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921 S State Street
Lockport IL 60441 US

$843,000

Active Listing ID 12536205
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Lot: 0.19 Acres
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Other

$843,000

Active Listing ID 12536205
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921 S State Street 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 7.5 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.

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Property Features

  • Facts
  • Lot Size: 0.19 Acres
  • Property Type: Commercial Sale
  • Property Sub-type: Other
  • Features
  • Cooling System: Central Air
  • Floor Covering: Carpet, Vinyl
  • Roof Type: Composition

Property

  • propertytype: Commercial Sale
  • propertysubtype: Other
  • listprice: 843000
  • unparsedaddress: 921 S State Street
  • postalcity: Lockport
  • stateorprovince: IL
  • country: US
  • postalcode: 60441
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.1864
  • lotsizeunits: Acres
  • lotsizearea: 0.1864
  • livingarea: 0
  • livingareaunits: Square Feet
  • listagentfullname: Alexander Fenske
  • listagentemail: alex@chicagosouthlandhomes.com
  • listagentkey: 3yd-MREDIL-236127
  • listagentmlsid: 236127
  • listagentpreferredphone: (708) 798-1111
  • listagentofficephone: 7088080220
  • listofficekey: 3yd-MREDIL-61080
  • listofficemlsid: 61080
  • disclaimer: 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.
  • sourcesystemid: MREDIL
  • yearbuilt: 1936
  • listingcontractdate: 2026-01-08
  • listagentfax: 7085900836
  • listagenturl: http://www.kwyes.com
  • countyorparish: Will
  • parcelnumber: 1104233170060000
  • cooling: Central Air
  • constructionmaterials: Brick
  • flooring: Vinyl, Carpet
  • numberofunitstotal: 2
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 2
  • parkingtotal: 0
  • roof: Composition
  • waterfrontyn: False
  • franchiseaffiliation: Keller Williams Realty
  • utilities: Water Available
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Keller Williams Preferred Realty", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"info@chicagosouthlandhomes.com", "ListBrokerageCity":"Orland Park", "ListBrokerageCountry":"US", "ListBrokerageEmail":"klrw644@kw.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"Keller Williams Preferred Realty", "ListBrokeragePhone":"(708) 798-1111", "ListBrokeragePostalCode":"60467-5503", "ListBrokerageStateOrProvince":"IL", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"16101 108th Avenue", "ListBrokerageWebsiteUrl":"http://www.kwyes.com", "ListOfficeAddress1":"16101 108th Avenue ", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"61080", "ListOfficeCity":"Orland Park", "ListOfficeCountry":"US", "ListOfficeEmail":"klrw644@kw.com", "ListOfficePostalCode":"60467", "ListOfficeStateOrProvince":"IL", "ListPriceCurrencyType":"USD", "ListingTitle":"Commercial Sale, Lockport, IL", "ListingURL":"https://listings.listhub.net/pages/MREDIL/12536205/?channel=rexren", "MLSModificationTimestamp":"2026-09-01 20:32:02", "Neighborhoods":[{"Description":null, "Name":"Homer / Lockport"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":null, "TaxDescription":null, "TaxYear":"2024"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 9/2/2026 1:36:42 AM GMT
Source Updated Date: 10/11/2026 12:52:36 AM GMT

Courtesy of: Alexander Fenske, Keller Williams Preferred Rlty, alex@chicagosouthlandhomes.com

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.