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16059 W 151st Street Lockport, IL $ 550,000
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$ 550,000 Get more info
16059 W 151st Street
$ 550,000
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16059 W 151st Street

Lockport, IL, 60491
$ 550,000
Baths0.0

Monthly Estimate*

$ 3,842

16059 W 151st Street, Lockport, IL 60491 - Image 1
16059 W 151st Street, Lockport, IL 60491 - Image 2
16059 W 151st Street, Lockport, IL 60491 - Image 3
16059 W 151st Street, Lockport, IL 60491 - Image 4
Studio

Commercial Property for sale in Lockport, IL

for $550,000. This building was built in 1962 on a lot size of 4.26745.

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!

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Commercial Active

Price

$ 550,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 0

Style

Special Use

Lot Size

4.26745

Year Built

1962

Town/City

Lockport

County/Region

Will

MLS | Web ID

11955647
Features
General
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
Gross Income 0
County Will
Net Operating Income 0
Operating Expense 0
Insurance Expense 0
Property Type Commercial Sale Mixed Use
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
Electric Expense 0
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 0
Additional Parcels Y/N N
Days on Market 68
Standard Status Active
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Exterior
Lot Dimensions 373 X 497
Frontage Type City Street Public Road
Exterior Vinyl Siding
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Interior
Street Suffix Street
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* Excluded Features
List By
Coldwell Banker Realty

Broker

diana@dianamatichyn.com

Email

Affordability Calculator

$3,842
Per Month
100%
0%
0%
Monthly Principal & Interest
$3,842
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
1/4/2024$550,000 Listed Price

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16059 W 151st Street, Lockport, IL, 60491 is a Commercial Property for sale at $550,000 with a lot size of 4.26745. 16059 W 151st Street is a studio with 0.0 baths and was built in 1962. The property's zip code is 60491 which is in Lockport, IL

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