Curious about this home?

Ask anything — no agents, no pressure

Try asking

About This Home

This 8-bedroom, 0-bathroom residential multi family at 1016 State Street in Lockport, IL is listed for $1,749,000. Built in 2023, on a 0.08 acres lot.

Agent Description

Huge Price Drop - Don't Miss This Deal 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.

Key Features

  • Built in 2023
  • 0.08 acre lot
  • 3 stories

Property Details

3 stories
9 full
2023

Amenities

A/C

Monthly Cost Estimate

$9,354/mo

20% down · 6.5% · 30 years

Principal$1,265
Interest$7,579
Insurance$510

Estimates only. Actual payments may vary.

Location

1016 State Street

Lockport, IL 60441

Property Details

Construction

Brick

Cooling

Central Air

Questions & Answers

This 8-bedroom, 0-bathroom residential multi family at 1016 State Street is listed at $1,749,000. The estimated monthly payment is $7,579 based on 20% down at 6.5% interest.

Key features include: Built in 2023, 0.08 acre lot, 3 stories.

This property is listed by Robert Miller and can be reached at (630) 705-5380 or bobmiller710@gmail.com.

Similar Homes in Lockport

View all
RM

Robert Miller

Agent at Vylla Home

(630) 705-5380

Listed by Vylla Home · View on Broker Site

MLS# 12478443· Source: listhub· Updated 199 days ago

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1016 State Street, Lockport, IL 60441

Open this listing in: