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1015 S State Street

Lockport, IL 60441
  • $324,900
  • STATUS: Active
  • ON SITE: 22 Days
  • MLS #: 11265216
$324,900
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1900
County:

School Ratings & Info

Description

Calling all investors - great opportunity to own a brick 3-unit mixed-use building in top condition! Storefront commercial space on main level plus two, large one bedroom apartment units above. All three units are currently rented with great tenants. Includes two car attached garage plus drive-way space. Tons of storage in separate unfinished basement. Fully rehabbed in 2010 with additional updates since. Building provides strong cash flow with low operating expenses and a solid IRR. Located in high visibility area in Historic Downtown Lockport. Neighboring businesses, restaurants, municipalities, professional offices, shopping and entertainment. Easy street parking. Short walk to Metra station, 10 mins. to I-355 or I-80, and 15 mins. to I-55. Don't miss this true turn-key investment!

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© 2021 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Carolyn and Hillary Homes | Charles Rutenberg Realty. Based on information submitted to the MRED as of 2021-11-29T23:58:29.167 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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1015 S State Street Lockport, IL 60441

  • Price: $324,900
  • Status: Active
  • On Site: 22 Days
  • MLS #: 11265216
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1900
Built
Neighborhood:
Homer / Lockport
County:
Will
Area:
Homer / Lockport
Property Description
Calling all investors - great opportunity to own a brick 3-unit mixed-use building in top condition! Storefront commercial space on main level plus two, large one bedroom apartment units above. All three units are currently rented with great tenants. Includes two car attached garage plus drive-way space. Tons of storage in separate unfinished basement. Fully rehabbed in 2010 with additional updates since. Building provides strong cash flow with low operating expenses and a solid IRR. Located in high visibility area in Historic Downtown Lockport. Neighboring businesses, restaurants, municipalities, professional offices, shopping and entertainment. Easy street parking. Short walk to Metra station, 10 mins. to I-355 or I-80, and 15 mins. to I-55. Don't miss this true turn-key investment!
Exterior Features

Exterior Building Type Brick Frontage Type City StreetPublic RoadState RoadUs Highway Outdoor Parking Common ParkingLightedOpenPublic Lot Parking Total 2 Water Drainage Storm Sewers

Interior Features

Cooling Central Individual Flooring CarpetVinylWood Heat Ventilation Central Heat/Indiv Controls Miscellaneous Inside Private Restroom/SBasement Number Of Dryers 1 Number Of Ranges 2 Number Of Washers 1

Property Features

Additional Parcels YN No Approximate Age Older Built Before1978 YN Yes Current Use Commercial Electric Circuit Breakers Fire Protection Alarm MonitoredFire Extinguisher/SHydrants On Site Geographic Locale Southwest Suburban Gross Income 29700 Gross Scheduled Income 29700 Insurance Expense 2716 Location Central Business DistrictPublic Transport Avail Net Operating Income 0 Number Of Tenants 3 Operating Expense 0 Ownership Types Corporation Possible Use CondominiumRetail Rental Price 0 Tax Annual Amount 5220 Tax Year 2020 Tenant Pays ElectricityHeatJanitorial ServiceScavenger Total Monthly Income 2475 Township Lockport Type Mixed Use Utilities Electric To SiteGas To SiteSanitary SewerWater-Community Zoning Commr

Listing information © 2021 Midwest Real Estate Data LLC.
Listing provided courtesy of North Clybourn Group, Inc..


© 2021 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Carolyn and Hillary Homes | Charles Rutenberg Realty. Based on information submitted to the MRED as of 2021-11-29T23:58:29.167 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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