16059 West 151st Street

Lockport, IL 60491

$550,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

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...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!
  1. Listed by Diana Matichyn • Coldwell Banker Realty

Property Details for 16059 West 151st Street

Area
Homer / Lockport
Township
Homer
Zoning
OFFIC

Location

Listing Courtesy of Coldwell Banker Realty
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LISTING UPDATED: 03/11/2024 12:07 AM

Property Details for 16059 West 151st Street

StatusActive
MLS #11955647
Days on Market153
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial Sale
Year Built1962
Lot Size4.27 AC / 185,890 SF
CountyWill County

Location

Listing Courtesy of Coldwell Banker Realty
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Building Information for 16059 West 151st Street

Stories-Residences2Year Built1962Lot Size4.27 AC / 185,890 SF

Payment Calculator

$3,002 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,002

Property Taxes

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 16059 West 151st Street

General Information
Addtl Parking Information
  • Outdoor Parking: 51-100 Spaces
Location and General Information
  • Frontage Type: City Street, Public Road
  • Geographic Locale: Southwest Suburban
  • Information: Show-Lock Box
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Air Conditioning: Central Air
  • Electric: Service - 101 to 200 Amps
  • # Of Washers: 1
  • Heat/Ventilation: Central Bldg Heat,Forced Air
  • # Of Dryers: 1
  • # Of Dishwashers: 1
  • Num of Baths: 0.0
Exterior Features
  • # Of Apts: 0
Utilities / Equipment
  • Utilities: Electric to Site, Gas to Site, Septic-Mechanical, Water-Municipal
Property/Lot Information
  • Tenant Pays: Varies by Tenant
  • Built Before 1978: Yes
  • Approximate Age: Older
  • Lot Dimensions: 373 X 497
  • Lot Size Square Feet: 185890.0
  • Stories: 2
  • Exterior Building Type: Vinyl Siding
  • Construction: Wood Frame
  • Fire Protection: Alarm Monitored,Alarm On Site,Fire Extinguisher/s,Hydrants On Site
  • # Of Offices: 0
  • # Of Ranges: 1
  • # Of Stores: 0
  • Property Sub Type: Mixed Use
Property and Assessments
  • Possible Use: Office and Research, Special Use
  • Public Document Count: 3
  • Document Date: 2024-01-04T15:55:49
  • Photos Count: 4
Miscellaneous
  • Current Use: Special Use
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 2
Income & Expenses
  • Electric Expense: $.00
  • Fuel Expense: $.00
  • Gross Income: $.00
  • Gross Scheduled Income: $.00
  • Insurance Expense: $.00
  • Known Encumbrances: None Known
  • Total Monthly Income: 0
  • Net Operating Income: $.00
  • Operating Expense: $.00
  • Other Expense: $.00
  • Trash Expense: $.00
  • Water Sewer Expense: $.00

Property History for 16059 West 151st Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 16059 West 151st Street

Taxable ValueLand-Additions-Total-
Home Facts
Lot Size183,388 SqFtStyleGovernmental / Public UseCountyWILLAPN16-05-18-200-040

Schools near 16059 West 151st Street

This home is within Will County School District 92.
Rating
School
Type
Grades
Distance
Public - PK to 1
Public - 2 to 3
Public - 4 to 5
Public - 6 to 8
Rating
School
Distance
Walsh Elementary School
PublicPK to 1

Reed Elementary School
Public2 to 3

Ludwig Elementary School
Public4 to 5

Oak Prairie Jr High School
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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16059 West 151st Street is a mixed use property for sale in Lockport, IL 60491. This property was listed for sale on January 4, 2024 by Coldwell Banker Realty, it's currently listed at $550,000. It has been on the market for a total of 153 days and was last sold on April 20, 2011. This listing's school districts are Will County School District 92, Lockport Twp Hsd 205 School District. Nearby schools include Walsh Elementary School, Reed Elementary School and Ludwig Elementary School. 16059 West 151st Street is a 0-bed, 0-bath, mixed use property built in 1962.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Coldwell Banker Realty

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.