Address
16059 W 151st Street, Lockport, IL
Price
$ 550,000
Property Attributes
  • MLS#11955647
  • TypeCommercial
  • CountyWILL
  • CityLockport
  • AreaHomer - Lockport
  • Zip60491
  • StyleSpecial Use
  • Price$ 550,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size4.26745 Acres
Data Source:
Midwest Real Estate Data (MRED)
Property Description

This multi-use property in Lockport, IL is a perfect opportunity for anyone looking for a versatile property. With its O-2 zoning, it is currently in special use permit as a religious institution, but it can easily be transformed to suit a variety of businesses, such as an office, hotel, or self-storage facility. The wastewater treatment on-site can accommodate up to 150 people, and there is city water and hydrant on the property. The existing 3 bedroom house with 2-car garage is a bonus, plus there is (approximately) a 2,100 sq ft detached garage/2 story barn that has a split unit that heats and cools. This property is also eligible to be down-zoned to residential. Don't miss out on this incredible opportunity!

Price History
1/4/2024 Listed $550,000

General Features

Cooling Central Air
Utilities Electric to Site,Gas to Site,Septic-Mechanical,Water-Municipal
Possession Closing
Zoning OFFIC
Construction Materials Wood Frame
Year Built 1962
Electric Service - 101 to 200 Amps
Tenant Pays Varies by Tenant
Stories 2
Township Homer
Property SubType Mixed Use
Tax Year 2021
Current Use Special Use
County Will
Property Type Commercial Sale
Possible Use Office and Research,Special Use
Status Active
Directions South side of 151st,West of Gougar,East of I-355
City Lockport
Total Units 2
MLS Area Homer / Lockport
Lot Size Square Feet 185890
Street Name W 151st
Additional Parcels Y/N No
Days on Market 68
Standard Status Active
Property Type Mixed Use

Interior Features

Street Suffix Street

Exterior Features

Lot Dimensions 373 X 497
Frontage Type City Street,Public Road
Exterior Vinyl Siding

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 60491

Price
AVG $400K
$550K
Visits
AVG 56
118
Data Provided by Inside Real Estate®
Year Built
AVG 1981
1962

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