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Retail Space with Basement
New
For Lease
$25 SF/Yr

116-120 E 9th St, Lockport, IL 60441

Shell-condition premises can be leased intact or divided into two retail units during ongoing renovations.

Space Size2,750 SF
Days on Market4

Property Features for 116-120 E 9th St

General Information

Standard status Active
Size 2,750 SF
Net Rentable 2,750 SF

Property Condition

Severity Repairs Needed
Evidence shell condition

Space & Availability

Contiguous Space 2,750 SF
Divisible Yes
Space Use Retail

Additional Details

Traffic Count 13,700 vehicles/day

Amenities

public parking

Building Details

Year Built 1890
Listing Agency: Pillar Realty LLC
Listed By: Michael Klimek
Source: Bktchicago
Added: Sep 10 Last Checked: Sep 13 at 11:59AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Pillar Realty LLC

Investment Insights

Based on property information with market context.

This 2,750-square-foot retail space is undergoing renovations and is currently in shell condition, allowing the layout to be configured for either a single occupant or two separate units. A basement beneath the premises provides additional flexibility for routing plumbing, electrical, and other building infrastructure.

The property is at 116-120 E 9th St in Downtown Lockport, within Will County and near public parking. IDOT 2025 traffic counts report approximately 13,700 AADT for the area. The building dates to 1890.

Key Highlights

  • 2,750 SF retail space in shell condition with renovations underway
  • Can be leased as one full space or divided into two units
  • Basement provides flexibility for plumbing, electrical, and other infrastructure

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Spa & Massage Center Pharmacy Hair Salon Skin Care Clinic Law Firm Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

13,700 VPD
Traffic count
NNN (Triple Net)
Lease Type
$3.75 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

671
Businesses Nearby
42k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 81% Dining 17% Home Improvements & Furnishings 2%
Speedway Shops & Services
12,020 visits/mo 0.4 miles
Dollar General Shops & Services
6,380 visits/mo 0.4 miles
Dunkin' Donuts Dining
5,434 visits/mo 0.1 miles
Mobil Shops & Services
5,104 visits/mo 0.3 miles
Old National Bank Shops & Services
3,864 visits/mo 0.1 miles

Demographics for 60441, IL

37,093
Population
13,249
Households
2.8
Avg Household Size
38
Median Age
36%
College-Educated
92%
High-School Grad
28.1 sq mi
ZIP Area
1,320
Density / Sq Mi
$104,271
Median Household Income
$54,665
Median Earnings
$1,488
Median Rent
$287,100
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Shell-condition premises can be leased intact or divided into two retail units during ongoing renovations.
Where is this retail space located?
The property is located at 116-120 E 9th St Lockport, IL.
What is the lease rate?
The lease rate is $25 SF/Yr.
What are key features of this property?
This property features: 2,750 SF retail space in shell condition with renovations underway; Can be leased as one full space or divided into two units; Basement provides flexibility for plumbing, electrical, and other infrastructure
More about this property
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