105-107 7th Street, Lockport, Illinois 60441
$280,000
|
Sold
|
|
| Status: | Closed |
| Sqft: | 0 |
| Cost/Sqft: | — |
| Beds: | 4 |
| Baths: | 0 |
| Year Built: | — |
| Property Taxes: | $8,969 |
| Days On Market: | 552 |
| Lot Size: | 0,11 |
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!
Property Specifics
| Multi-unit | |
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| — | |
| — | |
| — | |
| — | |
| No | |
| 0.11 |
| Will | |
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| — / — | |
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| — | |
| 12011867 | |
| 1104231510010000 |
Nearby Schools
| NAME: | DISTRICT: | DISTANCE: | |
|---|---|---|---|
|
High School
Lockport Township High School |
205 | Not in DB | |
Property History
| DATE: | EVENT: | PRICE: | SOURCE: |
|---|---|---|---|
| 10 Jun, 2024 | Sold | $280,000 | MRED MLS |
| 3 Apr, 2024 | Under contract | $295,000 | MRED MLS |
| 23 Mar, 2024 | Listed for sale | $295,000 | MRED MLS |
Room Specifics
Total Bedrooms: 4
Bedrooms Above Ground: 4
Bedrooms Below Ground: 0
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Full Bathrooms: 3
Bathroom Amenities: —
Bathroom in Basement: 0
Rooms: —
Basement Description: Unfinished
Other Specifics
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| 4975 | |
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| — | |
| Not in DB | |
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| — | |
| — | |
| — |
Tax History
| Year | Property Taxes |
|---|---|
| 2024 | $8,969 |
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Listing Provided By
DEI Realty LLC
