16732 W 159th St - Bank FOR SALE


Lockport, IL 60441
$1,200,000 USD
630-886-4408
16732 W 159th St, Lockport, IL for Sale
$1,200,000 USD
Bank - FOR SALE
1/8
null | Request Cap Rate

16732 W 159th St
Lockport, IL 60441


HIGHLIGHTS

  • Freestanding Building w/Drive-Thru
  • Next To/Shares Access With Walgreens
  • Immediate Access To I-355

OVERVIEW

Brookline Real Estate, LLC. is proud to present the opportunity to acquire a newer construction retail property positioned in a strong, transit-oriented location in the Chicago suburb of Lockport. 16732 W 159th Street contains a total of 3,620 square feet on approximately 0.87 acres. Immediately accessible to I-355 at the northeast corner of 159th Street and Farrell Road, the building benefits greatly from its position among dozens of national retailers, and directly adjacent to Walgreens with shared ingress/egress. More nearby developments are currently being completed and underway including a new car dealership. Perfect for either an owner/user or investor, the all-brick, free-standing former bank building has been remarkably-maintained and offers its visitors 21 total parking spots in front and rear lots accessible from two streets and the adjacent Walgreens. The property features two covered drive-thru lanes and a monument signage structure - ideal for restaurant or medical uses. The asset is densely surrounded by national tenants: Walmart, Aldi, Jewel, Starbucks, Walgreens and McDonald's, and features close proximity to Lockport Township High School, Lewis University and Downtown Lockport.

FOR SALE DETAILS

PRICE

$1,200,000 USD

PRICE/SF

$331 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Bank

ADD'L SUBTYPES

Fast Food, Restaurant, Medical

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2006

SPRINKLERS

-

PARKING SPACES

30

LAND DETAILS

CROSS STREETS

N Farrell Rd.

LAND ACRES

0.87 AC

LAND SF

37,897 SF

ZONING

C-3

APN/PARCEL ID

05-18-305-034

ASK ABOUT THIS PROPERTY

Dominick CannataBrookline Real EstateMore Info
630-886-4408

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Dominick CannataBrookline Real EstateMore Info
630-886-4408

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.