# 921 S State Street, Lockport, IL 60441

> **TL;DR:** commercial, $799,999, built 1936.
> A/C. Est. $4,278/mo. Listed 296 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $799,999 |
| Year Built | 1936 |
| Lot Size | 8,120 sqft (0.19 acres) |
| Stories | 2 |
| Property Type | Commercial (Other) |
| Status | Active |
| Days on Market | 296 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $4,045 |
| Estimated Insurance | $233 |
| **Total** | **$4,278** |

## Key Amenities

- A/C

## Property Highlights

- Built in 1936
- 0.19 acre lot
- 2 stories

## Description

### Agent Description
Rare opportunity to own a distinctive 6,264 SF mixed-use building in downtown Lockport's Historic District and Municipal Core. Built in 1936 as the Lockport Fire Department and later used as City Hall, the property has been modernized with updated electrical, HVAC, fire protection and passenger elevator. The existing layout lends itself well to an owner-user plus income-producing office suite strategy, with minimal reconfiguration required to create multiple rentable spaces. Proposed stabilized configuration includes a 1,235 SF street-level retail/office suite, additional main-floor office, five second-floor professional suites, and a 714 SF basement unit/storage area, supported by shared conference room, kitchen, restrooms, elevator and private rear parking. Projected stabilized rental income of $136,200 and NOI of $63,590 indicate an approximate 7.95 cap rate at the current asking price, subject to lease-up and buyer verification. Owner-user could occupy the main retail/office suite and lease the balance to balance occupancy costs, or a larger tenant could occupy the entire main level. C4 Downtown Commercial zoning supports a range of office, retail, service and other commercial uses. Strong State Street exposure with approximately 11,900 AADT.

## Location

- **Address:** 921 S State Street, Lockport, IL 60441
- **County:** Will

## Listing Agent

- **Name:** Alexander Fenske
- **Brokerage:** Keller Williams Preferred Realty
- **Broker Phone:** (708) 798-1111

## Photos

![921 S State Street - Photo 1](http://lh.rdcpix.com/ccec48223e79008406ae29c9eac3a133l-f43959489r.jpg)

![921 S State Street - Photo 2](http://lh.rdcpix.com/ccec48223e79008406ae29c9eac3a133l-f3176903629r.jpg)

![921 S State Street - Photo 3](http://lh.rdcpix.com/ccec48223e79008406ae29c9eac3a133l-f987967665r.jpg)

![921 S State Street - Photo 4](http://lh.rdcpix.com/ccec48223e79008406ae29c9eac3a133l-f4188944652r.jpg)

![921 S State Street - Photo 5](http://lh.rdcpix.com/ccec48223e79008406ae29c9eac3a133l-f3116831027r.jpg)

![921 S State Street - Photo 6](http://lh.rdcpix.com/ccec48223e79008406ae29c9eac3a133l-f717887948r.jpg)

![921 S State Street - Photo 7](http://lh.rdcpix.com/ccec48223e79008406ae29c9eac3a133l-f158360964r.jpg)

![921 S State Street - Photo 8](http://lh.rdcpix.com/ccec48223e79008406ae29c9eac3a133l-f3861051619r.jpg)

![921 S State Street - Photo 9](http://lh.rdcpix.com/ccec48223e79008406ae29c9eac3a133l-f677891262r.jpg)

![921 S State Street - Photo 10](http://lh.rdcpix.com/ccec48223e79008406ae29c9eac3a133l-f4135314845r.jpg)

![921 S State Street - Photo 11](http://lh.rdcpix.com/ccec48223e79008406ae29c9eac3a133l-f1134894278r.jpg)

![921 S State Street - Photo 12](http://lh.rdcpix.com/ccec48223e79008406ae29c9eac3a133l-f1490269928r.jpg)

![921 S State Street - Photo 13](http://lh.rdcpix.com/ccec48223e79008406ae29c9eac3a133l-f2690019314r.jpg)

![921 S State Street - Photo 14](http://lh.rdcpix.com/ccec48223e79008406ae29c9eac3a133l-f708423381r.jpg)

![921 S State Street - Photo 15](http://lh.rdcpix.com/ccec48223e79008406ae29c9eac3a133l-f1070859715r.jpg)

![921 S State Street - Photo 16](http://lh.rdcpix.com/ccec48223e79008406ae29c9eac3a133l-f3071796440r.jpg)

![921 S State Street - Photo 17](http://lh.rdcpix.com/ccec48223e79008406ae29c9eac3a133l-f3219790690r.jpg)

![921 S State Street - Photo 18](http://lh.rdcpix.com/ccec48223e79008406ae29c9eac3a133l-f636179302r.jpg)

![921 S State Street - Photo 19](http://lh.rdcpix.com/ccec48223e79008406ae29c9eac3a133l-f2980269080r.jpg)

![921 S State Street - Photo 20](http://lh.rdcpix.com/ccec48223e79008406ae29c9eac3a133l-f3947283060r.jpg)

![921 S State Street - Photo 21](http://lh.rdcpix.com/ccec48223e79008406ae29c9eac3a133l-f4026683286r.jpg)

![921 S State Street - Photo 22](http://lh.rdcpix.com/ccec48223e79008406ae29c9eac3a133l-f1247064583r.jpg)

![921 S State Street - Photo 23](http://lh.rdcpix.com/ccec48223e79008406ae29c9eac3a133l-f676371030r.jpg)

![921 S State Street - Photo 24](http://lh.rdcpix.com/ccec48223e79008406ae29c9eac3a133l-f2826027275r.jpg)

![921 S State Street - Photo 25](http://lh.rdcpix.com/ccec48223e79008406ae29c9eac3a133l-f257490138r.jpg)

![921 S State Street - Photo 26](http://lh.rdcpix.com/ccec48223e79008406ae29c9eac3a133l-f4232716265r.jpg)

![921 S State Street - Photo 27](http://lh.rdcpix.com/ccec48223e79008406ae29c9eac3a133l-f536834459r.jpg)

![921 S State Street - Photo 28](http://lh.rdcpix.com/ccec48223e79008406ae29c9eac3a133l-f1339199430r.jpg)

![921 S State Street - Photo 29](http://lh.rdcpix.com/ccec48223e79008406ae29c9eac3a133l-f1074767303r.jpg)

![921 S State Street - Photo 30](http://lh.rdcpix.com/ccec48223e79008406ae29c9eac3a133l-f4072986651r.jpg)

---

**MLS#:** 12536205 | **Updated:** 2026-10-23
**Source:** listhub

*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.*

[View on PropertySimple](https://staging.propertysimple.ai/listing/921-s-state-street-lockport-il-60441-ce138a00fbbe496caab535725f4318ff)

---

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