45
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$700,000
Est. payment /mo
4,000 SqFt
Active
16610 W 159th ST #103 Lockport, IL 60441
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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
Fireplace N
Building
Dwelling Type Office/Tech
Structure Type Brick
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Listed by Mike McCatty of Century 21 Circle
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