Courtesy: Realty Executives Ambassador
708-349-1111
This building has been vacant for a number of years. It did have a bar and liquor store and apartment. This building has great potential. It is located on busy Archer Avenue on a corner with a stop light and several curb cuts for easy access. This building is in shell condition.
Courtesy: Coldwell Banker Real Estate Group
815-838-7030
Welcome to this 5-unit residential property located just blocks away from the train station, downtown Lockport, and Local Highways. Building includes one 2 Bedroom/1Bath, and the rest are all 1/1's. Full basement that can be used for storage, Large 2 Car garage that 1 tenant is currently using. Large Concrete pad out back for the tenants to use as well. Come make this your potential.
Courtesy: Vylla Home
773-831-2000
**New Price** - Don't Miss This Deal Exceptional Investment Opportunity Prime Downtown Lockport Property Seize a rare chance to own a remarkable asset in the heart of Downtown Lockport. This impressive three-story brick building, located at 1016 State St., was constructed in 2023 and offers a unique blend of luxury and versatility in an unbeatable location. The property features four modern, high-end residential rentals alongside a flexible storefront/office space, making it an ideal investment opportunity. Fully leased, the building ensures immediate returns and is perfect for investors seeking a turnkey solution with a strong tenant base in both the residential and commercial sectors. Key Features: Four Sophisticated units: Thoughtfully designed with contemporary finishes, offering residents a luxurious living experience. Storefront/Office Space: An obvious commercial space that provides excellent exposure, perfect for retail or office use. Just steps away from the train station and close to major highways and Lewis University, ensuring easy accessibility for tenants and clients. This is your opportunity to invest in a high-yield, prime-location property that promises immediate cash flow and long-term value. Don't let this opportunity slip away-secure a top-tier asset in one of Lockport's most vibrant areas.
Courtesy: Vylla Home
773-831-2000
**New Price ** - Don't Miss This Deal Exceptional Investment Opportunity Prime Downtown Lockport Property Seize a rare chance to own a remarkable asset in the heart of Downtown Lockport. This impressive three-story brick building, located at 1016 State St., was constructed in 2023 and offers a unique blend of luxury and versatility in an unbeatable location. The property features four modern, high-end residential rentals alongside a flexible storefront/office space, making it an ideal investment opportunity. Fully leased, the building ensures immediate returns and is perfect for investors seeking a turnkey solution with a strong tenant base in both the residential and commercial sectors. Key Features: Four Sophisticated units: Thoughtfully designed with contemporary finishes, offering residents a luxurious living experience. Storefront/Office Space: An obvious commercial space that provides excellent exposure, perfect for retail or office use. Just steps away from the train station and close to major highways and Lewis University, ensuring easy accessibility for tenants and clients. This is your opportunity to invest in a high-yield, prime-location property that promises immediate cash flow and long-term value. Don't let this opportunity slip away-secure a top-tier asset in one of Lockport's most vibrant areas.
Courtesy: Coldwell Banker Real Estate Group
815-838-7030
Welcome to this 5-unit residential property located just blocks away from the train station, downtown Lockport, and Local Highways. Building includes one 2 Bedroom/1Bath, and the rest are all 1/1's. Full basement that can be used for storage, Large 2 Car garage that 1 tenant is currently using. Large Concrete pad out back for the tenants to use as well. Come make this your potential.
Courtesy: Keller Williams Preferred Rlty
708-798-1111
Rare opportunity to own a distinctive 6,264 SF mixed-use building in downtown Lockport's Historic District and Municipal Core. Built in 1936 as the Lockport Fire Department and later used as City Hall, the property has been modernized with updated electrical, HVAC, fire protection and passenger elevator. The existing layout lends itself well to an owner-user plus income-producing office suite strategy, with minimal reconfiguration required to create multiple rentable spaces. Proposed stabilized configuration includes a 1,235 SF street-level retail/office suite, additional main-floor office, five second-floor professional suites, and a 714 SF basement unit/storage area, supported by shared conference room, kitchen, restrooms, elevator and private rear parking. Projected stabilized rental income of $136,200 and NOI of $63,590 indicate an approximate 7.95 cap rate at the current asking price, subject to lease-up and buyer verification. Owner-user could occupy the main retail/office suite and lease the balance to balance occupancy costs, or a larger tenant could occupy the entire main level. C4 Downtown Commercial zoning supports a range of office, retail, service and other commercial uses. Strong State Street exposure with approximately 11,900 AADT.
Courtesy: Exit Real Estate Specialists
815-457-7575
Corner 4-unit retail plaza located at the high-traffic intersection of State St and Division St in Lockport. Two units currently leased to established tenants - a popular pizza restaurant and a neighborhood liquor store. A mix of occupied and vacant units ideal for immediate income + future upside. High visibility, easy access, ample parking and stable surrounding businesses create the perfect location for long-term investment success. Great potential for owner-user or investor. Strong traffic counts and growing area make this a solid long-term asset. Two units are vacant and can typically be shown at any time with appointment. Two units are occupied and access depends on customer traffic and business activity-availability may vary. Second PIN 1104233230040000 holds other three properties 1525, 1527, 1529 S. State St. 9, 048 sq. ft.
Lockport is located in Illinois. Lockport, Illinois has a population of 26,070. Lockport is more family-centric than the surrounding county with 38.25% of the households containing married families with children. The county average for households married with children is 37.33%.
The median household income in Lockport, Illinois is $96,481. The median household income for the surrounding county is $95,751 compared to the national median of $69,021. The median age of people living in Lockport is 36.8 years.
The average high temperature in July is 84 degrees, with an average low temperature in January of 15.8 degrees. The average rainfall is approximately 39 inches per year, with 30.5 inches of snow per year.
