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Investment Highlights

  • Busy Street Traffic
  • New Roof & HVAC Systems
  • Two Store Fronts & Storage Area

Executive Summary

Ever imagined opening up your own restaurant or any other business venture, ... here is your chance! This iconic downtown Lockport commercial building features over 10,000 sq feet with three different sections - two high traffic restaurant store fronts on State St and one larger high ceiling storage area in the back of the building. Featuring a new commercial grade roof along with new HVAC systems! Restaurant equipment negotiable outside of sale. Seller wishing to sell as is. Make an appointment to view today! Quick closing possible!

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
10,000 SF
Building Class
C
Year Built
1965
Price
$684,733 CAD
Price Per SF
$68.47 CAD
Percent Leased
Vacant
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.79
Lot Size
0.29 AC
Zoning
C1 - Commercial/ Restaurant
Parking
10 Spaces (1 Spaces per 1,000 SF Leased)
Frontage
91’ on State St
Fairly walkable
40/100
Exceptionally drivable
100/100
Good public transit
70/100
Moderately bikeable
70/100

Nearby Major Retailers

Old National Bank
Scooter's Coffee
BMO
Anytime Fitness

Property Taxes

Property Taxes

Parcel Number
11-04-23-327-002
Land Assessment
$55,902 CAD
Improvements Assessment
$50,926 CAD
Total Assessment
$106,827 CAD
  • Listing ID: 40512395

  • Date on Market: 2026-05-13

  • Last Updated:

  • Address: 1118 S State St, Lockport, IL 60441

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