16732 159Th St, Lockport, IL 60441

3,620 SF | Retail Building | Lockport, IL 60441 | $1,200,000 ($331/SF)

Asking Price $1,200,000

Property Type: Retail, Restaurant
Square Feet: 3,620 SF
Price / Square Foot: $331

Listing Contacts

Dominick Cannata

Verified Profile

William Lundy

Verified Profile

Property Info

Property Overview

Brookline Real Estate, LLC. is 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.

Property Details

Class: B
Year Built: 2006
Stories: 1
Property Subtype: Bank, Medical
Lot Size (sq. ft): 37,897 SF

Highlights

Freestanding Building w/Drive-Thru
Next To/Shares Access With Walgreens
Immediate Access To I-355

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