1016 State Street, Lockport IL, 60441

Active

1016 State Street

Lockport IL, 60441

$2,000,000

Active

Multi-family

Built in 2023

Courtesy of Vylla Home

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.

12155199

MLSⓇ ID

September 9, 2024

Listed

September 17, 2024

Updated

Map

1016 State Street
Lockport IL, 60441

Interior Features

Total Stories: 3
Fireplace: No
Cooling: Yes
Cooling Description: Central Air, Wall Sleeve
Heating: No

Exterior/Building Features

Other Property Details

Area Name: Homer / Lockport
Taxes: $27,209
Tax Frequency: Annually
Days on Market: 6
Garage: No
View: No
County: Will
Municipality: Lockport
Pool: No
Zoning: MULTI

Courtesy of Vylla Home, Robert Miller,
Listing Contact: 708-372-0505

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity^SM Program of Midwest Real Estate Data. Real estate listings held by brokerage firms other than Christine Wilczek & Jason Bacza are marked with the Broker Reciprocity^SM logo or the Broker Reciprocity^SM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.

Based on information submitted to the MLS GRID for MRED 9/17/2024. All data is obtained from various sources and has not been, and will not be, verified by broker, MRED or MLS GRID. MLS Grid and 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. 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. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.

Data last updated 6:26 AM UTC, 9/17/2024