Property for Sale: 1016 State, Lockport, IL 60441

$2,000,000
$2,000,000
1016 State, Lockport, IL 60441
$2,000,000
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Floor Plans
Price:
$2,000,000

Type Commercial
Year Built 2023

City Lockport
County Will

MLS 12165319
Status Active
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.

Virtual Tours for 1016 State Lockport, IL

Lot & Building Features

Construction Brick
Cooling Central Air, Wall Sleeve
Tax Year 2023
Lot Dimensions 55X95 ft

Price History of 1016 State, Lockport, IL

Date Name Price Difference
12/31/1969 Listing Price $2,000,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.
Photo of The Fitzpatrick Team
Listed by Vylla Home, Robert Miller
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20%
1%
6.75%
$
$
$
Monthly Payment
Principal & Interest
Monthly Taxes
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Monthly Home Ins.
Monthly PMI

1016 State (MLS #12165319) is a commercial listing located in Lockport, IL. This property was listed on 09/16/2024 and has been priced for sale at $2,000,000.

Nearby zip codes are 60403, 60432, 60442, 60446 and 60491. This property neighbors other cities such as Crest Hill, Homer Glen, Joliet, Manhattan and Romeoville.

Midwest Real Estate Data

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: Vylla Home