This 8,100 SF office building in Lockport offers an exceptional investment opportunity with excellent visibility and easy access to I-355. Located in a well-maintained 7-building association, the property features 12 offices, a breakroom, a vestibule, 8 restrooms, and 8,100 SF of usable space on the main level, plus an additional 4,050 SF of usable space on the lower level and 4,050 SF of storage. The roof and HVAC systems are well-maintained, and the recently seal-coated parking lot enhances both value and curb appeal. Currently leased to a long-term tenant for several more years, the property provides a stable income stream. With low Will County taxes, a prime location near new developments along 159th Street, and a strong tenant in place, this is an ideal opportunity for investors seeking a solid, income-producing asset with long-term potential. Don't miss the chance to secure this well-located office building in a rapidly growing area.
MLS# | 12205169 |
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Listing Type | For Sale |
Style | Office Building |
Sub-Type | Resale |
Status | Active |
Year | 2005 |
Days On Site | 95 |
Listing Provided By | Olivieri Real Estate LLC | Madison Watson |
SQ Feet | 8,100 |
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Story(s) | 1 |
Units | 4 |
Zoning | OFFIC |
State | IL |
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County | Will |
City | Lockport |
Zip Code | 60441 |
Area | Homer | Lockport |
Listing VS Median (in 60441) | |
Price: $1,498,500 low | high Med: $390,990 SqFt: 8,100 low | high Med: 1,840 $ / SqFt: $185 low | high Med: $212 On Site: 95 low | high Med: 35.000000 |