Property profile

16556 159 ST Lockport, IL 60441

OFF-MARKET
Vacant Commercial
Property ID
US28-0178631
1.99 ac lot
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Property summary

AI-generated overview

The property is a 6-acre development site in the Lockport market, located at a signalized access point along 159th Street. It is positioned in the middle of the Lockport market with frontage on 159th Street, which carries approximately 22,400 vehicles per day, and it is immediately west of the full-access interchange from I-355. The site is configured to support multiple commercial layouts, including freestanding, drive-through, and multi-tenant configurations, and it is located across the street from the Lockport Square Development. Monument and pylon signage options are available for the site.

Property profile

Verified
Property type Vacant Commercial
Lot 1.99 ac (86,684 SF)
APN 16-05-18-305-031
UPID US28-0178631

Cap rate & NOI

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

Location

16556 159 ST Lockport, IL 60441
Lockport metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

since 2023
Last sale
$1.7M
1 recorded transaction
2023
$1.7M
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