201 S State Street Lockport, IL $ 175,000
201 S State Street
$ 175,000
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201 S State Street

Lockport, IL, 60441
$ 175,000
Bedrooms-- Baths-- Sq 2,500

Monthly Estimate*

$ 1,105

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Commercial Property for sale in Lockport, IL

for $175,000. This 2,500 square foot building was built on a lot size of 229.568.

TURNKEY BUSINESS OPPORTUNITY IN LOCKPORT - REAL ESTATE NOT INCLUDED. Fully built-out hookah and cigar lounge offering around 2,500 SF of interior space plus an over 1,300 SF private outdoor patio. The remodeled interior features multiple lounge and seating areas, distinctive illuminated wall finishes, built-in humidor, tobacco and cigar retail/display area, prep area, office, specialized smoke-filtration systems, furniture, fixtures and equipment. Significant build-out is already in place, giving a new owner the opportunity to take over a completed lounge setup rather than starting from an empty commercial shell. Architectural plans indicate an occupant load of approximately 85 people; buyer should independently verify current permitted occupancy and all applicable requirements. Existing hookah/tobacco license is transferable. Business and specified assets offered at $175,000. Real estate is not included.

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Commercial Active

Price

$ 175,000

Property Type

Commercial

Taxes

$ 99,999,999

Style

Bar/Tavern/Lounge

Lot Size

229.568

Town/City

Lockport

County/Region

Will

MLS | Web ID

12755331

Features
General
Cooling Central Air
Possession Closing
Zoning COMMR
Stories Count 1
Tax Year 2025
Business Type Bar/Tavern/Lounge
County Will
Operating Expense 197500
Property Type Business Opportunity Bus / Bus w/Real Est
Status Active
Directions Located on S State St near E 2nd St in downtown Lockport.
City Lockport
MLS Area Homer / Lockport
Lot Size Square Feet 9999999
Tax Annual Amount 99999999
Additional Parcels Y/N N
Standard Status Active
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Exterior
Building Area Total 2500
Lot Dimensions 0.45 AC
Waterfront Y/N N
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* Excluded Features
List By
Komar

Broker

diana.simkiv@gmail.com

Email

Affordability Calculator

$8,334,438
Per Month
0%
100%
0%
Monthly Principal & Interest
$1,105
Monthly Property Taxes
$8,333,333
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
9/11/2026$175,000 Listed Price

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201 S State Street, Lockport, IL, 60441 is a Commercial Property for sale at $175,000 with 2,500 sqft and a lot size of 229.568. The property's zip code is 60441 which is in Lockport, IL