IL > Lockport
Lockport, IL 60441,16624 W 159th ST
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Lockport, IL 60441,16624 W 159th ST
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Kimberly Zahand

Kimberly Zahand

+1(630) 215-6063
$ 1,498,500
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16624 W 159th ST Lockport, IL 60441

8,100 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Office/Tech

Listing Status Active

Purchase Type For Sale

Square Footage 8,100 sqft

Price per Sqft $185

MLS Listing ID 12205169

Year Built 2005

Annual Tax Amount $21,932

Tax Year 2023

Lot Dimensions 115X120

Property Sub-Type Office/Tech

Property Description

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.

Location

State IL

County Will

Area Homer / Lockport

Zoning OFFIC

Interior

Cooling Central Air, Central Individual

Fireplace N

Exterior

Roof Type Composition

Building

Dwelling Type Office/Tech

Level or Stories 1

Structure Type Brick

Midwest Real Estate Data (MRED) IDX
© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Jacqueline Montvidas • Olivieri Real Estate LLC
agent

Kimberly Zahand

+1(630) 215-6063

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16624 W 159th ST

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