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16732 W 159th St 3,620 SF Retail Building Lockport, IL 60441 $1,200,000 ($331.49/SF)
INVESTMENT HIGHLIGHTS
- Freestanding Building w/Drive-Thru
- Immediate Access To I-355
- Next To/Shares Access With Walgreens
EXECUTIVE SUMMARY
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.
PROPERTY FACTS
AMENITIES
- Drive Thru
- Monument Signage
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- POSITION
- AVAILABLE
Newer construction, all-brick, freestanding building available near 159th St exit from I-355 in Lockport, IL. Retail / Office / Medical uses welcome. Former bank use, drive-thru lanes and windows in place. Low Will County taxes. Shared access with Walgreens from two roads. Immediate access to I-355. Densely surrounded by national tenants: Walmart, Aldi, Jewel, Starbucks, McDonald's. Close proximity to Lockport Township High School, Lewis University and Downtown Lockport.
| Space | Size | Space Use | Position | Available |
| 1st Floor | 3,620 SF | Office/Retail | - | Now |
1st Floor
| Size |
| 3,620 SF |
| Space Use |
| Office/Retail |
| Position |
| - |
| Available |
| Now |
1st Floor
| Size | 3,620 SF |
| Space Use | Office/Retail |
| Position | - |
| Available | Now |
Newer construction, all-brick, freestanding building available near 159th St exit from I-355 in Lockport, IL. Retail / Office / Medical uses welcome. Former bank use, drive-thru lanes and windows in place. Low Will County taxes. Shared access with Walgreens from two roads. Immediate access to I-355. Densely surrounded by national tenants: Walmart, Aldi, Jewel, Starbucks, McDonald's. Close proximity to Lockport Township High School, Lewis University and Downtown Lockport.
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 16-05-18-305-034 | Improvements Assessment | $133,311 |
| Land Assessment | $85,000 | Total Assessment | $218,311 |
PROPERTY TAXES
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16732 W 159th St
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