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Key Details
Property Type Commercial
Sub Type Multi Family 5+
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID 12145424
Year Built 1976
Annual Tax Amount $14,192
Tax Year 2023
Lot Dimensions 80X123
Property Sub-Type Multi Family 5+
Property Description
Seize a rare opportunity to own a beautifully remodeled 8-unit building in the vibrant heart of Lockport. This property offers six spacious 2-bedroom, 1-bathroom units and two charming 1-bedroom, 1-bathroom units, making it a versatile investment with broad appeal. Each unit is meticulously maintained, boasting generously sized bedrooms and ample closet space to meet all storage needs. These rentals stand out in the market for their quality and attention to detail. Ideally located within walking distance of the Park District and Challenge Fitness, the property is also close to restaurants, parks, shopping centers, schools, the train station, and major highways. This prime location is perfect for tenants seeking convenience and easy access to a wide range of amenities. With a focus on comfort, sophistication, and practicality, this property offers a strong return on investment for the discerning investor. Six of the eight units have been remodeled. All units in the building operate fully on electric and benefit from a newly installed water softener for enhanced convenience. Recent upgrades, including the roof, windows, and doors just four years ago, ensure peace of mind for future ownership. The property also offers additional income potential with on-site washer and dryer amenities, providing a convenient service for tenants while boosting revenue. Don't miss this exceptional opportunity to secure a prime real estate investment in Lockport!
Location
State IL
County Will
Zoning MULTI
Interior
Cooling Window Unit(s)
Fireplace N
Exterior
View Y/N true
Building
Foundation Concrete Perimeter
Structure Type Brick,Frame
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Listed by Robert Miller • Vylla Home