There are multiple listings for this address:
1016 State Street
Lockport, IL, 60441
$1,599,999
Beds
0 Baths
0 SqFt
0 Acres
Add
MLS #MRD12624825 image #0
**New Price ** – Don’t Miss This Deal Exceptional Investment Opportunity Prime Downtown Lockport Property Seize a rare chance to own a remarkable asset in the heart of Downtown Lockport. This impressive three-story brick building, located at 1016 State St., was constructed in 2023 and offers a unique blend of luxury and versatility in an unbeatable location. The property features four modern, high-end residential rentals alongside a flexible storefront/office space, making it an ideal investment opportunity. Fully leased, the building ensures immediate returns and is perfect for investors seeking a turnkey solution with a strong tenant base in both the residential and commercial sectors. Key Features: Four Sophisticated units: Thoughtfully designed with contemporary finishes, offering residents a luxurious living experience. Storefront/Office Space: An obvious commercial space that provides excellent exposure, perfect for retail or office use. Just steps away from the train station and close to major highways and Lewis University, ensuring easy accessibility for tenants and clients. This is your opportunity to invest in a high-yield, prime-location property that promises immediate cash flow and long-term value. Don’t let this opportunity slip away-secure a top-tier asset in one of Lockport’s most vibrant areas.

Property Details

Price:
$1,599,999
MLS #:
MRD12624825
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Neighborhood:
homerlockport
Listed Date:
Apr 21, 2026
Year Built:
2023
Homer / LockportHomerlockport

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Schools

Interior

Cooling
Central Air, Wall Sleeve

Exterior

Construction Materials
Brick
Stories
3

Financial

Net Operating Income
$100,092
Tax Year
2024
Taxes
$32,349

Map

Community

Market Summary

Current real estate data for Commercial in Lockport as of Jun 13, 2026
5
Commercial Listed
116
Avg DOM
$1,175,000
Avg List Price

Property Summary

    1016 State Street Lockport IL is a Commercial for sale in Lockport, IL, 60441. It is listed for $1,599,999

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1016 State Street
Lockport, IL
1016 State Street
Lockport, IL, 60441
$1,599,999
2 Beds
3 Baths
0 SqFt
0 Acres
Add
MLS #MRD12625225 image #0
**New Price ** – Don’t Miss This Deal Exceptional Investment Opportunity Prime Downtown Lockport Property Seize a rare chance to own a remarkable asset in the heart of Downtown Lockport. This impressive three-story brick building, located at 1016 State St., was constructed in 2023 and offers a unique blend of luxury and versatility in an unbeatable location. The property features four modern, high-end residential rentals alongside a flexible storefront/office space, making it an ideal investment opportunity. Fully leased, the building ensures immediate returns and is perfect for investors seeking a turnkey solution with a strong tenant base in both the residential and commercial sectors. Key Features: Four Sophisticated units: Thoughtfully designed with contemporary finishes, offering residents a luxurious living experience. Storefront/Office Space: An obvious commercial space that provides excellent exposure, perfect for retail or office use. Just steps away from the train station and close to major highways and Lewis University, ensuring easy accessibility for tenants and clients. This is your opportunity to invest in a high-yield, prime-location property that promises immediate cash flow and long-term value. Don’t let this opportunity slip away-secure a top-tier asset in one of Lockport’s most vibrant areas.

Property Details

Price:
$1,599,999
MLS #:
MRD12625225
Status:
Active
Beds:
2
Baths:
3
Type:
Commercial
Neighborhood:
homerlockport
Listed Date:
Apr 21, 2026
Year Built:
2023
Homer / LockportHomerlockport

Ask a Question

See this Listing

Send
  

Schools

Interior

Cooling
Central Air, Wall Sleeve

Exterior

Construction Materials
Brick
Stories
3

Financial

Net Operating Income
$100,092
Tax Year
2024
Taxes
$32,349

Map

Community

Market Summary

Current real estate data for Commercial in Lockport as of Jun 13, 2026
5
Commercial Listed
116
Avg DOM
$1,175,000
Avg List Price

Property Summary

    1016 State Street Lockport IL is a Commercial for sale in Lockport, IL, 60441. It is listed for $1,599,999

Similar Listings Nearby

broker reciprocity
MLS# MRD12591228broker reciprocity
121-131 Collins Street
Joliet, IL

$2,075,000

3.9 miles away

broker reciprocity
MLS# MRD12615863broker reciprocity
1640 Willow Circle Drive
Crest Hill, IL

$1,900,000

3.9 miles away

broker reciprocity
MLS# MRD12624825broker reciprocity
1016 State Street
Lockport, IL

$1,599,999

0.0 miles away

broker reciprocity
MLS# MRD12565687broker reciprocity
209 N Center Street
Joliet, IL

$1,200,000

4.6 miles away

broker reciprocity
MLS# MRD12599103broker reciprocity
1122 Collins Street
Joliet, IL

$1,174,000

3.1 miles away