Courtesy: Compass
773-482-1917
Courtesy: Compass
773-482-1917
Courtesy: Coldwell Banker Real Estate Group
815-744-1000
INVESTMENT OPPORTUNITY: PRIME 4.92 ACRE COMMERCIAL CORNER LOT ON 159TH STREET CORRIDOR 15249 W 159th St, Lockport, IL 60441 (Unincorporated Homer Township) EXECUTIVE SUMMARY FOR DEVELOPERS & INVESTORS: This is a high-impact, corner development site offering a scarce combination of major highway access, high traffic counts, and minimal immediate retail competition in a high-income, underserved market. This is the crucial "first-off-the-exit" retail site on the eastbound side of the I-355 interchange. THE INVESTMENT ADVANTAGE Unbeatable Location & Access Highway Intersect: Located only 1 mile East of the I-355 (Veterans Memorial Tollway) full interchange at 159th Street (Route 7). This ensures constant traffic flow from regional commuters and travelers. High-Visibility Corner: Significant frontage on both 159th Street (approx. 585 ft) and Leach Drive (approx. 354 ft), providing dual-access points for high-volume users like QSRs, Banks, and Gas/Convenience. Traffic Counts: Over 17,000 Vehicles Per Day (VPD) on 159th Street, a figure poised to grow with continuous residential development in Lockport and Homer Glen. Retail Void: The site benefits from a clear lack of major retail and Quick-Service Restaurant (QSR) competition immediately following the I-355 exit, positioning it perfectly to capture immediate consumer demand. Strong Commercial Fundamentals & Demographics Affluent Market: The Lockport / Homer Glen area boasts a very strong demographic profile. The Median Household Income in Lockport is approximately $113,252 (as of 2023 data), indicating an excellent consumer base with high disposable income. Growth Corridor: Will County is one of the fastest-growing regions in Illinois. The surrounding area is marked by new, upscale residential developments, guaranteeing future customer growth. Low Operating Costs: Located in unincorporated Will County/Homer Township, this property benefits from significantly lower Will County property taxes (Annual Taxes approximately $1,153) compared to many incorporated municipalities, maximizing a developer's potential return on investment (ROI). Development & Value-Add Potential Flexible Zoning: Zoned Commercial with high potential for a variety of high-demand commercial uses. Possible uses include: Quick-Service Restaurant (QSR) w/ Drive-Thru (Highly sought after in this corridor). Medical/Dental/Professional Office Building (Serving the growing affluent residential base). Gas Station / C-Store (Prime exit location). Retail Strip Center (Targeting neighborhood convenience). Infrastructure: Utilities (Electric, Gas, Water, and Sanitary Sewer) are available nearby at the street, minimizing site development costs and expediting the timeline to construction. Subdivision Potential: The size (4.92 AC) and corner configuration are ideal for sub-dividing into two or three high-value outlots to maximize sales value or create a complementary multi-tenant development. This is a rare opportunity to acquire a strategic commercial corner in one of the strongest growth corridors in the Southwest Suburbs.
Courtesy: Coldwell Banker Real Estate Group
815-838-7030
9.13 ACRES OF VACANT PROPERTY LOCATED ON THE NORTH SIDE OF 151ST ST AT MACGREGOR. WATER ACROSS THE STREET & SEWER ALREADY TO THE PROPERTY. PROPERTY HAS ALREADY BEEN ANNEXED TO THE CITY OF LOCKPORT AND HAS BENEFICIAL DENSITY WITH R-1 ZONING CURRENTLY BUT R-2 MODIFICATION OK AS PER LOCKPORT. LOT DIMENSIONS 25X530X165X258X176X57X150X128X166X82X1030. PROPERTY DOES HAVE SOME FLOODPLAIN IN THE NORTHWEST CORNER.
Courtesy: Brookline Real Estate LLC
630-590-5910
We are proud to present the opportunity to acquire a newer construction retail property positioned in a strong, transit-oriented location in the Chicago suburb of Lockport. 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.
Courtesy: Realty Executives Elite
630-243-9500
WITH HIGH HOUSING DEMAND COMES THIS OPPORTUNITY TO BUILD YOUR OWN DREAM HOME. BUILDING PLANS ARE AVAILABLE AND INCLUDED IN THE SALE PRICE. READY TO BUILD. NEXT DOOR LOT ALSO FOR SALE WITH BUILDING PLANS READY AT THE SAME PRICE. SOIL TEST AND SURVEY ARE ALSO AVAILABLE.
Courtesy: Realty Executives Elite
630-243-9500
WITH HIGH HOUSING DEMAND COMES THIS OPPORTUNITY TO BUILD YOUR OWN DREAM HOME. BUILDING PLANS ARE AVAILABLE AND INCLUDED IN THE SALE PRICE. READY TO BUILD. NEXT DOOR LOT ALSO FOR SALE WITH BUILDING PLANS READY AT THE SAME PRICE. SOIL TEST AND SURVEY ARE ALSO AVAILABLE.
Courtesy: First Midwest Realty LLC
630-257-3030
Well established florist in downtown Lockport. This family-owned and operated florist has been serving all the Chicagoland for over 40 years. The florist has an outstanding relationship with many commercial entities. These businesses and institutions include schools, funeral homes, city and village offices and more. This is truly a turnkey business that includes all equipment and all existing inventory to be transferred with the business sale. Owner will train/advise after the sale to insure a smooth transition.
Courtesy: RE/MAX 10
708-857-1500
WOW*4.75 ACRES*THIS PROPERTY IS READY FOR YOUR NEW PROJECT *642 FEET OF FRONTAGE ON 159th STREET*CLOSE TO 355*PROPERTY IS CURRENTLY ZONED COMMERCIAL WITH MANY POSSIBILITES*RESIDENTIAL*LIGHT INDUSTRIAL*MULTI UNIT*SEE ATTACHED DRAWING OF (4)OVER ONE ACRE LOTS*THIS PROPERTY HAS BEEN INCLUDED IN FOR A LONG RANGE MASTER PLAN OF MULTI-FAMILY*LOCKPORT AND THE COUNTY ARE OPEN TO DISCUSS YOUR IDEAS*PLOT OF SURVEY*SOIL TESTING*AND LEVEL TERRAIN*INFORMATION ARE AVAILABEL FOR YOUR REVIEW*GREAT PRICE*GREAT LOCATION*
Courtesy: United Real Estate - Chicago
630-748-4660
Looking to start a business off a highly traveled road? Look no further... UNITED REAL ESTATE DOES NOT HOLD EARNEST MONEY
Courtesy: Coldwell Banker Real Estate Group
708-301-4700
PRICE REDUCED TO $47,900 an acre! Great opportunity for development. 18.65 acres with 396 frontage on 163 rd Street between Gougar and Cedar Road....original parcel went to 159th street before Windmill Subdivision was developed. Property is unincorporated...zoning is R1 and R2...presently it is being farmed. Seller is motivated and will consider any reasonable offers. All utilities are close by.
Lockport is located in Illinois. Lockport, Illinois has a population of 26,070. Lockport is more family-centric than the surrounding county with 38.25% of the households containing married families with children. The county average for households married with children is 37.33%.
The median household income in Lockport, Illinois is $96,481. The median household income for the surrounding county is $95,751 compared to the national median of $69,021. The median age of people living in Lockport is 36.8 years.
The average high temperature in July is 84 degrees, with an average low temperature in January of 15.8 degrees. The average rainfall is approximately 39 inches per year, with 30.5 inches of snow per year.
