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16031 S Farrell Rd 1,760 SF Retail Building Lockport, IL 60441 $750,000 ($426.14/SF)
Investment Highlights
- Strategically located within the Farrell Square development of the growing Lockport Retail Corridor
- Property is walking distance to Lockport High School @ 4000 students.
- Lot is offered AS IS with the former Sonic building which may be torn down or retro fit
- Co tenants include: Walmart, Jewel /Osco , Chase Bank , Dollar Tree, Walgreens and more
- Restaurants Include: Panda Express, McDonalds, Culvers, Wendys (coming soon) Panera, Arbys, Chipotle , KFC, and more
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Fast Food
Building Size
1,760 SF
Building Class
C
Year Built
2008
Price
$750,000
Price Per SF
$426.14
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
1.01 AC
Zoning
C-2 - Community Commercial District
Nearby Major Retailers
Property Taxes
| Parcel Number | 16-05-19-101-017 | Improvements Assessment | $77,250 |
| Land Assessment | $113,750 | Total Assessment | $191,000 |
Property Taxes
Parcel Number
16-05-19-101-017
Land Assessment
$113,750
Improvements Assessment
$77,250
Total Assessment
$191,000
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16031 S Farrell Rd
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