Properties

Features
: Central Air , Central Individual
Address Map
US
IL
Will
Lockport
60441
159th
16624
Street
W88° 27' 37.8''
N41° 36' 3.6''
I-355 to 159th Street exit ~ West to Adelmann ~ North to building
Homer / Lockport
W
OFFIC
Additional Information
8100
: Brick
Circuit Breakers,Service - 101 to 200 Amps
: Concrete Perimeter
115X120
4
Commercial
1
Olivieri Real Estate LLC
Madison Watson
Financial
21932.88
Listing Information
Jacqueline Montvidas
705768
70264
Olivieri Real Estate LLC
707028
70264
Active
2024-11-21T14:15:02Z
MRED
2024-11-17T06:05:28Z
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.

Commercial Sale For Sale

16624 W 159th Street, Lockport, Illinois 60441

$1,498,500
Listing ID#12205169
QR Code
Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : 12205169
Price : $1,498,500
Year Built : 2005
Listing Status : Active
Property Sub Type : Condominium
Roof : Composition
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