704 E 9Th St, Lockport, IL 60441
For Sale
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This exceptional 2,470 square foot commercial building presents a unique investment opportunity in Lockport, Illinois. Situated at 704 E 9th Street, this stand-alone structure is ideally positioned in the C-2 Community Commercial District, a high-traffic area along Route 7/9th Street/159th Street. The C-2 zoning allows for a wide array of mixed uses, ensuring flexibility for diverse business ventures. Permitted uses include, but are not limited to, retail spaces, restaurants (with or without liquor licenses), offices, medical clinics, and various other commercial enterprises. The building itself boasts a versatile layout, including four bedrooms, two full bathrooms, a kitchen, living room, family room with fireplace, a full unfinished basement offering significant potential for expansion or storage, a laundry room, and a one-car attached garage. Its proximity to downtown Lockport (just five blocks away) provides easy access to amenities such as restaurants, breweries, the Metra train station offering convenient Chicago access, schools, and parks. This property offers a compelling blend of commercial potential and residential-style features, making it an attractive option for a variety of business owners and investors. The high traffic counts in this area ensure excellent visibility and accessibility for any business operating from this location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.