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1758 S Briggs Street Lockport, IL 60441 Land - Farm New

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  • 1758 S Briggs Street, Lockport, IL 60441 Main Photo

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Description

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. 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.

Property Highlights

Property Type: Land - Farm
Total Acres: 12.00 Acres

General Information

County: Will
High School: Lockport Township High School
Listed By:
Century 21 Circle 708-361-0800
MRED MLS
$2,600,000
Est. $17,014/mo
New to the Market New
LOT SIZE 12.000 acres MLS#12613638
STATUSNew PROPERTY TYPELand - Farm SCHOOLDistrict 205

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Ruhl&Ruhl Realtors
563.441.1776

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1758 S Briggs Street, Lockport, IL 60441.

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Loan Type FHA 30 Year FixedVA 30 year fixed30 yr Jumbo
Purchase Price $2,600,000$2,600,000$2,600,000
Down Payment $91,000$0$520,000
Monthly Mortgage Amount $15,512$16,138$12,638
Taxes $3618$3618$3618
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $1,560$0$0
Monthly Estimated Total $21,448$20,514$17,014

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