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Historic mixed-use investment opportunity in Downtown Lockport featuring a stabilized income stream and long-term upside. The property includes a well-established restaurant tenant on a 10-year lease with annual increases, occupying approximately 4,500 SF and covering key utilities-helping reduce operating expenses. Above the retail space are five fully leased apartments with spacious layouts, including large two-bedroom and unique two-story units, providing consistent residential income. Positioned on a prominent corner along State Street in Lockport's historic downtown, the property offers strong visibility, walkability, and access to local dining, retail, and amenities-making it an attractive, turnkey investment.
| DAYS ON MARKET | 6 | LAST UPDATED | 2/17/2026 |
|---|---|---|---|
| YEAR BUILT | 1895 | COMMUNITY | Homer / Lockport |
| COUNTY | Will | STATUS | Active |
| PROPERTY TYPE(S) | Commercial |
| ADDITIONAL DETAILS | |
| AREA | Homer / Lockport |
|---|---|
| LOT | 0.309 acre(s) |
| LOT DIMENSIONS | 13541 |
| STORIES | 2 |
| TAXES | 11949 |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listed with Listing Leaders Northwest, Inc
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Copyright 2026 MRED. All rights reserved.
The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.
Copyright 2026 MRED. All rights reserved.
This IDX solution is (c) Diverse Solutions 2026.