515 S State St, Lockport, IL 60441 Property Records

Will County property record for 515 S State St, Lockport, IL 60441

Property Summary

Property TypeCommercial
Detailsbuilt 1967
Lot Size0.21 acres (9,360 sqft)
OwnerCompany Name on File
Last Sale$160,000 (Jun 2018)
Tax Bill$5,391 (2025)
Deeds & MortgagesAug 2022 Mortgage
Mar 2021 Transfer
+ 3 more
Flood ZoneZone X (minimal risk)
APN11-04-23-145-003

Property Details

APN / Parcel Number

Primary APN11-04-23-145-003
Alternative APN
  • 04231450030000

Exterior

Year BuiltBuilt 1967
Effective Year BuiltEffective 1967
Lot Area9,360 sqft (0.21 acres)

Location & Zoning

Street Address515 S STATE ST
CityLOCKPORT
StateIL
Zip60441-3032
Property CategoryCommercial
Property TypeCommercial > Retail
Legal DescriptionLOT 3 BLOCK 42 IN THE TOWN (NOW CITY) OF LOCKPORT, BEING A SUB PRT OF THE E1/2 OF THE NW 1/4 OF SEC 23, T36N-R10E.
Legal Range10E
Legal Township36N
Legal Section23
Legal SubdivisionTHE TOWN OF LOCKPORT
Legal Block42
Legal Lot Number3
JurisdictionWILL IL
Township / Civil DivisionLOCKPORT
Census Block Group1
Census Block1011
Census Tract880602

Owner

515 S State St, a commercial property, is owned by a company that acquired it in March 2021.

Source: Will County records, as of August 24, 2026

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Owner of RecordCompany Name on File
Mailing Address1201 ILLINI DR, LOCKPORT, IL 60441-3801
Owner TypeCompany
VestingCompany

Deeds, Mortgages & Sale History

DateDocument
Aug 3, 2022Deed of Trust, Mortgage · Conventional Mortgage
MUTUAL FEDERAL BANK
Mar 19, 2021Intrafamily Transfer, Transfer
LAKELAND TITLE SERVICES
Dec 31, 2018Quit Claim Deed, Transfer
ATTORNEY ONLY
Jun 4, 2018Grant Deed, Transfer
ATTORNEY ONLY
Mar 6, 2017Quit Claim Deed, Transfer
Quitclaim

Assessor's Deed Record

Deed NamesName on Deed
Last SaleJun 4, 2018 · Amount on File
Deed SaleJun 4, 2018 · Amount on File
Deed Document Number201836886
Last Transfer DateMar 10, 2021
Transfer Doc0000031252
Record UpdatedOct 29, 2026

August 2022: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionWILL IL
Property Address515 S STATE ST, LOCKPORT, IL 60441-3032
Transaction TypeMortgage
Record UpdatedAug 12, 2022
Title CompanyCHICAGO TITLE

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number0000058830
DateAug 3, 2022
InstrumentR2022058830
Lender
NameMUTUAL FEDERAL BANK
TypeBank
AddressCHICAGO, IL 60606
Agreement
TypeConventional Mortgage
AmountAmount on Record
Term360 Months
DueAug 1, 2052
Interest
Rate TypeAdjustable Rate
Rate5%
AdjustableAdjustable Rate Rider
Type Change DateAug 1, 2027
Change FrequencyAnnually
Min Rate At Change3.5%
Max Rate At Change7%
Index1-Year CMT
Max Rate11%

March 2021: Intrafamily Transfer, Transfer

Document TypeIntrafamily Transfer
JurisdictionWILL IL
Recording DateMar 19, 2021
Property Address515 S STATE ST, LOCKPORT, IL 60441-3032
Document Number0000031252
Instrument DateMar 10, 2021
InstrumentR2021031252
Transaction TypeTransfer
Record UpdatedNov 4, 2021
Title CompanyLAKELAND TITLE SERVICES

Transaction

Tax$0.00
Amount AccuracyTransfer Tax Exempt
Additional
  • Intrafamily Transfer

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
Address1201 ILLINI DR, LOCKPORT, IL 60441-3801

December 2018: Quit Claim Deed, Transfer

Document TypeQuit Claim Deed
JurisdictionWILL IL
Recording DateDec 31, 2018
Property Address515 S STATE ST, LOCKPORT, IL 60441-3032
Document Number0000090506
Instrument DateDec 6, 2018
Instrument90506
Transaction TypeTransfer
Record UpdatedJan 15, 2019
Title CompanyATTORNEY ONLY

Transaction

Tax$0.00
Additional
  • Quitclaim
  • Intrafamily Transfer

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipCompany
Address1201 ILLINI DR LOCKPORT IL 604413801, LOCKPORT, IL 60441-3801

June 2018: Grant Deed, Transfer

Document TypeGrant Deed
JurisdictionWILL IL
Recording DateJun 4, 2018
Property Address515 S STATE ST, LOCKPORT, IL 60441-3032
Document Number0000036886
Instrument DateMay 15, 2018
Instrument36886
Transaction TypeTransfer
Record UpdatedJun 18, 2018
Title CompanyATTORNEY ONLY

Transaction

AmountAmount on Record
Tax$240.00
Amount AccuracyConfirmed
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipJoint Tenants with Right of Survivorship
Address515 S STATE ST LOCKPORT IL 604413032, LOCKPORT, IL 60441-3032

March 2017: Quit Claim Deed, Transfer

Document TypeQuit Claim Deed
JurisdictionWILL IL
Recording DateMar 6, 2017
Property Address515 S STATE ST, LOCKPORT, IL 60441-3032
Document Number0000018775
Instrument DateMar 3, 2017
Instrument18775
Transaction TypeTransfer
Record UpdatedApr 10, 2017

Transaction

Tax$0.00
Additional
  • Quitclaim
  • Intrafamily Transfer

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipJoint Tenants with Right of Survivorship
Address16519 S FOX RUN CIR PLAINFIELD IL 605869124, PLAINFIELD, IL 60586-9124

Tax Assessment & Valuation

The 2025 property tax bill for 515 S State St was $5,391.

Source: Will County assessment roll, as of August 24, 2026

Property Jurisdictions

TypeName
StateIllinois
CountyWill County
County SubdivisionLockport Township
MunicipalityLockport City
Elementary School DistrictLockport School District 91 (KG - 08)
Secondary School DistrictLockport Township High School District 205 (09 - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2025$5,391.00$64,652 (-) Land $18,305 Building $46,347$193,956 (-) Land $54,915 Building $139,041
2024$64,652 Land $18,305 Building $46,347$193,956 Land $54,915 Building $139,041
2022$5,448.00$59,184 Land $16,757 Building $42,427$177,552 Land $50,271 Building $127,281

Assessed value and assessed market value are set for property tax purposes, not market price estimates; both are a fraction of this property's market value.

Flood

FEMA maps place 515 S State St in Zone X, an area of minimal flood risk, within 500 ft of a high-risk flood zone.

Source: FEMA National Flood Hazard Layer, effective June 11, 2026 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood ZoneZone X
minimal risk
Nearest Special Flood Hazard AreaZone AE, within 500 ft
Flood Insurance RequirementNot required
lenders may require it
Nearby Flood Policies3 in force
Nearby Flood Claims14 (1981–2019)
Claims Outside the SFHA4 of 14
Most Recent ClaimSep 2019 · other causes
Claims by Event
  • Severe Storms And Flooding, Jul 1996 · 10 claims

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

The area around 515 S State St has no burnable land within ember reach, so its wildfire risk is not rated.

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire RiskNot rated
no burnable land within ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water SystemLOCKPORT
serves 23,100 people · EPA ID IL1970500
Water SourceGroundwater
Last State InspectionMay 2025
Lead8 ppb (2026)
action level 15 ppb

Violations Reported to EPA

Water QualityNone
last 10 years
Treatment and ProcedureNone
last 10 years
Monitoring and Reporting40
last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.

Internet Providers

Source: FCC Broadband Data Collection, based on 129 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
Xfinity
Cable
2,000 / 250
Verizon
Fixed Wireless
300 / 20
T-Mobile
Fixed Wireless
100 / 20
AT&T
DSL · Fiber in parts of the area
100 / 20

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