Date
Details
Price
Change
Source
11/04/2025
Listed
$1,200,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/13
$1,200,000
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1/13
Property Description
Corner 4-unit retail plaza located at the high-traffic intersection of State St and Division St in Lockport. Two units currently leased to established tenants - a popular pizza restaurant and a neighborhood liquor store. A mix of occupied and vacant units ideal for immediate income + future upside. High visibility, easy access, ample parking and stable surrounding businesses create the perfect location for long-term investment success. Great potential for owner-user or investor. Strong traffic counts and growing area make this a solid long-term asset. Two units are vacant and can typically be shown at any time with appointment. Two units are occupied and access depends on customer traffic and business activity-availability may vary. Second PIN 1104233230040000 holds other three properties 1525, 1527, 1529 S. State St. 9, 048 sq. ft.
Full Property Details
Full Property Details for 1513 S State St
General
- Price: $1,200,000
- Taxes: $16,627 (2024)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12501074
- Updated: 12/9/2025
- Added to Site: 77 day(s) ago
Business
- Business Type: Retail
Additional Information
- Security/Safety: Alarm on Site, Fire Extinguisher(s)
Location
- Area: Homer / Lockport
- County: Will
- Driving Directions: Archer (State street in Lockport) to Division, south of Metra Station
Heating & Cooling
- Cooling Type: Central Individual
- Heating Type: Heat Pump
Structural Information
- # Loading Docks: 3
- Stories/Levels: 1
- Square Feet: 12,251
- Current Bldg. Use: Commercial, Medical/Dental
- Year Built: 1987
Unit Information
- # Tenants: 2
Lot Features
- Lot Size (Sq. Ft.): 3,555
- Lot Dimensions: 3555
- Zoning: COMMR
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Security Deposit: Alarm On Site, Fire Extinguisher/s
- Assessment Year: 1987
- Tax Amount: $16,627
- Tax Year: 2024
Disclosures and Reports
- Property ID: 1104233230050000
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Schools
Schools serving 1513 S State St
School Districts:Lockport School District 91, Lockport Township High School District 205
| Name | Grades | Distance |
|---|---|---|
Milne Grove Elementary School 565 East 7th Street, Lockport, IL 60441 | PK-3 | 0.8 mi |
Kelvin Grove Jr High School 808 Adams Street, Lockport, IL 60441 | 4-8 | 1.1 mi |
Lockport Township High School East 1333 East 7th Street, Lockport, IL 60441 | 9-12 | 1.6 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1513 S State St
Tax History
Tax History for 1513 S State St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$5,487
-6%
$63,913
—
2023
$5,856
5%
$63,913
5%
2022
$5,599
—
$60,819
-5%
2022
$5,599
-7%
$63,913
—
2020
$6,017
-1%
$63,913
—
2019
$6,053
-2%
$63,913
—
2018
$6,201
-2%
$63,913
—
2017
$6,351
-3%
$63,913
-15%
2016
$6,515
-19%
$75,605
—
2015
$8,068
5%
$75,605
8%
2014
$7,666
2%
$70,004
—
2013
$7,522
9%
$70,004
—
2012
$6,870
—
$70,004
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1513 S State St
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- Townhouse
- Active
- Updated 1 day ago
- 2Beds
- 2Total Baths
- 1,380Sq. Ft.
- Single Family
- Active
- Updated 4 days ago
- 4Beds
- 2Total Baths
- 1,600Sq. Ft.
- Single Family
- Active
- Updated 13 hours ago
- 4Beds
- 3Total Baths
- 2,356Sq. Ft.
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- Townhouse
- Active
- Updated 1 day ago
- 2Beds
- 2Total Baths
- 1,640Sq. Ft.
- Townhouse
- Active
- Updated 4 days ago
- 3Beds
- 3Total Baths
- 1,992Sq. Ft.
- Townhouse
- Active
- Updated 2 days ago
- 2Beds
- 2Total Baths
- 1,263Sq. Ft.
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1513 S State Street, Lockport, IL 60441 (MLS# 12501074) is a Commercial property. 1513 S State Street is currently listed for $1,200,000 and was received on November 04, 2025. Want to learn more about 1513 S State Street? Do you have questions about finding other Commercial real estate for sale in Lockport? You can browse all Lockport real estate or contact a Coldwell Banker agent to request more information.