1100 S State Street Lockport, IL 60441
$2,000,000
Contingent / MLS# 12569423 / Commercial - Business / Lockport
0
Beds
11784
SqFt
Historic mixed-use investment opportunity in Downtown Lockport featuring a stabilized income stream and long-term upside. The property includes a well-established restaurant tenant on a 10-year lease with annual increases, occupying approximately 4,500 SF and covering key utilities-helping reduce operating expenses. Above the retail space are five fully leased apartments with spacious layouts, including large two-bedroom and unique two-story units, providing consistent residential income. Positioned on a prominent corner along State Street in Lockport's historic downtown, the property offers strong visibility, walkability, and access to local dining, retail, and amenities-making it an attractive, turnkey investment.
Baird & Warner New Client Care Team Agent Cell: 312.847.5702 Email
Property Details
Property Type: Commercial - Business
Cooling: Central Individual
Lot Size: 0.31 Acres
Stories: 2.0
Taxes: $11,949
Year Built: 1895
Feature Descriptions
Current Use: Commercial
Electric: Circuit Breakers, Separate Meters
Fire Protection: Carbon Monoxide Detector(s)
HVAC: Forced Air, Gas
Lot Dimensions: 13541
Miscellaneous Indoor: Elevator/s Passenger, Multi-Tenant, Private Restroom/s, Public Restroom/s, Basement
Parcel#: 1104233270010000
Parking: 31-50 Spaces, Assigned Spaces, Lighted, Paved, Private Lot, Public Lot
Potential Use: Commercial, Multi-Family
Tenant Pays: Electricity, Heat, Insurance, Scavenger, Sewer
Units: 6
Location
See details and scored characteristics about this location.
Listing Office: Listing Leaders Northwest, Inc
Listing Office Phone: 219-961-5478
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Member Participants (and their affiliated licensees, if applicable) shall indicate on their websites that IDX information is provided exclusively for consumers’ personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time. MLS GRID may, at its discretion, require use of other disclaimers as necessary to protect Member Participant, and/or their MLS from liability.
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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