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16103 S Farrell Rd - 159th & Farrell Road 1.01 Acres of Commercial Land Offered at $750,000 in Lockport, IL 60441
Investment Highlights
- 1.01-acre commercial outlot adjacent to Walmart Supercenter.
- Surrounded by national retailers including Jewel-Osco, McDonald’s, and Panera.
- Offered for sale at $750,000 with build-to-suit options available.
- Zoned C-2, supporting a variety of retail and commercial uses.
- High Traffic Counts of 22,200 VPD on 159th Street and over 7,100 VPD on Farrell Road
- Located in a growing trade area with strong consumer traffic and established co-tenancy.
Executive Summary
This 1.01-acre parcel offers a rare opportunity for ownership or build-to-suit development in a high-traffic retail corridor of Lockport, Illinois. Positioned adjacent to a Walmart Supercenter, the site benefits from strong consumer draw and consistent foot traffic generated by national retailers and service providers in the immediate area. The property is zoned C-2, allowing for a wide range of commercial uses, making it suitable for retail, restaurant, or service-oriented businesses seeking visibility and accessibility.
Located along Farrell Road with convenient access to E 159th Street and just minutes from Interstate 355, the site provides excellent regional connectivity. Surrounding businesses include Jewel-Osco, McDonald’s, Panera, T-Mobile, and Chase Bank, creating a robust retail ecosystem that supports high customer engagement. Offered at $750,000, this parcel represents a compelling investment for developers and owner-users looking to capitalize on a thriving suburban market with strong demographics and growth potential.
Located along Farrell Road with convenient access to E 159th Street and just minutes from Interstate 355, the site provides excellent regional connectivity. Surrounding businesses include Jewel-Osco, McDonald’s, Panera, T-Mobile, and Chase Bank, creating a robust retail ecosystem that supports high customer engagement. Offered at $750,000, this parcel represents a compelling investment for developers and owner-users looking to capitalize on a thriving suburban market with strong demographics and growth potential.
Property Facts
| Price | $750,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 1.01 AC |
| Property Type | Land | ||
| Zoning | C-2 - Community Commercial District | ||
| Price | $750,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 1.01 AC |
| Zoning | C-2 - Community Commercial District |
1 Lot Available
Lot
| Price | $750,000 | Lot Size | 1.01 AC |
| Price Per AC | $742,574.26 |
| Price | $750,000 |
| Price Per AC | $742,574.26 |
| Lot Size | 1.01 AC |
Direct Out Parcel to a Walmart Supercenter and Dollar Tree Anchored Retail Development
Description
The property consists of a 1.01-acre parcel located at 16103 Farrell Road in Lockport, Illinois. It is zoned C-2 and situated adjacent to a Walmart Supercenter. The site is positioned along Farrell Road near E 159th Street and offers proximity to Interstate 355. Surrounding uses include retail, dining, and service establishments such as Jewel-Osco, McDonald’s, Panera, and Chase Bank. The parcel is offered for sale at $750,000.
Fairly walkable
50/100
Exceptionally drivable
100/100
Minimal public transit
10/100
Moderately bikeable
60/100
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16103 S Farrell Rd - 159th & Farrell Road
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