16610 W 159th ST #103 new

Lockport,IL 60441

$ 700000

- Bed

0 Bath

4000 SqFt


Key Details

Property Type Commercial

Sub Type Office/Tech

Listing Status Active

Purchase Type For Sale

Square Footage 4,000 sqft

Price per Sqft $175

MLS Listing ID 12440771

Year Built 2006

Annual Tax Amount $8,719

Tax Year 2024

Property Sub-Type Office/Tech

Property Description

Great investment potential! A one-story, all-brick office building with a full basement, featuring nine-foot ceilings and located on a high-traffic stretch off 159th. Generous parking available around the units. In a community of multi-use buildings and neighboring a new residential rental development. The property includes a vestibule entry into a lobby with adjacent reception area as well as side entry. 6 office areas, a wet bar and bathroom on the main. Elevator or staircase to finished basement with a large conference room, an eat-in kitchen, a bathroom, numerous closets and storage areas. It boasts high-efficiency central air conditioning and 80% efficient gas forced air. Conveniently walkable to Jewel, Walmart, Walgreens, and various dining options. A short drive to I-355, Currently rented through 11/2026 at $6,000 mo. (8% CAP rate).

Location

State IL

County Will

Area Homer / Lockport

Zoning OFFIC

Interior

Cooling Central Air

Building

Dwelling Type Office/Tech

Structure Type Brick

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