1513 S State Street Lockport, IL $ 1,200,000
1513 S State Street
$ 1,200,000
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1513 S State Street

Lockport, IL, 60441
$ 1,200,000
Bedrooms-- Baths-- Sq 12,251

Monthly Estimate*

$ 7,486

1513 S State Street, Lockport, IL 60441 - Image 1
1513 S State Street, Lockport, IL 60441 - Image 2
1513 S State Street, Lockport, IL 60441 - Image 3
1513 S State Street, Lockport, IL 60441 - Image 4
1513 S State Street, Lockport, IL 60441 - Image 5
1513 S State Street, Lockport, IL 60441 - Image 6
1513 S State Street, Lockport, IL 60441 - Image 7

Commercial Property for sale in Lockport, IL

for $1,200,000. This 12,251 square foot building was built in 1987 on a lot size of 0.081612.

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. Prime visibility and easy access with ample parking. 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.

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Commercial Active

Price

$ 1,200,000

Property Type

Commercial

Taxes

$ 16,627

Style

Retail

Lot Size

0.081612

Year Built

1987

Town/City

Lockport

County/Region

Will

MLS | Web ID

12501074

Features
General
Cooling Central Individual
Zoning COMMR
Year Built 1987
Electric Service - 101 to 200 Amps
Stories Count 1
Tax Year 2024
Current Use Commercial Medical/Dental
Business Type Retail
Assoc Fee Paid Per Not Applicable
County Will
Net Operating Income 40200
Property Type Commercial Sale Retail/Stores
Status Active
Directions Archer (State street in Lockport) to Division south of Metra Station
City Lockport
Number Of Units Total 4
MLS Area Homer / Lockport
Lot Size Square Feet 3555
Tax Annual Amount 16627
Additional Parcels Y/N Y
Leasable Area 0
Standard Status Active
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Exterior
Building Area Total 12251
Lot Dimensions 3555
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* Excluded Features
List By
Exit Real Estate Specialists

Broker

melanie.aranda@exitrealestatespecialists.com

Email

Affordability Calculator

$8,872
Per Month
84%
16%
0%
Monthly Principal & Interest
$7,486
Monthly Property Taxes
$1,386
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/5/2025$1,200,000 Listed Price

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1513 S State Street, Lockport, IL, 60441 is a Commercial Property for sale at $1,200,000 with 12,251 sqft and a lot size of 0.081612. 1513 S State Street was built in 1987. The property's zip code is 60441 which is in Lockport, IL