Lockport Commercial Land

16360 W. 159th Street Lockport, IL 60441

16360 W. 159th Street, Lockport, IL, 60441
16360 W. 159th Street, Lockport, IL, 60441 16360 W. 159th Street, Lockport, IL, 60441
FOR SALE
Property Type:
Other Land
Amount:
$1,998,000
Last Verified:
Apr 03, 2024

Highlights

  • 2 acres zoned for commercial use on 159th St. (Route 7)
  • Ideally located just off I-355 interchange and across from Lockport Square Shopping Center
  • Great site for new retail development
  • Low Will County taxes

Description

Land for sale in Lockport, IL on 159th St.

Located in the heart of Will County, Lockport offers a perfect blend of historic appeal and urban convenience. With easy access to major transportation routes, abundant retail and dining options, and a thriving local economy, the area presents an enticing opportunity for those seeking to be part of a dynamic and growing market.

Lot Size: 2.0 acres


Documents

Sale Brochure (New)

Map of 16360 W. 159th Street, Lockport, IL, 60441

Presented by:
Caton Commercial Real Estate Group

Request additional information
Matthew Maul


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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.