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1100 S State Street Lockport, IL $ 2,000,000
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$ 2,000,000 Get more info
1100 S State Street
$ 2,000,000
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1100 S State Street

Lockport, IL, 60441
$ 2,000,000
Bedrooms-- Baths-- Sq 11,784

Monthly Estimate*

$ 12,314

1100 S State Street, Lockport, IL 60441 - Image 1
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1100 S State Street, Lockport, IL 60441 - Image 3
1100 S State Street, Lockport, IL 60441 - Image 4
1100 S State Street, Lockport, IL 60441 - Image 5
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1100 S State Street, Lockport, IL 60441 - Image 7
1100 S State Street, Lockport, IL 60441 - Image 8
1100 S State Street, Lockport, IL 60441 - Image 9
1100 S State Street, Lockport, IL 60441 - Image 10
1100 S State Street, Lockport, IL 60441 - Image 11
1100 S State Street, Lockport, IL 60441 - Image 12
1100 S State Street, Lockport, IL 60441 - Image 13
1100 S State Street, Lockport, IL 60441 - Image 14
1100 S State Street, Lockport, IL 60441 - Image 15
1100 S State Street, Lockport, IL 60441 - Image 16
1100 S State Street, Lockport, IL 60441 - Image 17
1100 S State Street, Lockport, IL 60441 - Image 18

Commercial Property for sale in Lockport, IL

for $2,000,000. This 11,784 square foot building was built in 1895 on a lot size of 0.310859.

Historic mixed-use investment opportunity in Downtown Lockport featuring a stabilized income stream and long-term upside. The property includes a well-established restaurant tenant on a 10-year lease with annual increases, occupying approximately 4,500 SF and covering key utilities-helping reduce operating expenses. Above the retail space are five fully leased apartments with spacious layouts, including large two-bedroom and unique two-story units, providing consistent residential income. Positioned on a prominent corner along State Street in Lockport's historic downtown, the property offers strong visibility, walkability, and access to local dining, retail, and amenities-making it an attractive, turnkey investment.

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Commercial Active

Price

$ 2,000,000

Property Type

Commercial

Taxes

$ 11,949

Style

Commercial

Lot Size

0.310859

Year Built

1895

Town/City

Lockport

County/Region

Will

MLS | Web ID

12569423
Features
General
Cooling Central Individual
Possession Closing
Zoning COMMR
Year Built 1895
Electric Circuit Breakers Separate Meters
Tenant Pays Electricity Heat Insurance Scavenger Sewer
Stories Count 2
Property Subtype Mixed Use
Tax Year 2024
Current Use Commercial
Gross Income 207000
County Will
Net Operating Income 158561
Operating Expense 48439
Insurance Expense 7000
Property Type Commercial Sale Mixed Use
Possible Use Commercial Multi-Family
Status New
Directions 171/ARCHER AVE/STATE STREET IN CENTER OF DOWNTOWN TO 11TH. ON NORTH EAST CORNER OF STATE & 11TH
City Lockport
Number Of Units Total 6
MLS Area Homer / Lockport
Lot Size Square Feet 13541
Tax Annual Amount 11949
Electric Expense 1800
Fuel Expense 0
Trash Expense 3840
Water Sewer Expense 8400
Additional Parcels Y/N N
Standard Status Active
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Exterior
Building Area Total 11784
Lot Dimensions 13541
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* Excluded Features
List By
Listing Leaders Northwest, Inc

Broker

anthony.munoz1@outlook.com;amunoz@ajcommercialgroup.com

Email

Affordability Calculator

$13,310
Per Month
93%
7%
0%
Monthly Principal & Interest
$12,314
Monthly Property Taxes
$996
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
See complete school information
Pricing History
DatePricePrice ChangeDescription
2/17/2026$2,000,000 Listed Price

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1100 S State Street, Lockport, IL, 60441 is a Commercial Property for sale at $2,000,000 with 11,784 sqft and a lot size of 0.310859. 1100 S State Street was built in 1895. The property's zip code is 60441 which is in Lockport, IL

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