Property Details

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1513 S State Street
Lockport, IL 60441
FOR
SALE
$1,000,000
Active
12,251
Sqft
1987
Yr. Built
MLS# 12501074
Cumulative Days on Market: 318 · Includes prior listings · Currently listed since 11/05/25 · Data provided by the MLS.

Property Description

Corner 4-unit retail plaza located at the high-traffic intersection of State St and Division St in Lockport. Two units currently leased to established tenants - a popular pizza restaurant and a neighborhood liquor store. A mix of occupied and vacant units ideal for immediate income + future upside. High visibility, easy access, ample parking and stable surrounding businesses create the perfect location for long-term investment success. Great potential for owner-user or investor. Strong traffic counts and growing area make this a solid long-term asset. Two units are vacant and can typically be shown at any time with appointment. Two units are occupied and access depends on customer traffic and business activity-availability may vary. Second PIN 1104233230040000 holds other three properties 1525, 1527, 1529 S. State St. 9, 048 sq. ft.

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Property Highlights

Property Type
Commercial Sale
Local Property Type
Retail/Stores
Year Built
1987
Cumulative Days On Market
233

Location

Area
Homer / Lockport
City/Township
Lockport
County
Will
Zoning
COMMR

Property Details

Price
$1,000,000
Local Property Type
Retail/Stores
Property Type
Commercial Sale

Building

Total Area
12,251

Interior Features

Area and Spaces

Number of Units
4

Interior Features

Electic
Service - 101 to 200 Amps

Building Details

Construction

Year Built
1987

Terms

Terms

Cumulative Days On Market
233

Taxes

Tax

Tax (Annual)
$16,627

Heating, Cooling & Utilities

Cooling Features
Central Individual

Lot

Lot Size Area Sq Ft
3,555
Lot Dimensions
3555
Listed by Exit Real Estate Specialists
Listing Data last updated 09/17/2026 05:20 pm
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All estimates and provided for informational purposes only. Actual amounts may vary. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. Information, rates, programs and loan scenarios shown are for example only as of 17-Sep-2026 and are subject to change without notice. Interest rates provided by the St. Louis Federal Reserve Economic Data (FRED). All products are subject to credit and property approval. Not all products are available in all states or for all loan amounts. Other restrictions and limitations apply. Contact your preferred lender for the pricing associated with your specific transaction. Calculations are generated by Open Source mortgage calculation software tools using common mathematical formulas. All calculations should be independently verified.
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Property History

Today
Property information last updated
91 days ago
Date of last price change
316 days ago
Status Active. This is the date the listing was placed on market.
Cumulative Days on Market: 318 days (includes prior listings) · Currently listed since November 5, 2025. Data provided by the MLS.

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