See Home Value
Lockport 60441
1000 South State Street
$851,400*
Commercial - Off Market

1000 South State Street

Lockport, IL 60441
bedrooms
Studio
bathrooms
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
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Property Highlights

Air Conditioning


Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
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
20221026
10/26/2022
2 Bed
1 Bath
1000 ft²
$210,000
bedrooms
2 Bed
bathrooms
1 Bath
square feet
1000 ft²
-
-
-
Christina Vetter
Realty Executives Success
20210925
09/25/2021
Loft
-
-
$729,000
bedrooms
Loft
bathrooms
-
-
-
-
Jeremy Vitell
Baird & Warner
20200404 Unit 10001002
04/04/2020
Loft
-
-
-
bedrooms
Loft
bathrooms
-
-
-
-
Jeremy Vitell
Baird & Warner
20191005
10/05/2019
Loft
-
-
$875,000
bedrooms
Loft
bathrooms
-
-
-
-
Jeremy Vitell
Baird & Warner
20181106 Unit 309
11/06/2018
309
Studio
-
-
-
bedrooms
Studio
bathrooms
-
-
-
-
-
20180726 Unit 304305
07/26/2018
Studio
-
-
-
bedrooms
Studio
bathrooms
-
-
-
-
-
20180628
06/28/2018
Studio
-
-
-
bedrooms
Studio
bathrooms
-
-
-
-
-

Building Info

1000 North State Street 1000 North State Street, Lockport, IL 60441
More about this Building
1000 North State Street
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About Lockport


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Nearby Rentals

Unit for rent at 1068 Ashley Court N, Lockport, IL, 60441

$1,900 /mo

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Unit for rent at 1016 S State Street, Lockport, IL, 60441

$2,100 /mo

  • 2 Beds
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1016 S State Street #2, Lockport, IL, 60441 Listing by Robert Miller


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