Historic mixed-use investment opportunity in Downtown Lockport featuring a stabilized income stream and long-term upside. 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. 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.
Listed By
Agency Name: Listing Leaders Northwest, Inc
Agency Phone: 219-961-5478
Shown By
Agent Name: Elmo Dowd
Agent Phone: (815) 520-3939
Agency Title: Berkshire Hathaway HomeServices Crosby Starck Real Estate
Estimated Payment
$ 6,030.22 per month $4,451.13 Principal & Interest $995.75 Property Tax $583.33 Homeowner's Insurance
1100 S State Street | MLS# 12569469
This multi-family property located at 1100 S State Street, Lockport, IL 60441 is currently listed for sale with an asking price of $2,000,000. Search Lockport real estate on elmo.bhhscrosby.com today.