1016 State Street, Lockport, IL

$1,749,000

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About 1016 State Street

Huge Price Drop - 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.

Features of 1016 State Street

MLS® # 12478443
Price $1,749,000
Bathrooms 0.00
Acres 0.00
Year Built 2023
Type Commercial Sale
Sub-Type Multi Family 5+
Status Active

Community Information

Address 1016 State Street
Area Homer / Lockport
City Lockport
County Will
State IL
Zip Code 60441

Amenities

Is Waterfront No
Has Pool No

Interior

Cooling Central Air, Wall Sleeve
Fireplace No
Has Basement No

Exterior

Exterior Brick

Additional Information

Days on Market 24
Zoning MULTI
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeVylla Home
Contact InfoVictor.gutierrez@vylla.com

Listing Map

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