St, Lockport, IL 60441-3434
      View Details
    • Value Estimation by Request
      0.68 Acres

      159th St

      VACANT COMMERCIAL LAND • 0.68 Acres
      159th St, Lockport, IL 60441
      View Details

    Similar Nearby for Sale

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      Lockport Commercial Land For Sale

      4.75 acres of commercial land with frontage on 159th Street.
      15355 W 159 St, Lockport, IL 60441
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    • $700,000
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      Prime Commercial Corner Lot

      4.92 acre commercial corner lot in Lockport, Illinois.
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    • Contact for pricing

      Land with Frontage on Archer

      Land with immediate access to I-355 in Lockport, IL.
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    Similar Nearby for Lease

    • $28 SF/Yr
      41,913 SF

      Lockport Retail Pad - I-355 Access

      Build-to-suit retail space, prime location.
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      228,690 SF

      I-355 Corridor Warehouse Sublease

      62,598 SF warehouse sublease in the I-355 corridor.
      16410 John Ln Xing, Lockport, IL 60441
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    • $20 SF/Yr
      3,620 SF

      Lockport Retail Space - I-355 Access

      Prime Retail/Office/Medical Building, 3620 SF
      16732 159 St, Lockport, IL 60441
      View Details
    • $35 SF/Yr
      3,000 SF

      Retail Space in Planned Development

      Retail property available for lease in Lockport, Illinois.
      902-904 S State St, Lockport, IL 60441
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    • Contact for pricing
      8,000 SF

      Lockport Office Space: 2,025 SF

      Prime Lockport office, single tenant, 2,025 sq ft.
      16610 159 St, Lockport, IL 60441
      View Details
    • $17 SF/Yr
      13,000 SF

      Lockport Retail or Office Space

      Office or retail space with ample parking and high visibility.
      610-942 N State St, Lockport, IL 60441
      View Details
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    159th St
    Lockport, IL 60441
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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