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301 S State Street Lockport, IL 60441

$229,000
Pending / MLS# 12539062 / Commercial - Retail / Lockport
0 Beds
1945 SqFt

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.

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Baird & Warner Jeffrey Schwartz Email

Property Details

Property Type: Commercial - Retail
Cooling: Central Air
Lot Size: 0.46 Acres
Stories: 1.0
Taxes: $3,149
Year Built: 1961

Feature Descriptions

Current Use: Commercial
Electric: Circuit Breakers
Exterior: Brick, Wood
Fire Protection: Fire Extinguisher/s
Foundation: Concrete Perimeter
Frontage Type: City Street
HVAC: Forced Air
Lot Dimensions: 130x140x130x140
Number of Tenant(s): 1
Parcel#: 1104231430010000
Parking: 19-30 Spaces
Tenant Pays: Electricity, Insurance, Repairs, Sewer, All Utilities, Trash Collection
Units: 1

Location

See details and scored characteristics about this location.

Listing Office: RE/MAX Ultimate Professionals

Listing Office Phone: 815-725-4545



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