Address
105-107 E 7th Street, Lockport, IL
Price
$ 295,000
Property Attributes
- MLS#12011867
- TypePending
- CountyWILL
- CityLockport
- AreaHomer - Lockport
- Zip60441
- Style
- Taxes$ 8969
- Price$ 295,000
- Bedrooms4
- Full Bathrooms3
- Half Bathrooms1
- Sqr Footage1500
- Lot Size0.11 Acres
Data Source:
Midwest Real Estate Data (MRED)
Property Description
Attention savvy investors! This exceptional property presents a golden opportunity for maximizing your investment potential. Featuring a 2-unit residential building with a separate detached office space, this gem offers versatility and endless possibilities. Each residential unit boasts 2 bedrooms and 1 bathroom, while the office space is equipped with a convenient half bathroom. With a lot size of 4975 sqft and 6 parking spaces spread across 2 parking lots, convenience is key. Plus, each unit comes complete with its own water heater and furnace, ensuring comfort and autonomy for tenants. The upstairs unit has been recently refinished, adding a touch of modernity and appeal. With approximately 1600 sqft of livable space in the residential building, complemented by a 750 sqft basement and a 200 sqft office space, there's ample room for creativity and expansion. Additionally, note that the residential space currently has 2 tenants paying below market rent, but the property can be delivered vacant, offering potential for higher returns. With residential rentals in the area reaching up to $2000, the potential for lucrative returns is undeniable. Don't miss out on this rare opportunity to own a piece of prime real estate - seize the moment and make your mark on this investment today!
| High School |
|---|
| Lockport Township High School |
| Price History | |
|---|---|
| 3/23/2024 | Listed $295,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Natural Gas |
| Possession | Closing |
| Roof | Asphalt |
| Township | Lockport |
| Tax Year | 2022 |
| Percent Ownership | Fee Simple |
| County | Will |
| New Construction | No |
| Property Type | Residential Income |
| Other Structures | See Remarks |
| Total Rooms | 12 |
| Status | Pending |
| Directions | State St to 620 S State Street |
| High School | Lockport Township High School |
| City | Lockport |
| High School District | 205 |
| MLS Area | Homer / Lockport |
| Waterfront Y/N | No |
| Street Name | 7th |
| Tax Annual Amount | 8969 |
| Days on Market | 12 |
| Standard Status | Pending |
| Middle/Junior School District | 91 |
| Elementary School District | 91 |
| Property Type | Two to Four Units |
Interior Features
| Basement | Full |
|---|---|
| Street Suffix | Street |
| Total Bedrooms | 4 |
| Total Baths | 3 |
| Bedrooms Possible | 4 |
| Basement | Unfinished |
| Full Baths Building | 2 |
| Half Baths Building | 1 |
| Total Number of Units | 3 |
Exterior Features
| Parking Features | Additional Parking |
|---|---|
| Water Source | Public |
| Total Parking | 6 |
| Foundation Details | Concrete Perimeter |
| Lot Dimensions | 4975 |
| Lot Size Acres | 0.11 |
| Exterior | Frame |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Pending Average in 60441
Price
Taxes
Visits
Midwest Real Estate Data (MRED) All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Multiple Listing Service. Real estate listings held by brokerage firms other than NextHome Select Realty may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. Copyright ©2024 All rights reserved.Based on information submitted to the MLS GRID as of May 28, 2024 12:47 AM UTC All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice.
Data is updated as of May 28, 2024 12:47 AM UTC
