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1118 S State St 10,000 SF Vacant Retail Building Lockport, IL 60441 $499,900 ($49.99/SF)
Investment Highlights
- Busy Street Traffic
- New Roof & HVAC Systems
- Two Store Fronts & Storage Area
Executive Summary
Ever imagined opening up your own restaurant or any other business venture, ... here is your chance! This iconic downtown Lockport commercial building features over 10,000 sq feet with three different sections - two high traffic restaurant store fronts on State St and one larger high ceiling storage area in the back of the building. Featuring a new commercial grade roof along with new HVAC systems! Restaurant equipment negotiable outside of sale. Seller wishing to sell as is. Make an appointment to view today! Quick closing possible!
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
10,000 SF
Building Class
C
Year Built
1965
Price
$499,900
Price Per SF
$49.99
Percent Leased
Vacant
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.79
Lot Size
0.29 AC
Zoning
C1 - Commercial/ Restaurant
Parking
10 Spaces (1 Spaces per 1,000 SF Leased)
Frontage
91’ on State St
Fairly walkable
40/100
Exceptionally drivable
100/100
Good public transit
70/100
Moderately bikeable
70/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 11-04-23-327-002 | Improvements Assessment | $37,179 |
| Land Assessment | $40,812 | Total Assessment | $77,991 |
Property Taxes
Parcel Number
11-04-23-327-002
Land Assessment
$40,812
Improvements Assessment
$37,179
Total Assessment
$77,991
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
Findlay Real Estate Group Inc.
1118 S State St
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