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16610 W 159th Street , #103

Lockport, IL 60441
  • $700,000
  • STATUS: Active
  • ON SITE: 145 Days
  • MLS #: 12440771
UPDATED: 107 min ago
$700,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
2006
County:
Area:

School Ratings & Info

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).

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© 2026 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Ani Real Estate. Based on information submitted to the MRED as of 2026-01-12T23:03:11.283 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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16610 W 159th Street , #103 Lockport, IL 60441

  • Price: $700,000
  • Status: Active
  • On Site: 145 Days
  • Updated: 107 min ago
  • MLS #: 12440771
0
Beds
0
Baths
0
½ Baths
N/A
Acres
2006
Built
Neighborhood:
Will
County:
Will
Area:
Will
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).
Exterior Features

Foundation Details Concrete Perimeter

Interior Features

Cooling Central Air Heat Ventilation Central Heat/Indiv ControlsForced Air Number Of TLDocks 0

Property Features

Additional Parcels YN No Approximate Age 16-25 Years Building Area Total 4000 Built Before1978 YN No Current Use Office Electric Circuit Breakers Fire Protection Alarm On Site Geographic Locale Southwest Suburban Gross Income 72000 Gross Scheduled Income 72000 Leasable Area 4000 Location Office Park Mls Actual Status Active Net Operating Income 55000 Number Of Tenants 1 Operating Expense 17000 Property Offered For Sale Only Property Sub Type Office Tax Annual Amount 8719 Tax Year 2024 Total Monthly Income 6000 Township Lockport Type Office/Tech Zoning OFFIC

Listing information © 2026 Midwest Real Estate Data LLC.
Listing provided courtesy of Century 21 Circle: 708-361-0800.


© 2026 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Ani Real Estate. Based on information submitted to the MRED as of 2026-01-12T23:03:11.283 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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