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    1240-1250 E 9Th St Lockport, IL 60441

    New
    For Sale
    $750,000

    Commercial Sale - Lockport, IL

    Property size:
    6,000 SF
    Days on Market:
    4
    Last Refresh:
    Dec 15 at 3:06 am

    Property Features for 1240-1250 E 9Th St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    RTAIL
    APN
    1104134080260000
    Size
    6,000 SF

    Utilities

    Cooling system
    Central Air

    Building Details

    Year built
    1966
    Number of units
    2
    Architectural style
    Other

    Remax 10 (708) 857-1500 [email protected]

    Listing agent Bruce La Ha (708) 429-4300 License #475102758

    Listing date Dec 12, 2025

    MLS# 12531820 Listing URL

    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

    Lockport Retail Storefront Investment

    This is a well-maintained brick and masonry retail storefront building with approximately 6000 square feet. Currently configured as two units, it was formerly set up as 4-5 units. The western unit features three separate bathrooms and three separate sets of utilities, though the wall partitions have been opened and removed. The eastern unit is set up as a restaurant, with a rear kitchen area, two front bathrooms, ceramic tile flooring, a built-in bar area, cooler areas, private offices, exposed ceilings, custom light fixtures, and a roof-mounted HVAC unit. The western unit, leased to a smoke shop, features newer laminate flooring, newer wall coverings, and an exposed ceiling. The property includes 20-22 parking spaces, a dedicated handicap space, and a rear paved area. It also features street signage on 9th Street. The property is located in Lockport, Illinois, and is zoned for retail use.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Lockport
    County
    Will
    State
    Illinois
    Longitude
    -88.0302844
    Latitude
    41.59805

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    FAQs

    What type of property is this?
    Retail space - Well-maintained retail building with two units in Lockport, Illinois.
    Where is this retail space located?
    The property is located at 1240-1250 E 9Th St Lockport, IL.
    What is the asking price?
    The asking price for this property is $750,000.
    What are key features of this property?
    This property features: - Well-maintained 6000 sq ft brick and masonry retail building.; - Currently configured as two leased units (Smoke Shop and Restaurant) providing immediate rental income.; - Potential to reconfigure into 4-5 units, offering flexible layout options.
    (708) 429-4300
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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
    1240-1250 E 9Th St Lockport, IL 60441
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