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    Property profile & analytics

    New Ave Lockport, IL 60441

    • Industrial land
    • 35.69 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Mar 22, 2022
    Location Intelligence
    Property ID
    US28-3496480
    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

    • Industrial land

    Property Details for New Ave

    Lot size
    35.69 lot acres
    Property type
    Industrial land
    APN
    11-04-02-400-006
    APU
    110402400006

    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
    -88.0542
    Latitude
    41.6324
    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
    $10,781
    $134,768
    $0.00
    $134,768
    -
    $404,304
    $0.00
    $404,304

    Comparable in this City

    • Value Estimation by Request
      3.93 Acres

      Division St

      INDUSTRIAL - VACANT LAND • 3.93 Acres
      Division St, Lockport, IL 60441
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    • Value Estimation by Request
      2.03 Acres

      Gaylord Rd

      INDUSTRIAL - VACANT LAND • 2.03 Acres
      Gaylord Rd, Lockport, IL 60441
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    • Value Estimation by Request
      6.07 Acres

      Archer Ave

      INDUSTRIAL - VACANT LAND • 6.07 Acres
      Archer Ave, Lockport, IL 60441
      View Details
    • Value Estimation by Request
      7.12 Acres

      Broadway St

      INDUSTRIAL - VACANT LAND • 7.12 Acres
      Broadway St, Lockport, IL 60441
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    • Value Estimation by Request
      3.82 Acres

      2701 Canal St

      INDUSTRIAL - VACANT LAND • 3.82 Acres
      2701 Canal St, Lockport, IL 60441
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    • Value Estimation by Request
      9.00 Acres

      New Ave

      INDUSTRIAL - VACANT LAND • 9.00 Acres
      New Ave, Lockport, IL 60441
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Land with Frontage on Archer

      Land with immediate access to I-355 in Lockport, IL.
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      20.00 Acres

      Lockport Industrial Land - 20 Acres

      Prime 20-acre industrial site, I-355 access.
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    • $700,000
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      Prime Commercial Land in Lockport, IL

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    • $64,900

      Unincorporated Lockport Vacant Land

      Four consolidated vacant lots in Lockport, Illinois.
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      0.13 Acres

      Residential Land in Lockport, IL

      Undeveloped residential lot available in Lockport, Illinois.
      216 Dellwood Ave, Lockport, IL 60441
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    • $399,000
      0.50 Acres

      Lockport Commercial Land: Prime Location

      High-visibility lot, ready to build.
      1260 159 St, Lockport, IL 60441
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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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    • $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
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    • $35 SF/Yr
      3,000 SF

      Retail Space in Planned Development

      Retail property available for lease in Lockport, Illinois.
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    • Contact for pricing
      315,647 SF

      Lockport Warehouse Sublease Opportunity

      Available warehouse space with flexible lease terms through June 2026.
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      Updated Storefront on High Traffic Street

      Recently updated storefront suitable for sandwich shop, bakery, hotdogs.
      1022 S State St, Lockport, IL 60441
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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
      View Details
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    New Ave
    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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