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1600 South State Street

1600 South State Street, Lockport, IL 60441
Commercial in Lockport
Local assessors in Lockport, IL have categorized 1600 South State Street as a commercial type of property. The property's lot size has been calculated to be 7,825 square feet.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The property was last sold in Jul 9, 2019 for $212,000. Prior to that sales transaction, the property was also sold in Feb 28, 2002 for $210,000. 1600 South State Street was last assessed in 2022. The total value of the property was assessed at $77,396. Specifically, the land the property is located on was valued at $17,329. While improvements on the property were assessed at a total of $60,067. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $6,739. The initial tax year of delinquency was in 2022. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,825
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Commercial
  • Subdivision: SOUTH LOCKPORT
  • Land Acres: 0.18
  • Standard Land Use Code: Commercial (general)
  • Legal Description 1: LOT 2 BLOCK 3 (EX THE E'LY 47 FT) THAT PRT OF THE S 0.50 FT OF DIVISON ST ADJ TO THE N LN OF SD PPTY THT PRT OF THE N'LY 10

Ownership

  • Current Owner : NM CAPITAL LLC
  • Previous Owner : ROSSI VINCENT N
  • Owner Before Previous Owner: FIRST MIDWEST BANK
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes
  • Vacant Flag: Address Standardization Based
  • Vacant Flag Date: Aug 18, 2023

Neighborhood

  • School District Name: Lockport Township High School District 205
  • Census Tract: 880701

Geography

  • Parcel: 11-04-26-107-001
  • Block: 3
  • Lot: 2
  • Municipality: LOCKPORT
  • Latitude: 41.5822
  • Longitude: -88.0604

    Address

  • Full Address: 1600 S State St
  • Address - House Number: 1600
  • Street Direction: S
  • Address - Street Name: State
  • Address - Suffix Type: St
  • State: IL
  • City Name: Lockport
  • Carrier Code: C004
  • 4-Digit Zip Code: 4238
  • Zip Code: 60441

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,739
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: 1149

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $159,000
  • First Open Lien Mortgage Lender: WEST SUBURBAN BANK
  • First Open Lien Mortgage Recording Date: Oct 11, 2019
  • First Open Lien Mortgage Loan Amount: $159,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial

    Market Valuation

  • Market Total Value: $232,188
  • Market Land Value: $51,987
  • Market Improvement Value: $180,201

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $77,396
  • Assessed Land Value: $17,329
  • Assessed Improvements Value: $60,067

    Sales

  • Current Sale Contract Date: Jul 09, 2019
  • Current Sale Recording Date: Oct 11, 2019
  • Current Sale Transaction ID: 11661984404
  • Current Sale Price: $212,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: R2019071897
  • Previous Sale Recording Date: Mar 22, 2002
  • Previous Sale Contract Date: Feb 28, 2002
  • Previous Sale Amount: $210,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: WEST SUBURBAN BANK
  • First Mortgage Transaction Date: Oct 11, 2019
  • First Mortgage Loan Amount: $159,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

    Previous Mortgages

  • Previous Mortgage Lender: UNITED COMMUNITY BANK OF LISLE
  • Previous Mortgage Transaction Date: Mar 22, 2002
  • Previous Mortgage Financing Type: Unknown
  • Previous Mortgage Loan Amount: $157,500
  • Previous Mortgage Term: 60
  • Previous Mortgage Loan Type: Commercial
  • Previous Mortgage Loan Due Date: Mar 19, 2007

About Lockport



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Frequently Asked Questions

What neighborhood is 1600 South State Street located in?
The 1600 South State Street is a commercial located in the neighborhood of Lockport in Lockport, Lockport.
What is the average sales price for listings in 1600 South State Street?
The average sales price for units in 1600 South State Street is $0 currently.

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