NOT LISTED FOR SALE

16500 W 159th St Lockport, IL 60441

Lockport Area
12 Acres
-- Price per Acre
522,720 Sq Ft Lot

Sale Details

Date Sold: June 25, 2024

Last sale price $400,000

273 Days on Market

About This Lot

As of June 2024

Approximately 12 Acre Site in prime booming location. Proposal to build on the front 4.5 acres attached. Property must be mitigated to build on the front 4.5 acres. Just West of I-355 on 159th! This land is suitable for fast food site or other, and/or 4 acres suitable for office condos, or such. Walgreens on corner, KFC to the east, McDonald's, Starbucks, Jewel and soon Home Depot across the street. This is a prime piece, original owner, motivated. See "other information" for more details.

Last Agent to Sell the Property

Kimberly Wirtz

Wirtz Real Estate Group Inc. License #471005499 Listed on: 06/04/2023

Last Buyer's Agent

Waqar Qureshi

City Habitat Realty LLC License #475147347

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Property Details

Property Type

  • Land

Est. Annual Taxes

  • $9,078

Lot Details

  • 12 Acre Lot
  • Property fronts a highway
  • Property is zoned COMMR

Home Design

  • Mixed Use

Schools

  • Lockport Township High School

Additional Features

  • Electricity Available at Street
  • Gas Available at Street

Property Details

Property Type

Land

Est. Annual Taxes

$9,078

Lot Details

12 Acres

Listing Details

  • Property Type: Land
  • Property Type: Land
  • Ownership: Fee Simple
  • Current Use: Agricultural
  • Road Surface Type: Asphalt
  • General Information: Interstate Access,Flood Zone (Partial)
  • Actual Status: Closed
  • ResoPropertyType: Land
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Commercial
  • Basement Description: None
  • Basement Bathrooms: No

Exterior Features

  • Frontage Type: City Street, Signal Intersection, US Highway
  • Waterfront: No

Utilities

  • Utilities: Electric Nearby, Gas Nearby

Schools

  • High School: Lockport Township High School

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 12
  • Lot Dimensions: APPROX 12 AC.
  • Zoning: COMMR
  • Lot Size: 10.0-24.99 Acres
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Rental Price: 0

Building Info

  • Building(s) on Land: No

Tax Info

  • Tax Annual Amount: 9078
  • Tax Year: 2021

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/25/2024 06/25/24 Sold $400,000 -37.0% --
03/04/2024 03/04/24 Pending -- -- --
06/04/2023 06/04/23 For Sale $635,000 -- --
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $10,156 $118,106 $118,106 $0
2022 $10,156 $110,229 $110,229 $0
2021 $9,079 $104,378 $104,378 $0
2020 $3,729 $41,446 $40,326 $1,120
2019 $3,618 $39,859 $38,739 $1,120
2018 $3,625 $39,351 $38,231 $1,120
2017 $3,563 $38,231 $37,111 $1,120
2016 $3,496 $36,948 $35,828 $1,120
2015 $3,394 $35,561 $34,441 $1,120
2014 $3,394 $34,819 $33,699 $1,120
2013 $3,394 $34,806 $33,686 $1,120
Source: Public Records

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11799328

Midwest Real Estate Data (MRED)
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