Retail Development Site
$950,000
1050 East 9th Street, Homer Glen, IL 60441
7,684 sqft
Building Size
0.77 acres
Lot Area
Details:
Highlights:
- Hard Corner With Stoplight
- Surrounded by National Brand Co-Tenancy
- Many Recent New Developments in the Area
- Main Roadway Connecting Downtown Lockport (1.25 miles) to the I-355 Interchange (1.4 miles)
Description:
Retail Development site in the heart of Lockport's retail corridor (159th Street / Route 7). Just over 3/4 acre on hard corner of signalized intersection of 9th Street and Loch Lane. The property consists of two parcels: An unincorporated parcel with a single family home on the hard corner, and the neighboring restaurant property which is within the City of Lockport. Combined, they offer 218 feet of frontage on 9th Street, where 14,000 VPD pass by.
Hard corner with stoplight surrounded by national brand co-tenancy in the heart of Lockport's east retail corridor on 9th Street (AKA 159th Street & Route 7). 14,000 vehicles per day pass this site along 9th Street, which is the main artery connecting Downtown Lockport to the I-355 interchange (just 1.4 miles away). Close to 10,000 people live within a 1 mile radius. The property enjoys ideal visibility, and is directly across the street from McDonalds, Ace Hardware, Dunkin, and many other national retailers, banks and services businesses, including the post office, Planet Fitness, PNC Bank, US Bank, and many others.
This property is comprised of two separate parcels, both of approximately .39 acres, totaling .77 acres (33,541 SF). The western parcel incorporated in the City of Lockport, and is improved with a 4,684 SF restaurant building. The eastern parcel is currently unincorporated, and is improved with a single family home of approximately 3,000 (3-bed, 1-bath).
Location
Gallery
