Lockport, IL 60441 809 S State Street
$910,000
Sold: Sep 10, 2025
Presented By: Coldwell Banker Real Estate Group
SQFT • 4,408
Home Details
Turn-key mixed use property in booming downtown Lockport available now. Currently 8 apartments and long-term commercial tenant with potential to add garden unit, laundry, and storage. Walking distance to train, parks, trails, restaurants and night-life, this property never has a vacancy long. Some units have been fully updated while others have been occupied by same tenants for years. Barber shop has long term lease with annual rent increases in place.
Presented By: Coldwell Banker Real Estate Group
General for 809 S State Street
Additional Parcels Y/NNo
Cap Rate7.71
CityLockport
Close Price850000
Construction MaterialsBrick, Stone, Wood, Combination
CoolingWindow Unit(s)
CountyWill
DirectionsIL Route 7 to IL 171 North to property
ElectricCircuit Breakers
Electric Expense4255
Fuel Expense1890
Gross Income90900
Insurance Expense2741
Lot Size Square Feet7022
MLS AreaHomer / Lockport
MaintenanceExpense
ModificationTimestamp2025-09-10T18:08:01.876Z
Net Operating Income70234
Number Of Units Total9
Operating Expense20666
Property TypeCommercial Sale
Property TypeMulti Family 5+
Standard StatusClosed
StatusClosed
Stories Count2
Tax Annual Amount7119
Tax Year2023
TownshipLockport
Trash Expense2505
Water Sewer Expense2156
Year Built1915
ZoningMULTI
Exterior for 809 S State Street
Building Area Total4408
BuyerOfficeFax(815) 207-4095
Foundation DetailsStone
Frontage TypeCity Street, State Road
Lot Dimensions32X70X32X70X64X140
Lot Size Acres0.16
Additional Details
Price History
