NOT LISTED FOR SALE

809 S State St Lockport, IL 60441

Studio
-- Bath
4,408 Sq Ft
7,022 Sq Ft Lot

Sale Details

Date Sold: September 10, 2025

Last sale price $850,000 $193 Per Sq Ft

17 Days on Market

Highlights

  • Property is near park
  • Central Heating
  • 1-minute walk to Lincoln Landing Park
  • Milne Grove Elementary School Rated 9+
  • Wood Siding

About This Home

As of September 2025

Turn-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

Jeff Jakob

Coldwell Banker Real Estate Group License #475176651 Listed on: 05/19/2025

Coldwell Banker Real Estate Group

Last Buyer's Agent

Jeff Jakob

Coldwell Banker Real Estate Group License #475176651 Listed on: 05/19/2025

Coldwell Banker Real Estate Group

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
  • Wood Siding
  • 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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,119

Year Built

Built in 1915

Lot Details

7,022 Sq Ft Lot

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Other
  • Stories: 2
  • Year Built: 1915
  • Built Before 1978 (Y/N): Yes
  • Information: List Broker Must Accompany
  • Estimated Age: Older
  • Actual Status: Closed
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fire Protection: Smoke or Fire Protectors,Carbon Monoxide Detector(s)
  • Refrigerators: 8
  • Ranges: 8
  • Room: 0

Exterior Features

  • Construction Materials: Brick, Stone, Wood, Combination
  • Foundation Details: Stone
  • Frontage Type: City Street, State Road

Utilities

  • Cooling: Window Unit(s)
  • Electric: Circuit Breakers
  • Heat/Ventilation: Central Bldg Heat,Electric,Radiators

Fee Information

  • Trash Expense: 2505
  • Water Sewer Expenses: 2156
  • Operating Expense Includes: Fuel,Insurance,Trash,Utilities,Water/Sewer,Electricity,Gas,Real Estate Tax

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.16
  • Lot Dimensions: 32X70X32X70X64X140
  • Lot Size Sq Ft: 7022
  • Zoning: MULTI

Building Info

  • BuildingAreaTotal: 4408

Rental Info

  • Board Number: 17
  • Tenancy Type: Leases,Month To Month

Multi Family

  • Net Operating Income: 70234
  • Fuel Expense: 1890
  • Insurance Expense: 2741
  • ElectricExpense: 4255
  • GrossIncome: 90900
  • NumberOfUnitsTotal: 9
  • OperatingExpense: 20666
  • Type Multi-Family: Other

Tax Info

  • Tax Annual Amount: 7119
  • Tax Year: 2023

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 11, 2025
Sold by
Bought by

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
Bought by

Purchase Details

Closed on
Sep 26, 2008
Sold by
Bought by

Purchase Details

Closed on
Sep 19, 2002
Sold by
Bought by

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
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$850,000 Fidelity National Title
-- Attorney
-- First American
$330,000 --
$167,500 Chicago Title Insurance Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $637,500
Previous Owner $450,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $7,078 $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

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12369314

Midwest Real Estate Data (MRED)

APN: 11-04-23-148-002

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