Lockport, IL 60441 17259 W 143rd Street

17259 W 143rd Street Lockport, IL - Image 117259 W 143rd Street Lockport, IL - Image 217259 W 143rd Street Lockport, IL - Image 3
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17259 W 143rd Street Lockport, IL - Image 417259 W 143rd Street Lockport, IL - Image 517259 W 143rd Street Lockport, IL - Image 617259 W 143rd Street Lockport, IL - Image 717259 W 143rd Street Lockport, IL - Image 817259 W 143rd Street Lockport, IL - Image 917259 W 143rd Street Lockport, IL - Image 1017259 W 143rd Street Lockport, IL - Image 11
Presented By: The Koenig Group Inc
  • MLS# 12381210
  • 06/02/2025
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  • SQFT • 4,850

Home Details

UNIQUE MIXED-USE PROPERTY on 3.35+/- acres 3,500sf Post Frame Warehouse, 1,350sf Brick & Steel Garage along with (3) Single-Family Homes & (1) Duplex. WELCOME TO 17259 W 143RD STREET LOCKPORT, IL 60441 (UN-INCORPORATED WILL COUNTY) - A PHENOMENAL MIXED-USE INVESTMENT OPPORTUNITY JUST 2 MILES MILE FROM THE I-355 & RT 171 INTERCHANGE. THIS 3.35 ACRE SITES IS PERFECTLY TAILORED FOR INVESTORS SEEKING CASH FLOW MULTI-UNITS, OFFERING A UNIQUE BLEND OF WAREHOUSE & RESIDENTIAL PROPERTIES. THIS RARE GEM BOASTS THREE SINGLE-FAMILY HOMES AND A DUPLEX, ALL FULLY RENTED with BELOW MARKET RENTS, NESTLED WITHIN A PRIME LOCATION JUST OFF OF I-355 & RT 171. THE POTENTIAL FOR GROWTH AND CASH FLOW HERE IS TRULY UNPARALLELED! R-2 ZONED LOCATED ON A TOTAL OF 3.35+/- ACRES, WITH A 3,500SF POST FRAME WAREHOUSE W/ 14 X 14 DOOR, 1,350+/-SF (30' X 45') BRICK & STEEL GARAGE W/ (2) 9 X 9 DOORS & 1EA 10X10 DOOR. ALONG WITH THREE (3) SINGLE-FAMILY & (1) DUPLEX RESIDENTIAL UNITS. WILL COUNTY DEEMED TO BE "LEGAL NONCONFORMING". THE PROPERTY IS STRICTLY LIMITED TO THOSE USES THAT ARE WITHIN THE R-2 ZONING DISTRICT. THE ACCESSORY STRUCTURE SQUARE FOOTAGE IS DETERMINED TO BE "LEGAL NONCONFORMING". THE SETBACK FOR THE 2 BEDROOM HOME IS DEEMED TO "LEGAL, NON-CONFORMING". 3,500SF POST FRAME WAREHOUSE (70'W X 50'D). (1) 14'X14' DRIVE IN DOORS, 18' CLEAR CEILING HEIGHT, FLOOR DRAINS, OFFICE & RESTROOM, 200AMP / 3 PHASE POWER, 1,350SF BRICK & STEEL GARAGE W/ (2) 9 X 9 DOORS & 1EA 10X10 DOOR R-2 ZONING UNINCORPORATED WILL COUNTY - LIMITED USES DO TO ZONING - RECENTLY DETERMINED THAT THIS PROPERTY NOW CLASSIFIED AS A "LEGAL NONCONFORMING USE". 3 BEDROOM, 2 BATH FULL FINISHED BASEMENT & 1 CAR ATTACHED GARAGE & SHED 4 BEDROOM, 1 BATH RANCH HOME WITH LARGE SHED 2 BEDROOM 1 BATH RESIDENCE 1 DUPLEX W/ 2EA STUDIO/1 BEDROOM RESIDENCES UNITS HAVE THEIR OWN WATER SOFTENERS. 4 BEDROOM HOME HAS HOT WATER HEAT & THE DUPLEXES HAVE FORCED AIR HEAT. 5 STOVES, 5 REFRIGERATORS, 3 WASHER & 2 DRYERS INCLUDED. THERE ARE 2 WELLS FOR THE PROPERTY AND 4 SEPTIC TANKS NO SEMI TRUCK USE, REPAIR, PARKING, ect... 24 hour min notice needed due to multiple tenants to schedule showing with. Showing could take a couple of days to set up to see all structures.
Presented By: The Koenig Group Inc

General for 17259 W 143rd Street

Additional Parcels Y/NYes
Cap Rate6
CityLockport
CoolingCentral Air, Window Unit(s)
CountyWill
DirectionsRt 171 (State St) to High Rd to W 143rd St to property
ElectricSeparate Meters
Gross Income66600
Leasable Area4850
Lot Size Square Feet145926
MLS AreaHomer / Lockport
ModificationTimestamp2025-06-08T05:06:02.021Z
Net Operating Income44893
Number Of Units Total5
Operating Expense21707
Property TypeCommercial Sale
Property TypeIndustrial
Standard StatusActive
StatusActive
Stories0
Tax Annual Amount15607
Tax Year2023
Tenant PaysElectricity, Heat, Varies by Tenant
TownshipLockport
Year Built1950
ZoningOTHER

Exterior for 17259 W 143rd Street

Building Area Total4850
Lot Dimensions145926

Additional Details

Price History

Client Care

Price $750,000
MLS#12381210
List Date 06/02/2025
Property Type Industrial
Phone 847.485.2500
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