1016 South State Street
$2,000,000
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Virtual Tour
Description
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...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.
- Listed by Robert Miller • Vylla Home
Property Details for 1016 South State Street
Area
Homer / Lockport
TownshipLockport
Num of Interior Fireplaces0
ZoningMULTI
LISTING UPDATED: 09/22/2024 12:07 AM
Property Details for 1016 South State Street
Status | Active |
---|---|
MLS # | 12165319 |
Days on Market | 163 |
Taxes | $27,209 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Mixed Use |
MLS Type | Commercial Sale |
Year Built | 2023 |
Lot Size | 0.08 AC / 3,300 SF |
County | Will County |
Virtual Tour
Building Information for 1016 South State Street
Stories3Residences5Year Built2023Lot Size0.08 AC / 3,300 SF
Property Information for 1016 South State Street
Property History for 1016 South State Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1016 South State Street
Taxable ValueLand$16,313Additions-Total$16,313
Tax Record2023$27,209 ($2,267 / month)
Home Facts
StyleCommercialCountyWILLAPN11-04-23-326-022
Schools near 1016 South State Street
This home is within Lockport School District 91.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 3 | |||
Public - | 4 to 8 | |||
Public - | 9 to 12 | |||
Private - | PK to 8 |
Rating | School | Distance |
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Milne Grove Elementary School PublicPK to 3 | ||
Kelvin Grove Jr High School Public4 to 8 | ||
Lockport Township High School East Public9 to 12 | ||
St Dennis School PrivatePK to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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