BEDS0
BATHS
MLS#12569469
STATUSContingent
PROPERTY TYPEMulti Unit - Multiple
Property Description
Historic mixed-use investment opportunity in Downtown Lockport featuring a stabilized income stream and long-term upside. 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. 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.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Central Air, Central Individual
Lot Size: 0.31 Acres
Stories: 2.0
Taxes: $11,949
Year Built: 1895
Feature Descriptions
Current Use: Multi-Family
Electric: Circuit Breakers
HVAC: Forced Air, Gas
Location: Corner
Lot Dimensions: 13541
Miscellaneous Indoor: Employee Kitchen, Storage Inside
Parcel#: 1104233270010000
Parking: 31-50 Spaces
Potential Use: Commercial, Multi-Family
Tenant Pays: Electricity
Units: 6
Listed By / Shown By
Listed By
Agency Name: Listing Leaders Northwest, Inc
Agency Phone: 219-961-5478
Shown By
Agency Title: Berkshire Hathaway HomeServices Crosby Starck Real Estate
Agency Phone: 815-397-4040
Estimate Your Payment
Estimated Payment
$ 6,030.22 per month $4,451.13 Principal & Interest $995.75 Property Tax $583.33 Homeowner's InsuranceChange Payment Information
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1100 S State Street | MLS# 12569469
This multi-family property located at 1100 S State Street, Lockport, IL 60441 is currently listed for sale with an asking price of $2,000,000. Search Lockport real estate on www.bhhscrosby.com today.