Seller's Agent in 2025
Jeff Jakob
Coldwell Banker Real Estate Group
(815) 320-2600
8 in this area
62 Total Sales
809 S State St Lockport, IL 60441
--
Bed
--
Bath
4,408
Sq Ft
7,022
Sq Ft Lot
Highlights
- Property is near park
- Central Heating
- 1-minute walk to Lincoln Landing Park
- Milne Grove Elementary School Rated 9+
About This Home
As of September 2025Turn-key mixed use property in booming downtown Lockport available now. Currently 8 apartments and long-term commercial tenant with potential to add garden unit, laundry, and storage. Walking distance to train, parks, trails, restaurants and night-life, this property never has a vacancy long. Some units have been fully updated while others have been occupied by same tenants for years. Barber shop has long term lease with annual rent increases in place.
Last Agent to Sell the Property
Coldwell Banker Real Estate Group License #475176651 Listed on: 05/19/2025
Last Buyer's Agent
Coldwell Banker Real Estate Group License #475176651 Listed on: 05/19/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,119
Year Built
- Built in 1915
Lot Details
- 7,022 Sq Ft Lot
- Lot Dimensions are 32x70x32x70x64x140
- Property fronts a state road
Home Design
- Mixed Use
- Brick Exterior Construction
- Stone Foundation
- Stone Siding
Interior Spaces
- 4,408 Sq Ft Home
- 2-Story Property
Location
- Property is near park
Utilities
- Window Unit Cooling System
- Central Heating
- Radiator
Community Details
Overview
- 9 Units
Building Details
- Electric Expense $4,255
- Fuel Expense $1,890
- Insurance Expense $2,741
- Trash Expense $2,505
- Water Sewer Expense $2,156
- Operating Expense $20,666
- Gross Income $90,900
- Net Operating Income $70,234
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jul 11, 2025
Sold by
Fpb Ventures Llc
Bought by
Lockport State Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$637,500
Interest Rate
6.63%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Jul 12, 2017
Sold by
Joal Llc
Bought by
Fpb Ventures Llc
Purchase Details
Closed on
Sep 26, 2008
Sold by
First Bank Of Manhattan
Bought by
Joal Llc
Purchase Details
Closed on
Sep 19, 2002
Sold by
Lasalle Bank National Assn
Bought by
First National Bank Of Manhattan and Trust #404
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
6.32%
Purchase Details
Closed on
Mar 11, 1997
Sold by
Guyer Robert L and Guyer Carol A
Bought by
Drafke Gordon D
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $850,000 | Fidelity National Title | |
| Quit Claim Deed | -- | Attorney | |
| Deed | -- | First American | |
| Deed | $330,000 | -- | |
| Warranty Deed | $167,500 | Chicago Title Insurance Co |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $637,500 | Credit Line Revolving | |
| Previous Owner | $450,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/10/2025 09/10/25 | Sold | $850,000 | -6.6% | $193 / Sq Ft |
| 06/05/2025 06/05/25 | Pending | -- | -- | -- |
| 05/19/2025 05/19/25 | For Sale | $910,000 | -- | $206 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $7,287 | $84,879 | $20,985 | $63,894 |
| 2023 | $7,287 | $77,700 | $19,210 | $58,490 |
| 2022 | $6,577 | $71,448 | $17,664 | $53,784 |
| 2021 | $6,659 | $71,448 | $17,664 | $53,784 |
| 2020 | $6,726 | $71,448 | $17,664 | $53,784 |
| 2019 | $6,766 | $71,448 | $17,664 | $53,784 |
| 2018 | $6,576 | $67,781 | $16,757 | $51,024 |
| 2017 | $6,736 | $67,781 | $16,757 | $51,024 |
| 2016 | $6,909 | $67,781 | $16,757 | $51,024 |
| 2015 | $6,872 | $67,781 | $16,757 | $51,024 |
| 2014 | $6,872 | $62,760 | $15,516 | $47,244 |
| 2013 | $6,872 | $62,760 | $15,516 | $47,244 |
Source: Public Records
Agents Affiliated with this Home
-
Jeff Jakob
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12369314
APN: 11-04-23-148-002
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