Lockport, IL 60441,913 S State ST

$269,000

Est. payment /mo

$289,900

7.2%
Est.Price: ?

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913 S State ST Lockport, IL 60441

SOLD DATE : 04/18/2019

Key Details

Sold Price $269,000

Property Type Commercial

Sub Type Mixed Use

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 10258855

Sold Date 04/18/19

Year Built 1928

Annual Tax Amount $3,698

Tax Year 2017

Lot Dimensions 25 X 135

Property Description

Excellent opportunity for investor or owner/user in the heart of Lockport's downtown business district. Cap rate approaches nearly 11%! Plenty of upside potential and heavy traffic pattern. 3 units in building. 1st floor retail, 2nd floor apartment/office/retail, 3rd floor office/retail/apartment. Owner has addressed multiple deferred maintenance items: updated HVAC system, two new bathrooms, new water heaters, new roof on front gables, new downspouts, added drywall in basement, remodeled kitchen on 2nd floor.

Location

State IL

County Will

Area Homer / Lockport

Zoning COMMR

Interior

Cooling Central Individual

Fireplace N

Exterior

Utilities Available Gas to Site, Sanitary Sewer, Water-Municipal, Water to Site

Building

Level or Stories 2

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Midwest Real Estate Data (MRED) IDX
Listed by David Bieschke • Keller Williams Infinity
Bought with Meghan Iuliano • Dream Town Realty

Gisela Attlan

Real Estate Advisor | License ID: 475180654

+1(312) 804-0112

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