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Executive Summary

This exceptional property is ideally situated in a high-demand growth, high visibility, corridor, making it a prime candidate for both commercial and residential development. The site is fully equipped with sewer, water, gas and electric already in place, providing a significant advantage. Ranch home, farmhouse and pole barns as well as additional structures on property. Located outside of any floodplain, the property offers added flexibility and peace of mind when planning. Surrounding land includes a mix of uses. Current unincorporated setting with the potential for annexation into Lockport with a wide range of incorporated potential. This versatility makes the property attractive for developers, investors, and end users alike. Demand in the Lockport area continues to surge as growth expands outward, positioning this parcel directly in the path of development. Easy access to I-80! With no recapture fees and utilities already to the site, this is a rare chance to secure a large, well-located property with substantial upside. Buyers are encouraged to conduct their own due diligence regarding zoning, annexation, and permitted uses. Act now to take advantage of this outstanding opportunity.

Financial Summary (Actual - 2024)

Annual (CAD) Annual Per AC (CAD)
Taxes $16,594 $1,382.84
Operating Expenses - -
Total Expenses $16,594 $1,382.84

Financial Summary (Actual - 2024)

Taxes (CAD)
Annual $16,594
Annual Per AC $1,382.84
Operating Expenses (CAD)
Annual -
Annual Per AC -
Total Expenses (CAD)
Annual $16,594
Annual Per AC $1,382.84

Property Facts

Price $3,561,246 CAD
Sale Type Investment
Sale Condition Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Multifamily
  • Apartment Units - Senior
  • Service Station
Total Lot Size 12.00 AC

1 Lot Available

Lot

Price $3,561,246 CAD
Price Per AC $296,770.49 CAD
Lot Size 12.00 AC

Rare development opportunity in the heart of Will County on Briggs and Division, offering 12 acres across two PINs, priced at just $5 per square foot.

Somewhat walkable
30/100
Exceptionally drivable
90/100
Minimal public transit
10/100
Moderately bikeable
70/100
  • Listing ID: 40216684

  • Date on Market: 2026-04-20

  • Last Updated:

  • Address: 1758 S Briggs St, Lockport, IL 60441

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