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Restaurant, Bar, Banquet Hall 1000 S State St 4,392 - 13,176 SF of Retail Space Available in Lockport, IL 60441
Space Availability (3)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 4,392 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD | ||
| 2nd Floor | 4,392 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD | ||
| 3rd Floor | 4,392 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
1st Floor
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.
- Partially Built-Out as Standard Retail Space
- Can be combined with additional space(s) for up to 13,176 SF of adjacent space
- Fits 33 - 106 People
- Best use for restaurant, bar, banquet hall
2nd Floor
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.
- Partially Built-Out as Standard Retail Space
- Can be combined with additional space(s) for up to 13,176 SF of adjacent space
- Best use for restaurant, bar, banquet hall
3rd Floor
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.
- Partially Built-Out as Standard Retail Space
- Can be combined with additional space(s) for up to 13,176 SF of adjacent space
- Best use for restaurant, bar, banquet hall
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Property Facts
| Total Space Available | 13,176 SF | Gross Leasable Area | 13,176 SF |
| Property Type | Retail | Year Built | 1882 |
| Property Subtype | Restaurant | Parking Ratio | 3.34/1,000 SF |
| Total Space Available | 13,176 SF |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Gross Leasable Area | 13,176 SF |
| Year Built | 1882 |
| Parking Ratio | 3.34/1,000 SF |
About the Property
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
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Restaurant, Bar, Banquet Hall | 1000 S State St
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