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    1022 S State St, Unit 1022 Lockport, IL 60441

    Sponsored
    Picture of Storefront properties at S State St 1022, Lockport, IL
    For Lease
    Contact for pricing

    COMMERCIAL - Lockport, IL

    Type:Retail
    Days on Market:
    23
    Last Refresh:
    Jan 6 at 4:06 pm

    Property Features for 1022 S State St

    General Information

    Property type
    Commercial Lease
    Property subtype
    Retail
    Standard status
    Active

    Utilities

    Cooling system
    Central Air

    Building Details

    Year built
    1980
    Floors in Building
    2

    Remax Market (708) 558-8800 [email protected]

    Listing agent Frank Torres (708) 785-5198

    Listing date Dec 15, 2025

    Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Updated Storefront on High Traffic Street

    This recently updated storefront property is located on a high-traffic street. The 570-square-foot space includes newer equipment suitable for a sandwich shop, bakery, or hot dog stand. Equipment consists of convection double ovens, a stove, refrigerator, and freezer. The lease includes all equipment, with maintenance to be handled by the lessor. The property is located in Lockport, IL. Note that frying is not allowed in the unit, as there is no fire suppression system. The intended use of the property is for commercial purposes.
    Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lockport
    County
    Will
    State
    Illinois
    Longitude
    -88.0580174
    Latitude
    41.5876774

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    FAQs

    What type of property is this?
    Storefront property - Recently updated storefront suitable for sandwich shop, bakery, hotdogs.
    Where is this storefront property located?
    The property is located at 1022 S State St, Unit 1022 Lockport, IL.
    What are key features of this property?
    This property features: - High traffic location ideal for business.; - Recently updated storefront.; - Includes essential equipment: **convection double ovens, stove, refrigerator, freezer.**
    (708) 785-5198
    Request Owner's contact information
    1022 S State St, Unit 1022 Lockport, IL 60441
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    Lockport, IL 60441
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1022 S State St, Unit 1022 Lockport, IL 60441
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