301 S State ST, Lockport, IL 60441
301 S State ST, Lockport, IL 60441
301 S State ST, Lockport, IL 60441
301 S State ST, Lockport, IL 60441
301 S State ST, Lockport, IL 60441
301 S State ST, Lockport, IL 60441
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$213,000

$229,000

7.0%
Est.Price: ?

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Est. payment /mo

1,945 SqFt


SOLD DATE : 04/07/2026

Key Details

Sold Price $213,000

Property Type Commercial

Sub Type Retail/Stores

Listing Status Sold

Purchase Type For Sale

Square Footage 1,945 sqft

Price per Sqft $109

MLS Listing ID 12539062

Sold Date 04/07/26

Year Built 1961

Annual Tax Amount $3,149

Tax Year 2024

Lot Dimensions 130x140x130x140

Property Sub-Type Retail/Stores

Property Description

Prime downtown commercial investment opportunity in Lockport, Illinois featuring a long-term, well-established tenant currently operating a successful catering/restaurant business (business not included in sale). This highly visible property benefits from an average annual daily traffic count of approximately 14,600 vehicles, offering excellent exposure and consistent customer flow. Zoned C-2, the site supports a wide range of commercial uses and is ideally located just under one-half mile north of 9th Street. The existing lease is in place through May 31, 2027, providing immediate, stable income for investors. An EPA No Further Remediation (NFR) letter is on file, offering additional peace of mind. A solid opportunity for investors seeking a well-positioned, income-producing asset in a thriving downtown corridor.

Location

State IL

County Will

Area Homer / Lockport

Zoning COMMR

Interior

Cooling Central Air

Fireplace N

Building

Structure Type Brick,Wood

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Midwest Real Estate Data (MRED) IDX
Listed by Daniel Condon of  RE/MAX Ultimate Professionals 
Bought with Robert Miller of Vylla Home

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