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Listing provided courtesy of Coldwell Banker Real Estate GroupMREDas Distributed by MLSGrid- MLS# 12671372MLS Provider

1500 S State StreetLockport, IL 60441

Commercial
$4,000 Active

1500 S State Street Overview

Time on Site:
21 days
Visits:
0

Great opportunity to take over a fully operational, 924 sq. ft. restaurant in the heart of downtown Lockport - located right across from the Metra station. Highlights include:Busy, established business with strong foot traffic. Prime location near Metra and downtown shops.Perfect for anyone looking to step into a ready-to-go restaurant space! All clients must come accompanied by their agent. Please do not bother employees in the restaurant.

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1500 S State Street Facts & Features

  • Type Commercial

Details

General

Income/Expenses

  • Existing Lease Type: N/A
  • Operating Expense: 0

Business Information

  • Business Type: Restaurant

Location/Region

  • County Or Parish: Will
  • MLS Area Major: Homer / Lockport

Rent/Lease Information

  • Tenant Pays: Air Conditioning, Common Area Maintenance, Electricity, Heat, Janitorial Service, Repairs, Sewer, Other, Gas, All Utilities, Trash Collection

Tax Information

  • Tax Annual Amount: $3,900.00
  • Tax Year: 2024

General Information

  • Property Type: Business Opportunity
  • Zoning: COMMR

Interior

General Information

  • Cooling: Central Air, Wall Sleeve
  • Stories: 1

Unit Information

  • Unit SqFt.: 924

Exterior

1500 S State Street Neighborhood

Community

60441 (Lockport) Demographics

38
Median Age
1,185
Population Density (per sq. mile)
40%
College Educated
$80,022
Estimated Median Income
9,585
Estimated Total Home Owners
2,501
Estimated Total Renters
79% / 21%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

1500 S State Street Monthly Cost

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$ %
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$
Corinne Guerra
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

1500 S State Street Market Data

Based on the last 30 days in this zip code

$433,258
Average List Price
$222
Average Price per Square Foot
35
Properties Sold
54
Average Days on Market
142
Properties for Sale
Calculations provided by Reliance Network

1500 S State Street History

Date Event Value Agent
6/13/2026Source: MRED Status Change
Active
6/8/2026Source: MRED Added to Database
June 08, 2026