Lockport, IL 60441 1513 S State Street
$1,200,000



8 more








Presented By: Exit Real Estate Specialists
Home Details
Corner 4-unit retail plaza located at the high-traffic intersection of State St and Division St in Lockport. Two units currently leased to established tenants - a popular pizza restaurant and a neighborhood liquor store. A mix of occupied and vacant units ideal for immediate income + future upside. High visibility, easy access, ample parking and stable surrounding businesses create the perfect location for long-term investment success. Great potential for owner-user or investor. Strong traffic counts and growing area make this a solid long-term asset. Two units are vacant and can typically be shown at any time with appointment. Two units are occupied and access depends on customer traffic and business activity-availability may vary. Second PIN 1104233230040000 holds other three properties 1525, 1527, 1529 S. State St. 9, 048 sq. ft.
Presented By: Exit Real Estate Specialists
General for 1513 S State Street
Additional Parcels Y/NYes
Assoc Fee Paid PerNot Applicable
Business TypeRetail
CityLockport
CoolingCentral Individual
CountyWill
Current UseCommercial, Medical/Dental
DirectionsArcher (State street in Lockport) to Division, south of Metra Station
ElectricService - 101 to 200 Amps
Leasable Area
Lot Size Square Feet3555
MLS AreaHomer / Lockport
Net Operating Income40200
Number Of Units Total4
Property TypeCommercial Sale
Property TypeRetail/Stores
Standard StatusActive
StatusActive
Stories Count1
Tax Annual Amount16627
Tax Year2024
Year Built1987
ZoningCOMMR
Exterior for 1513 S State Street
Building Area Total12251
Lot Dimensions3555
Additional Details
Price History

SQFT • 12,251