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Restaurant, Bar Banquet Hall 1000 S State St 13,176 SF Retail Building Lockport, IL 60441 For Sale

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Executive Summary

UNIQUE | HISTORIC BUILDING-FORMER OPERA HOUSE For Lease and Sale
1000 State St, Lockport, IL 60441
Right in the heart of downtown Lockport, this iconic building is one of the oldest in town, originally built in 1882.We present a unique opportunity to acquire or lease a stunning historic building in the heart of Lockport, located on the town’s main street.
· 13,176 SF Historic Building
· Incredible potential for a bar, restaurant, banquet hall, or event venue
· The property is still undergoing renovation but has already been largely restored, preserving its historic character while incorporating modern upgrades.
· Basement: Hidden, authentic speakeasy-style bar with 9’ ceilings and exposed stone walls. A one-of-a-kind atmosphere that will draw locals and visitors alike.
· First Floor :Ideal restaurant space with direct access from State Street and 10th Street. Excellent visibility and foot traffic.
· Second Floor :Show-stopping event space with two-story high ceilings, large arched windows, and abundant natural light. Perfect for weddings, concerts, corporate events, and cultural gatherings.
· Third Floor: Office and support space with a balcony overlooking the event hall. Rooms suitable for a bridal suite, office, or storage.
· Ownership is open to completing the build-out to match your concept and vision. Bring your ideas and your contractor.
· Major Renovations Completed – New windows, restored façade, new rough plumbing and electrical service, new HVAC systems, new sprinkler system, new underground grease trap, new elevator, and all necessary construction and renovation permits secured.
· Convenient Access & Parking – Street parking and any downtown public parking lot is available. Also the city provides valet parking on their expense.
· Elevator & Staircases – the two new staircases in the front and back of the building including the new elevator ensures seamless movement between floors and efficient logistics.
Ownership is open to completing the build-out to match your concept and vision. Bring your ideas and your contractor.
Lease Rate: Subject to offer
Asking Price: Subject to offer

Data Room Click Here to Access

Property Facts

Sale Type
Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
13,176 SF
Building Class
C
Year Built
1882
Tenancy
Multiple
Building Height
3 Stories
Building FAR
1.32
Lot Size
0.23 AC
Zoning
C-4 - Historic Commercial District
Parking
44 Spaces (3.34 Spaces per 1,000 SF Leased)
Frontage
133’ on 10th St

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 1st Floor
  • 4,392 SF
  • Retail
  • -
  • Now

A Prime Investment Opportunity This property is an excellent investment for business owners seeking a distinctive location for their operations or investors looking to lease out versatile spaces. The building’s historical significance, central location, and commercial potential promise strong long-term returns. We welcome all inquiries, whether for leasing or purchasing options.

  • 2nd Floor
  • 4,392 SF
  • Retail
  • -
  • Now

A Prime Investment Opportunity This property is an excellent investment for business owners seeking a distinctive location for their operations or investors looking to lease out versatile spaces. The building’s historical significance, central location, and commercial potential promise strong long-term returns. We welcome all inquiries, whether for leasing or purchasing options.

  • 3rd Floor
  • 4,392 SF
  • Retail
  • -
  • Now

A Prime Investment Opportunity This property is an excellent investment for business owners seeking a distinctive location for their operations or investors looking to lease out versatile spaces. The building’s historical significance, central location, and commercial potential promise strong long-term returns. We welcome all inquiries, whether for leasing or purchasing options.

Space Size Space Use Position Available
1st Floor 4,392 SF Retail - Now
2nd Floor 4,392 SF Retail - Now
3rd Floor 4,392 SF Retail - Now

1st Floor

Size
4,392 SF
Space Use
Retail
Position
-
Available
Now

2nd Floor

Size
4,392 SF
Space Use
Retail
Position
-
Available
Now

3rd Floor

Size
4,392 SF
Space Use
Retail
Position
-
Available
Now

1st Floor

Size 4,392 SF
Space Use Retail
Position -
Available Now

A Prime Investment Opportunity This property is an excellent investment for business owners seeking a distinctive location for their operations or investors looking to lease out versatile spaces. The building’s historical significance, central location, and commercial potential promise strong long-term returns. We welcome all inquiries, whether for leasing or purchasing options.

2nd Floor

Size 4,392 SF
Space Use Retail
Position -
Available Now

A Prime Investment Opportunity This property is an excellent investment for business owners seeking a distinctive location for their operations or investors looking to lease out versatile spaces. The building’s historical significance, central location, and commercial potential promise strong long-term returns. We welcome all inquiries, whether for leasing or purchasing options.

3rd Floor

Size 4,392 SF
Space Use Retail
Position -
Available Now

A Prime Investment Opportunity This property is an excellent investment for business owners seeking a distinctive location for their operations or investors looking to lease out versatile spaces. The building’s historical significance, central location, and commercial potential promise strong long-term returns. We welcome all inquiries, whether for leasing or purchasing options.

Walk Score®
Very Walkable (83)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Old National Bank
Scooter's Coffee
BMO
Anytime Fitness

Property Taxes

Property Taxes

Parcel Number
11-04-23-326-001
Land Assessment
$64,821 (2024)
Improvements Assessment
$9,339 (2024)
Total Assessment
$74,160 (2024)
  • Listing ID: 35349630

  • Date on Market: 4/2/2025

  • Last Updated:

  • Address: 1000 S State St, Lockport, IL 60441

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