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$1,850,000
14 Days On Site

1016 State Street
Lockport, IL 60441

For Sale|Multi Family|Active
0
Beds
0
Total Baths
2023
Built
County:
Will
Listing Courtesy of MRED as distributed by MLS Grid of Vylla Home
Call Now: 847-380-8388
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847-380-8388
1016 State Street1016 State Street1016 State Street1016 State Street
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Monthly Payment (Est.)

$8,440
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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.

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Listing Snapshot
Price 
$1,850,000
Days On Site 
14 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
2023
MLS® Number 
12372607
Status 
Active
Property Tax 
$27,209
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
a week agoListing updated with changes from the MLS®
a week agoStatus changed to Active
2 weeks agoListing first seen on site
General Features
Additional Property Use 
Commercial
Number Of Stories 
3
Property Sub Type 
Multi Family
Zoning 
MULTI
Interior Features
Cooling 
Central Air
Electric 
Circuit Breakers
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Exterior Features
Construction Details 
Brick
Community Features
MLS Area 
Homer / Lockport
Township 
Lockport
Listing Courtesy of MRED as distributed by MLS Grid of Vylla Home



Based on information submitted to the MLS GRID as of 2025-06-06 02:42 PM UTC. 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.
Last checked: 2025-06-06 02:42 PM UTC
MRED DMCA Copyright Information Copyright © 2025 Midwest Real Estate Data LLC. All rights reserved.

Neighborhood & Commute
Source: Walkscore
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