
Downtown Lockport IL | 1016 S State St
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you

Your email has been sent!
Downtown Lockport IL 1016 S State St
5 Unit Apartment Building $2,893,000 CAD ($578,600 CAD/Unit) 5.25% Cap Rate Lockport, IL 60441



EXECUTIVE SUMMARY
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.
PROPERTY FACTS
UNIT AMENITIES
- Cable Ready
- Dishwasher
- Ceiling Fans
- Eat-in Kitchen
- Refrigerator
1 of 1
Walk Score®
Very Walkable (81)
PROPERTY TAXES
Parcel Number | 11-04-23-326-019 | Improvements Assessment | $0 CAD |
Land Assessment | $12,931 CAD | Total Assessment | $12,931 CAD |
PROPERTY TAXES
Parcel Number
11-04-23-326-019
Land Assessment
$12,931 CAD
Improvements Assessment
$0 CAD
Total Assessment
$12,931 CAD
1 of 28
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by

Downtown Lockport IL | 1016 S State St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.