Lockport, IL 60441 16610 W 159th Street # 103
$700,000



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Presented By: Century 21 Circle
Home Details
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).
Presented By: Century 21 Circle
General for 16610 W 159th Street # 103
Additional Parcels Y/NNo
Cap Rate8
CityLockport
Construction MaterialsBrick
CoolingCentral Air
CountyWill
Current UseOffice
Directions159th St between Farrell & Gouger Rd North side.
ElectricCircuit Breakers
Gross Income72000
Leasable Area4000
Lease TypeGross
Lot Size Square Feet
MLS AreaHomer / Lockport
ModificationTimestamp2025-08-26T05:07:14.790Z
Net Operating Income55000
Operating Expense17000
Property SubtypeOffice
Property TypeCommercial Sale
Property TypeOffice/Tech
Standard StatusActive
StatusActive
Stories Count1
Tax Annual Amount8719
Tax Year2024
TownshipLockport
Unit Number103
Year Built2006
ZoningOFFIC
Exterior for 16610 W 159th Street # 103
Building Area Total4000
Foundation DetailsConcrete Perimeter
Lot Dimensions0000
Additional Details
Price History

SQFT • 4,000