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1513 S State Street

Lockport, IL 60441
  • $1,200,000
  • STATUS: Active
  • ON SITE: 102 Days
  • MLS #: 12501074
UPDATED: 125 min ago
$1,200,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1987
County:
Area:

School Ratings & Info

Description

Corner 4-unit retail plaza located at the high-traffic intersection of State St and Division St in Lockport. Two units currently leased to established tenants - a popular pizza restaurant and a neighborhood liquor store. A mix of occupied and vacant units ideal for immediate income + future upside. High visibility, easy access, ample parking and stable surrounding businesses create the perfect location for long-term investment success. Great potential for owner-user or investor. Strong traffic counts and growing area make this a solid long-term asset. Two units are vacant and can typically be shown at any time with appointment. Two units are occupied and access depends on customer traffic and business activity-availability may vary. Second PIN 1104233230040000 holds other three properties 1525, 1527, 1529 S. State St. 9, 048 sq. ft.

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© 2026 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Leila Keene & Marjorie Allabastro Team | Baird & Warner. Based on information submitted to the MRED as of 2026-02-16T13:19:08.907 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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1513 S State Street Lockport, IL 60441

  • Price: $1,200,000
  • Status: Active
  • On Site: 102 Days
  • Updated: 125 min ago
  • MLS #: 12501074
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1987
Built
Neighborhood:
Will
County:
Will
Area:
Will
Property Description
Corner 4-unit retail plaza located at the high-traffic intersection of State St and Division St in Lockport. Two units currently leased to established tenants - a popular pizza restaurant and a neighborhood liquor store. A mix of occupied and vacant units ideal for immediate income + future upside. High visibility, easy access, ample parking and stable surrounding businesses create the perfect location for long-term investment success. Great potential for owner-user or investor. Strong traffic counts and growing area make this a solid long-term asset. Two units are vacant and can typically be shown at any time with appointment. Two units are occupied and access depends on customer traffic and business activity-availability may vary. Second PIN 1104233230040000 holds other three properties 1525, 1527, 1529 S. State St. 9, 048 sq. ft.
Interior Features

Cooling Central Individual Heat Ventilation Heat Pump Number Of TLDocks 3

Property Features

Additional Parcels YN Yes Association Fee Frequency Not Applicable Building Area Total 12251 Business Type Retail Current Use CommercialMedical/Dental Electric Service - 101 to 200 Amps Fire Protection Alarm On SiteFire Extinguisher/s Leasable Area 0 Mls Actual Status Active Net Operating Income 40200 Number Of Tenants 2 Property Offered For Sale Only Tax Annual Amount 16627 Tax Year 2024 Type Retail/Stores Zoning COMMR

Listing information © 2026 Midwest Real Estate Data LLC.
Listing provided courtesy of Exit Real Estate Specialists: 815-457-7575.


© 2026 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Leila Keene & Marjorie Allabastro Team | Baird & Warner. Based on information submitted to the MRED as of 2026-02-16T13:19:08.907 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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Chicago IL, 60642