Retail Space
1706 South State Street Lockport, IL 60441
Details & Description
Price: $900,000
    The leasehold improvements include a 6,584 SF building, a parking lot with 85+ parking spaces, and additional land for future parking if needed. These improvements are listed at $900,000. There is a land lease also included with the purchase. The current lease amount is $6,500 per month with escalations every two years based on the CPI. The current term has a remaining 48 years with 10 year renewal options.HighlightsGreat Location Between Neil Street and State StreetEasily Converted to Office, Storage or other Retail SpaceNeil Street SignageAmple Parking with 40 Spaces
    Listing Agents
    John Carson
    SVN Ramshaw Real Estate Inc.
    O: 217-359-6400
    M: 217-202-1052
    john.carson@svn.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    1706 South State Street

    Lockport, IL 60441

    Listing ID: 219900
    • 1706 South State Street Lockport, IL 60441 | for Sale | Photo 1
    • 1706 South State Street Lockport, IL 60441 | for Sale | Photo 2
    1706 South State Street | for Sale | Thumbnail 1
    1706 South State Street | for Sale | Thumbnail 2
    Building Size: 6,584 SF
    Lot Size: 0.735 AC
    Land Size: 32,000 SF
    Building $/SF: $136.70
    Land $/SF: $28.13
    Price
    $900,000
    Description

    The leasehold improvements include a 6,584 SF building, a parking lot with 85+ parking spaces, and additional land for future parking if needed. These improvements are listed at $900,000. There is a land lease also included with the purchase. The current lease amount is $6,500 per month with escalations every two years based on the CPI. The current term has a remaining 48 years with 10 year renewal options.

    Highlights

    Great Location Between Neil Street and State Street

    Easily Converted to Office, Storage or other Retail Space

    Neil Street Signage

    Ample Parking with 40 Spaces

    Attachments & Files

    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    Joliet History of Retail Space for Sale

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    Lockport Area Market Trends

    Listing Demographics for 1706 South State Street Lockport, IL 60441

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population5,98447,480161,112
    Population Median Age383636
    Population by Age0-9 Yrs775 (12%)5715 (12%)20879 (12%)
    10-19 Yrs779 (13%)7428 (15%)24452 (15%)
    20-29 Yrs808 (13%)6510 (13%)23379 (14%)
    30-39 Yrs887 (14%)7055 (14%)22493 (13%)
    40-49 Yrs748 (12%)7353 (15%)22830 (14%)
    50-59 Yrs800 (13%)5837 (12%)20122 (12%)
    60-69 Yrs685 (11%)4033 (8%)13887 (8%)
    70+ Yrs503 (8%)3549 (7%)13069 (8%)
    Median HH Income$61,585$67,585$63,034
    Total Household Income< 24K392 (16%)2304 (15%)9104 (16%)
    25-49K532 (22%)3060 (20%)11944 (22%)
    50-74K547 (23%)2910 (19%)10771 (19%)
    75-99K294 (12%)2034 (13%)7847 (14%)
    100-199K537 (22%)3919 (26%)12252 (22%)
    200K+57 (2%)703 (4%)1945 (3%)
    Highest Education LevelNo Diploma366543017449
    Diploma or GED1334945633166
    Some College940671523077
    Assoc. Degree42523107835
    Bachelors Degree798466314789
    Higher Degree27823096804
    Total Housing Units2,70016,12358,575
    --Owner-Occupied1,51010,92737,203
    --Renter-Occupied8494,00316,659
    Owner-Occupied Values< 100K14916585471
    100-199K811436218014
    200-299K40829049133
    300-399K13115693102
    400-499K6292813
    500K+5141670
    Total Working Age Population4,79637,425125,645
    In Work Force3,25722,75382,271
    Not In Work Force1,53914,67143,375
    Workforce Employed3,05221,71877,543
    Workforce Unemployed2041,0234,596
    Civlian Workforce3,25722,74182,139
    Military Workforce012132
    Total Households2,36014,93053,862
    Family Households1,53010,64536,398
    Non-Family Households8294,28417,464
    Married Couple9987,61625,288
    Other Family5333,03011,111
    Married w/Child4063,61711,529
    Single Male w/Child984021,157
    Single Female w/Child2161,1484,771

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    Illinois12,419,293+312,830,632+1214,316,487+615,138,849
    Cook County5,376,741-35,194,675+105,707,832+55,990,243
    Will County502,266+35677,560+34907,625+201,093,207

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 1706 South State Street in Lockport?
    The asking price for 1706 South State Street is $900,000
    What is the building size of this Retail property in Lockport, IL?
    The size of the building/unit at 1706 South State Street in Lockport is 6,584 square feet
    How much land does the Lockport, IL property at 1706 South State Street include?
    1706 South State Street in Lockport includes 0.735 acres of land
    What kind of Retail is the propery at 1706 South State Street?
    The property at 1706 South State Street Lockport, IL 60441 is listed as a Free Standing Building Retail property
    What is the population within 1 mile of 1706 South State Street in Lockport?
    The population within 1 mile of 1706 South State Street Lockport, IL 60441 is 5,984 people.
    Who do I contact for questions about 1706 South State Street?
    You should contact the listing agent, John Carson, for any details regarding this commercial listing.

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    Closest Commercial Airports

    Airport Distance (mi)
    Chicago Midway International Airport (MDW) 21
    Chicago O'Hare International Airport (ORD) 29
    Chicago Rockford International Airport (RFD) 68
    Price
    $900,000
    Listing Agent
    John Carson - CRE Agent at SVN Ramshaw Real Estate Inc.

    John Carson

    SVN Ramshaw Real Estate Inc.

    CONTACT AGENT

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