Active
16624 W 159th Street
Lockport IL, 60441
$1,498,500
$185.00 per sqft
Active
8,100 sqft
Commercial
Built in 2005
Courtesy of Olivieri Real Estate LLC
This 8,100 SF office building in Lockport offers an exceptional investment opportunity with excellent visibility and easy access to I-355. Located in a well-maintained 7-building association, the property features 12 offices, a breakroom, a vestibule, 8 restrooms, and 8,100 SF of usable space on the main level, plus an additional 4,050 SF of usable space on the lower level and 4,050 SF of storage. The roof and HVAC systems are well-maintained, and the recently seal-coated parking lot enhances both value and curb appeal. Currently leased to a long-term tenant for several more years, the property provides a stable income stream. With low Will County taxes, a prime location near new developments along 159th Street, and a strong tenant in place, this is an ideal opportunity for investors seeking a solid, income-producing asset with long-term potential. Don't miss the chance to secure this well-located office building in a rapidly growing area.
12205169
MLSⓇ ID
November 11, 2024
Listed
November 22, 2024
Updated
Map
16624 W 159th Street
Lockport IL, 60441
Interior Features
Total Stories
1
Fireplace
No
Cooling
Yes
Cooling Description
Central Air, Central Individual
Heating
No
Exterior/Building Features
Lot Size
0.32 Acres
Roof
Composition
Other Property Details
Area Name
Homer / Lockport
Taxes
$21,933
Tax Frequency
Annually
Days on Market
11
Garage
No
View
No
County
Will
Pool
No
Zoning
OFFIC
Courtesy of Olivieri Real Estate LLC, Madison Watson,
Listing Contact: 708-244-2662
The data relating to real estate for sale on this website comes in part from the Broker ReciprocitySM Program of Midwest Real Estate Data. Real estate listings held by brokerage firms other than Christine Wilczek & Jason Bacza are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.
Based on information submitted to the MLS GRID for MRED 11/22/2024. All data is obtained from various sources and has not been, and will not be, verified by broker, MRED or MLS GRID. MLS Grid and MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.
©2024 Listings Courtesy of MRED as distributed by MLS GRID. All rights reserved.
Data last updated 7:22 AM UTC, 11/22/2024
