1016 S State St Lockport, IL 60441
New construction mixed-use property in prime downtown location.
Type:Multifamily
- Added:
- Sep 10, 2024
- Days on Market:
- 575
- Last Refresh:
- Mar 17 at 1:26 pm
Property Features for 1016 S State St
General Information
- Standard status
- Active
- Property subtype
- Multifamily
Listing agent Robert Miller License #475.133786
Listing office Vylla
Listing date Sep 10, 2024
Source Crexi
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All listing content including descriptions, pricing, images are the copyrighted material of Vylla
Overview
Downtown Lockport Investment Opportunity
Located in the heart of Downtown Lockport, this three-story brick building at 1016 State St. was constructed in 2023. The property features four modern, high-end residential rentals and a flexible storefront/office space. The commercial space provides excellent exposure and is suitable for retail or office use. The building is fully leased, offering immediate returns for investors seeking a turnkey solution with a strong tenant base in both the residential and commercial sectors. The property is just steps away from the train station and close to major highways and Lewis University, ensuring easy accessibility for tenants and clients. This property is an ideal investment opportunity.
Location Intelligence
Current Use by Public Records
Quadplexes
Location Insight
- Map
- Local Demand
- City
- Lockport
- County
- Will
- State
- Illinois
- Longitude
- -88.0579732
- Latitude
- 41.5878545
Nearby Similar for Sale
FAQs
What type of property is this?
Quadplex - New construction mixed-use property in prime downtown location.
Where is this quadplex located?
The property is located at 1016 S State St Lockport, IL.
What is the asking price?
The asking price for this property is $1,749,900.
What are key features of this property?
This property features: New construction (2023) three‑story brick building in Downtown Lockport.; Fully leased property ensures immediate returns and cash flow.; Four modern, high‑end residential rental units.
