159th St & Thornton StLockport, IL 60441

Property Details for 159th St & Thornton St

Property type

Retail properties

Property subtype

Life science properties

Description

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.

Location Insight

City

Lockport

County

Will

State

Illinois

Latitude

41.5974

Longitude

-88.0407

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