$851,400*
●
Commercial -
Off Market
1000 South State Street
Lockport, IL 60441
Studio
0 Bath
$675,000 - $825,000
Reference Base Price*
13.52%
Since Oct 1, 2021
National-US
Primary Model
About This Property
NEW WATER MAIN INSTALLED ! Well built Brownstone & CURRENTLY
81% RENTED ! ! ! (Main Level 2500 sq. ft. still available to
Rent or Build Your Business in it, 2nd & 3rd Floor Units ALL but 1
unit RENTED ! ! !) "The Lockport Office Building" is a
three-story Mixed Use Building situated in the Heart of the
Historic District of Downtown Lockport. The Building has 8
Units on the Second and Third Floors which are all currently
rented. The The property consists of a 9,760 square foot site
with a masonry-constructed structure that contains a gross building
area of 8,420 square feet. This C4 Zoned district allows for many
uses as the City of Lockport is investing in over 10 Million
Dollars to the improvements. The MAIN LEVEL has been GUTTED and has
11' HIGH CEILINGS and may be perfect for a (***SEE VIRTUALLY STAGED
PHOTOS of MAIN LEVEL***) - BANQUET HALL, BAR, BREWERY, DAY
CARE, RESTAURANT on FIRST FLOOR CORNER UNIT with REAR & SIDE PATIO
(Village May Allow), additionally there are INSIDE STAIRS to FULL
BASEMENT with potential for Dry Storage, OR MANY OTHER BUSINESS
TYPES, so BRING YOUR CREATIVE BUSINESS OPPORTUNITY IDEAS!
***NOTE - The City of Lockport COMPLETED THE LARGEST DOWNTOWN
PARKING LOT directly BEHIND this building with 40 Standard Parking
Stalls with 4 Proposed ADA Handicapped Stalls (SEE PDF of the
PROPOSED PARKING LOT). The I355 Corridor Expansion with the
METRA TRAIN to Chicago now available is key to the future for more
business potential return on YOUR INVESTMENT. Additional
Detailed Documents Available Upon Signing NDA. NOW is the time to
INVEST IN LOCKPORT !!! This city has many Grants available to
enhance your investment. Drive-by welcome or contact listing
agent for a private showing!
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
Commercial
Property Taxes
$14,377
HOA Dues
-
Year Built
1929
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Dec 15, 2022 | Sold to Brian Flavio Verdin, Meghan... | $210,000 | |
Sold to Brian Flavio Verdin, Meghan... | |||
Sep 27, 2021 | No longer available | - | |
No longer available | |||
Jun 25, 2021 | Relisted | $750,000 | |
Relisted | |||
Jun 12, 2021 | No longer available | - | |
No longer available | |||
May 17, 2021 | Price Decreased |
$750,000
↓ $25K
(3.2%)
|
|
Price Decreased |
Show More
Property Highlights
Air Conditioning
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
In Contract
Commercial
Loft
-
11,500 ft²
$78/ft²
$899,999
Jan 11, 2022
-
$1,179/mo
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
10/26/2022
|
|
2 Bed
|
1 Bath
|
1000 ft²
|
$210,000
2 Bed
1 Bath
1000 ft²
|
-
-
|
-
|
Christina Vetter
Realty Executives Success
|
09/25/2021
|
|
Loft
|
-
|
-
|
$729,000
Loft
-
|
-
-
|
-
|
Jeremy Vitell
Baird & Warner
|
04/04/2020
|
Loft
|
-
|
-
|
-
Loft
-
|
-
-
|
-
|
Jeremy Vitell
Baird & Warner
|
|
10/05/2019
|
|
Loft
|
-
|
-
|
$875,000
Loft
-
|
-
-
|
-
|
Jeremy Vitell
Baird & Warner
|
11/06/2018
|
Studio
|
-
|
-
|
-
Studio
-
|
-
-
|
-
|
-
|
|
07/26/2018
|
Studio
|
-
|
-
|
-
Studio
-
|
-
-
|
-
|
-
|
|
06/28/2018
|
|
Studio
|
-
|
-
|
-
Studio
-
|
-
-
|
-
|
-
|