Commercial Sale

1016 State Street, Lockport, Illinois 60441

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Property Description

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.

Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : MRD12155199
Price : $2,000,000
Year Built : 2023
Features
Cooling System : Central Air, Wall Sleeve
Address Map
Country : US
State : IL
County : Will
City : Lockport
Zipcode : 60441
Street : State
Street Number : 1016
Street Suffix : Street
Floor Number : 0
Longitude : W89° 56' 31.7''
Latitude : N41° 35' 17.2''
Area : Homer / Lockport
MLS Addon
Agent Name : Robert
DaysOnMarket : 6
Directions : 3 miles south of I-355 at Archer Ave.
List Agent Full Name : Robert Miller
List Agent MLSID : MRD238472
List Office MLSID : MRD24093
List Office Name : Vylla Home
Parcel Number : 1104233260220000
Tax Year : $2,023
Virtual Tour Link Unbranded : Click Here
Zoning : MULTI
ListAgentLastName : Miller
Annual Tax Amount : $0
HOA/POA-Annual Amt. : $0
HOA/POA-Monthly Amt. : $0
Status : Active
PhotosChangeTimestamp : 10/09/2024 15:57:01
Commercial Sale For Sale
  • Listing ID : MRD12155199
$2,000,000
Agent info
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