16612 W 159th St - Office CONDO FOR SALE


Lockport, IL 60441
$325,000 USD
773-343-3847
16612 W 159th St, Lockport, IL for Sale
$325,000 USD
Office CONDO - FOR SALE
1/19
null | Request Cap Rate

NEW


16612 W 159th St
Lockport, IL 60441


HIGHLIGHTS

  • Professional Conference Room
  • Fully Updated Eat-In Kitchen with Ample Storage & Workspace
  • Open to selling the business along with the condominium

OVERVIEW

Set your practice or professional firm in a well-located office condominium with immediate access to the I-355 interchange at 159th Street. The address sits within a professional complex that benefits from strong corridor visibility, easy client access, and ample on-site parking noted in recent listings at this location. The positioning one block west of I-355 shortens trip times across the southwest suburbs, while the 159th Street arterial captures steady commuter and local traffic for dependable daily activity. National retail neighbors, including Walmart and a Dollar Tree–anchored center, expand daytime amenities for staff and clients and help drive consistent cross-shopping and service demand in the immediate trade area. Nearby Lockport Township High School adds a sizable daytime population, complementing the residential density surrounding the corridor. Owner-users will appreciate the professional setting and signage opportunities along 159th Street, with a site plan that supports efficient client arrival and departure. The location’s regional reach via I-355, and connections to I-80 and I-55, make it a practical hub for firms serving Will County and the greater southwest Chicago metro. Recent broker materials for this intersection underscore the advantages of high traffic counts, adjacency to national co-tenancy, and strong visibility, reinforcing the long-term fundamentals for professional services, boutique medical, financial, insurance, legal, real estate, and other office users seeking an accessible, client-friendly address.

FOR SALE DETAILS

PRICE

$325,000 USD

PRICE/SF

$252 USD /SF

CAP RATE

Request Cap Rate

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

ADD'L SUBTYPES

Office/Residential

TOTAL BUILDING SIZE

8,100 SF

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2006

SPRINKLERS

-

PARKING SPACES

38

LAND DETAILS

LAND ACRES

0.32 AC

LAND SF

13,774 SF

ZONING

C3

APN/PARCEL ID

16-05-18-305-056-1004

ASK ABOUT THIS PROPERTY

Sheila StrutzVRS CommercialMore Info
773-343-3847

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Sheila StrutzVRS CommercialMore Info
773-343-3847

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.