921 S State Street, Lockport, IL 60441
Will County
Key Facts
Description
Rare chance to own a standout State Street building in downtown Lockport's Historic District/Municipal Core, backing to Commerce St and the canal. This historic 6,264 sq ft brick, two-story property was built in 1936 as the Lockport Fire Department and later served as Lockport City Hall, having been fully modernized along the way with updated electrical, HVAC, fire protection, and elevator. Currently used as a non-profit office and retail headquarters, C4 Downtown Commercial zoning supports a range of uses, with ideal possibilities including restaurant or boutique retail on the main level, residential/office on the 2nd floor, and potential 3rd unit in the basement. Current layout includes main level vestibule, retail store with office and storage, conference room, safe/vault, and restrooms; upstairs several large offices, meeting rooms, and restrooms; full basement with large storage area that could be a 3rd unit facing Commerce Ave, plus elevator room and wet sprinkler system. Private parking lot for up to 10 cars in the rear, and recent facade/landscape improvements. Strong daily traffic exposure with AADT 11,900.
Property Information
Property Type
Commercial Sale
Sub-Type
Mixed Use
Year Built
1936
Stories
2
Living Area
6,264 sq ft
Lot Size
8,120 sq ft
Lot Dimensions
58' x 140'
Zoning
COMMR
Days on Market
168
MLS® Listing#
12536205
Property Features
Cooling
Flooring
Construction
Foundation
Roof
Utilities
Financial Details
Parcel Number
1104233170060000
Directions
From I-355, take IL-7 (159th St) west toward Lockport. Continue as IL-7 becomes 9th Street into downtown. At State Street (IL-171), turn left (south). Property is just south of 9th Street on State Street.
Affordability Calculator
$168,600
Estimated monthly payment
$4,487/mo
Principal $674,400 · Est. interest $940,848 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Lockport, IL
- $443,750
- Median Listing Price
- 27
- Median Days on Market
- 1,765
- Median Sq Ft
- $234
- Median Price / Sq Ft
- 68
- Active Listings
- This home’s price is 90% above the area median.
- Its price per sq ft is 42% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Lockport, IL.
Location
Points of Interest in Lockport, IL
Showing the Lockport area map.
Nearby Schools
Sacred Heart & St. Dennis School Legacy, Lockport, Il
School · 0.2 mi away
St Dennis Catholic Elementary School
Elementary · 0.3 mi away
Lockport Township High School
Secondary · 0.4 mi away
St. Joseph Elementary School
Elementary · 0.4 mi away
Milne Grove Elementary School
Elementary · 0.5 mi away
Taft Grade School
Elementary · 0.6 mi away
Kelvin Grove Middle School
Secondary · 0.9 mi away
Bobbie Noonan's Child Care
School · 1.0 mi away
Will County School District
School · 1.2 mi away
Ludwig Elementary School
Elementary · 1.2 mi away
Lockport Township High School
Secondary · 1.3 mi away
Lockford East High School
Secondary · 1.5 mi away
Lupine Montessori School
Elementary · 1.5 mi away
Walsh Elementary School
Elementary · 1.6 mi away
Fairmont School
Elementary · 1.7 mi away
William J Butler School
Elementary · 1.8 mi away
Goddard School
School · 1.9 mi away
Chaney Monge School
Elementary · 2.7 mi away
Forest Park Individual Ed School
Elementary · 2.8 mi away
Romeoville High School
Secondary · 3.0 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 17238 S Victoria Lane, Lockport, IL | $593,000 | 4 | 3 | 2,360 |
| 1709 S State Street, Lockport, IL | $599,000 | — | — | — |
| 17324 S Victoria Lane, Lockport, IL | $599,990 | 3 | 3 | 2,470 |
| 15024 W Austin Drive, Lockport, IL | $629,000 | 4 | 3 | 3,199 |
| 18138 S Mitchell Lane, Lockport, IL | $644,500 | 4 | 3 | 3,100 |
| 17305 S Sprucewood Drive, Lockport, IL | $650,695 | 4 | 3 | 2,470 |
Moving Cost Estimate
EXIT Agents in Lockport
Listing Courtesy: Keller Williams Preferred Rlty - 7087981111
Last Updated: 2026-01-08