159th St & Thornton StLockport, IL 60441

For Sale
Call for price
Exceptional R&D & Retail lots in Lockport, IL.

Overview

Added:
Dec 11, 2024
Days on market:
126
Lockport Crossings offers exceptional development opportunities in a thriving Will County location. This prime commercial property features several available lots ideal for research and development or retail uses, situated at the Northwest corner of 159th Street and Thornton Street in Lockport, Illinois, zip code 60441. Lot 5 encompasses 3.3 acres and is divisible to accommodate various project sizes, while Lot 6 offers 1.22 acres. Note that Lot 3 is currently under contract. The property boasts a strategic location, just half a mile west of the I-355 interchange at a newly installed stoplight intersection, ensuring high visibility and convenient access. All lots are fully improved with essential utilities, including sanitary sewer and water, and benefit from offsite detention systems. The strong local demographics provide a robust market for any development. A significant advantage is the parking lot easement, granting each lot access to 15% of its required parking spaces at no cost, utilizing the adjacent Advocate Medical Site's parking area. This unique feature significantly reduces development costs and enhances the overall value proposition. The area is anchored by established businesses such as Walmart, Jewel-Osco, Berkots, and Ace Hardware, creating a vibrant and successful commercial environment. This is a rare opportunity to acquire land in a high-demand location with exceptional infrastructure and strong market fundamentals.

Highlights

  • Lockport Crossings - Lots available for sale, including a 3.3-acre divisible lot (Lot 5) and a 1.22-acre lot (Lot 6).
  • Located 0.5 miles west of I-355 interchange at a new signalized intersection.
  • Lots are fully improved with sanitary sewer, water, and offsite detention.
  • Strong demographics.
  • Each lot benefits from a parking lot easement, providing 15% of required parking at no charge via the adjacent Advocate Medical Site.

Property Details for 159th St & Thornton St

Property type
Retail properties, Life science properties

Location Insight

City
Lockport
County
Will
State
Illinois
Latitude
41.5974104
Longitude
-88.0406573
159th St & Thornton St, Lockport, Illinois

FAQs

What type of property is this?
Retail property - Exceptional R&D & Retail lots in Lockport, IL.
Where is the retail property located?
The property is located at 159th St & Thornton St Lockport, IL.
What are key features of this property?
This property features: Lockport Crossings - Lots available for sale, including a 3.3-acre divisible lot (Lot 5) and a 1.22-acre lot (Lot 6).; Located 0.5 miles west of I-355 interchange at a new signalized intersection.; Lots are fully improved with sanitary sewer, water, and offsite detention.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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159th St & Thornton St
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