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$ 1,200,000
Est. payment /mo
Active
16732 W 159th Street Lockport, IL 60441
3,620 SqFt
UPDATED:
08/17/2024 08:27 AM
Key Details
Property Type Commercial
Sub Type Retail/Stores
Listing Status Active
Purchase Type For Sale
Square Footage 3,620 sqft
Price per Sqft $331
MLS Listing ID 11816982
Year Built 2006
Annual Tax Amount $37,577
Tax Year 2021
Lot Dimensions 0X0
Property Description
We are proud to present the opportunity to acquire a newer construction retail property positioned in a strong, transit-oriented location in the Chicago suburb of Lockport. 16732 W 159th Street contains a total of 3,620 square feet on approximately 0.87 acres. Immediately accessible to I-355 at the northeast corner of 159th Street and Farrell Road, the building benefits greatly from its position among dozens of national retailers, and directly adjacent to Walgreens with shared ingress/egress. More nearby developments are currently being completed and underway including a new car dealership. Perfect for either an owner/user or investor, the all-brick, free-standing former bank building has been remarkably-maintained and offers its visitors 21 total parking spots in front and rear lots accessible from two streets and the adjacent Walgreens. The property features two covered drive-thru lanes and a monument signage structure - ideal for restaurant or medical uses. The asset is densely surrounded by national tenants: Walmart, Aldi, Jewel, Starbucks, Walgreens and McDonald's, and features close proximity to Lockport Township High School, Lewis University and Downtown Lockport.
Location
State IL
County Will
Interior
Cooling Central Air
Fireplace N
Exterior
View Y/N true
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Listed by Dominick Cannata • Brookline Real Estate LLC