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815-693-4958

Serving Dekalb, LaSalle & Kendall County areas since 1989

Joe has been selling Real Estate at Swanson Real Estate since 1989 and also the Managing Broker at Swanson Realtor for the last several years. In all those years Joe has sold hundred of homes, building lots and land. Learn more

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$1,749,000
42 Days On Site

1016 State Street
Lockport, IL 60441

For Sale|Multi Family|Active
0
Beds
0
Total Baths
2023
Built
County:
Will
Listing Courtesy of MRED as distributed by MLS Grid of Vylla Home
Call Now: 815-786-9418
Is this the listing for you? We can help make it yours.
815-786-9418
1016 State Street1016 State Street1016 State Street1016 State Street
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Monthly Payment (Est.)

$7,980
Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2025 Information is deemed reliable but not guaranteed.

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.

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Listing Snapshot
Price 
$1,749,000
Days On Site 
42 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
2023
MLS® Number 
12478443
Status 
Active
Property Tax 
$32,349
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
a month agoListing updated with changes from the MLS®
a month agoStatus changed to Active
a month agoListing first seen on site
General Features
Number Of Stories 
3
Property Sub Type 
Multi Family
Zoning 
MULTI
Interior Features
Cooling 
Central Air
Electric 
Circuit Breakers
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Exterior Features
Construction Details 
Brick
Community Features
MLS Area 
Homer / Lockport
Township 
Lockport
Listing Courtesy of MRED as distributed by MLS Grid of Vylla Home



Based on information submitted to the MLS GRID as of 2025-11-05 09:27 AM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Last checked: 2025-11-05 09:27 AM UTC
MRED DMCA Copyright Information Copyright © 2025 Midwest Real Estate Data LLC. All rights reserved.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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Joe Frieders, Managing Broker 

Swanson Real Estate 

815-786-9418 Sandwich

630-553-3333 Yorkville

815-693-4958 Direct

Areas Served: Dekalb, Lasalle, Kendall counties Illinois including Big Rock, Earlville, Hinckley, Leland,

Naperville, Newark, Oswego, Plano, Sandwich, Sheridan, Somonauk and Yorkville