Corcoran Urban Real Estate
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6 Properties Within 0.5 miles of: 1016 State, Lockport

1016 State
Lockport, IL 60441

  • Built In 2023
Price

$1,795,000

Est Payment
$12,211 / month (details)  
Taxes
$32,349  
Type
Multi Family 5+  
Sq. Ft.
n/a  
Lot Size
55X95  
Built
2023  
Neighborhood
Homer / Lockport  
MLS
#12389488
Status
Active (14 days)

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.

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Property Details

Utilities

  • Heating
  • Cooling Central Air, Wall Sleeve
  • Water
  • Sewer

Additional Information

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Principal & Interest
$0
Property Tax
$0
Assessments
$0
Home Insurance
$0
Mortgage Insurance
$0

Listing History

06-10-2025 Listed at $1,795,000
Last Modified 6/16/25 12:05 AM

Nearby Transportation

  • Heritage Corridor 0.2 mi
  • Hwy 355 South 2.5 mi
  • Hwy 355 North 2.6 mi
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