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Investment Highlights

  • Existing medical buildout includes four exam rooms and a procedure room.
  • Located directly adjacent to Silver Cross Medical Group.
  • Minutes from Interstate 355 and the 159th Street interchange.
  • Lead-lined x-ray room is already in place.
  • Open physical therapy area supports multiple healthcare specialties.
  • Available for purchase or lease beginning January 2027.

1 Unit Available

  • Unit
  • Unit Size
  • Condo Use
  • Price
  • NOI
  • Unit 103
  • 4,050 SF
  • Office
  • Upon Request
  • -
Sale Type Investment or Owner User
No. Parking Spaces 32
APN/Parcel ID 15-05-18-305-058-1994
Description
The first floor includes reception and waiting areas, four exam rooms, a procedure room, a lead-lined x-ray room, private offices, and a restroom. The layout supports immediate medical occupancy with existing clinical infrastructure in place.

The lower level features an open physical therapy and treatment area, additional offices, a staff kitchen, restroom facilities, and multiple supply and storage rooms. The configuration supports treatment, administrative, and support functions.
Sale Notes
16610 W 159th Street presents an opportunity to acquire a fully built-out medical office condominium positioned along one of the southwest suburban Chicago region's established healthcare corridors. Located directly adjacent to Silver Cross Medical Group and within close proximity to Silver Cross Hospital's New Lenox campus, the property benefits from a healthcare-oriented setting that supports patient access, provider visibility, and referral connectivity.

The two-level condominium is configured with existing medical improvements that can support a variety of healthcare and professional users. Current features include four exam rooms, a dedicated procedure room, a lead-lined x-ray room, an open physical therapy area, reception and waiting areas, an ADA-compliant restroom, staff kitchen and break area, private offices, and storage space. The existing layout may reduce the time and capital typically required for medical occupancy, creating potential value for owner-users, healthcare groups, and investors seeking a specialized healthcare asset.

The property is situated along the 159th Street corridor, a primary east-west route connecting Lockport, Homer Glen, and New Lenox. Access to Interstate 355 is available within minutes, providing regional connectivity throughout the Chicago metropolitan area. The surrounding corridor includes healthcare providers, retail services, dining options, and neighborhood-serving businesses that support daily patient and employee needs.

With existing medical infrastructure already in place and availability scheduled for January 2027, the condominium offers flexibility for future occupancy while benefiting from its location within an established healthcare concentration.
Unit Unit Size Condo Use Price NOI
Unit 103 4,050 SF Office Upon Request -

Unit 103

Unit Size
4,050 SF
Condo Use
Office
Price
Upon Request
NOI
-

Unit 103

Unit Size 4,050 SF
Condo Use Office
Price Upon Request
NOI -
Sale Type Investment or Owner User
No. Parking Spaces 32
APN/Parcel ID 15-05-18-305-058-1994
Description
The first floor includes reception and waiting areas, four exam rooms, a procedure room, a lead-lined x-ray room, private offices, and a restroom. The layout supports immediate medical occupancy with existing clinical infrastructure in place.<br> <br> The lower level features an open physical therapy and treatment area, additional offices, a staff kitchen, restroom facilities, and multiple supply and storage rooms. The configuration supports treatment, administrative, and support functions.</li></ul>
Sale Notes
16610 W 159th Street presents an opportunity to acquire a fully built-out medical office condominium positioned along one of the southwest suburban Chicago region&#39;s established healthcare corridors. Located directly adjacent to Silver Cross Medical Group and within close proximity to Silver Cross Hospital&#39;s New Lenox campus, the property benefits from a healthcare-oriented setting that supports patient access, provider visibility, and referral connectivity.<br> <br> The two-level condominium is configured with existing medical improvements that can support a variety of healthcare and professional users. Current features include four exam rooms, a dedicated procedure room, a lead-lined x-ray room, an open physical therapy area, reception and waiting areas, an ADA-compliant restroom, staff kitchen and break area, private offices, and storage space. The existing layout may reduce the time and capital typically required for medical occupancy, creating potential value for owner-users, healthcare groups, and investors seeking a specialized healthcare asset.<br> <br> The property is situated along the 159th Street corridor, a primary east-west route connecting Lockport, Homer Glen, and New Lenox. Access to Interstate 355 is available within minutes, providing regional connectivity throughout the Chicago metropolitan area. The surrounding corridor includes healthcare providers, retail services, dining options, and neighborhood-serving businesses that support daily patient and employee needs.<br> <br> With existing medical infrastructure already in place and availability scheduled for January 2027, the condominium offers flexibility for future occupancy while benefiting from its location within an established healthcare concentration.</li></ul>

Property Facts

The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
Total Building Size 8,000 SF
Property Type Office (Condo)
Property Subtype Medical
Building Class B
Floors 1
Typical Floor Size 8,000 SF
Year Built 2006
Lot Size 0.29 AC
Parking Ratio 4/1,000 SF

Amenities

  • Signage
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Not bikeable
10/100
  • Listing ID: 41582455

  • Date on Market: 8/6/2026

  • Last Updated:

  • Address: 16610 W 159th St, Lockport, IL 60441

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