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1000 S State Street

Lockport, IL 60441
  • $725,000
  • STATUS: Active
  • ON SITE: 67 Days
  • MLS #: 11229873
$725,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1882
County:

School Ratings & Info

Description

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!

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© 2021 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Carolyn and Hillary Homes | Charles Rutenberg Realty. Based on information submitted to the MRED as of 2021-12-01T23:58:58.677 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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1000 S State Street Lockport, IL 60441

  • Price: $725,000
  • Status: Active
  • On Site: 67 Days
  • MLS #: 11229873
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1882
Built
Neighborhood:
Homer / Lockport
County:
Will
Area:
Homer / Lockport
Property Description
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!
Exterior Features

Docks None Exterior Building Type Vinyl SidingBrickStone Foundation Details StoneWoodOther Frontage Type City StreetPublic RoadSignal IntersectionState Road Outdoor Parking 31-50 SpacesPublic LotOther Parking Total 40 Roof Structure Pitched

Interior Features

Cooling Window Unit(S) Flooring CarpetConcreteTileVinylOther Heat Ventilation Radiators Miscellaneous Inside Elevator/S PassengerHandicapped AccessInside Corridor/SMulti-TenantPrivate Restroom/SStorage InsideBasement

Property Features

Additional Parcels YN No Approximate Age Older Building Area Total 13176 Built Before1978 YN Yes Current Use Commercial Electric Circuit BreakersFusesSeparate MetersOther Fire Protection Fire Extinguisher/SSmoke Or Fire Protectors Geographic Locale Southwest Suburban Gross Income 71754 Gross Scheduled Income 130380 Insurance Expense 4493 Location Central Business DistrictCornerMixed Use Area Net Operating Income 33881 Number Of Tenants 11 Operating Expense 44531 Ownership Types Limited Liability Corp Possible Use CommercialOffice And ResearchRetailOther Property Sub Type Mixed Use Rental Price 0 Tax Annual Amount 14377 Tax Year 2020 Tenant Pays Varies By Tenant Total Monthly Income 5980 Township Lockport Type Mixed Use Utilities Electric To SiteGas NearbySanitary SewerWater To Site Zoning Commr

Listing information © 2021 Midwest Real Estate Data LLC.
Listing provided courtesy of Baird & Warner.


© 2021 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Carolyn and Hillary Homes | Charles Rutenberg Realty. Based on information submitted to the MRED as of 2021-12-01T23:58:58.677 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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