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1100 S State Street, Lockport, IL 60441

$2,000,000
  • 1100 S State Street, Lockport, IL 60441 Main Photo

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Contingent
SQUARE FEET11,784 MLS#12569423
STATUSContingent PROPERTY TYPECommercial - Business

Property Description

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.

1100 S State Street | MLS# 12569423

This commercial 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.

Property Features

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

Listed By / Shown By

Listed By

Agency Name: Listing Leaders Northwest, Inc
Agency Phone: 219-961-5478

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