1715 State Street, Lockport, Illinois 60441
$365,000
|
Sold
|
|
| Status: | Closed |
| Sqft: | 0 |
| Cost/Sqft: | — |
| Beds: | 8 |
| Baths: | 0 |
| Year Built: | — |
| Property Taxes: | $4,496 |
| Days On Market: | 1702 |
| Lot Size: | 0,41 |
Description
GREAT INVESTMENT WITH CAP RATE OF 10.41% AND MULTIPLE RENTAL UNITS ON THIS PROPERTY!! ALL UNITS ARE RENTED. PROPERTY FEATURES A COMPLETELY UPDATED SINGLE FAMILY HOME SITUATED ON THE FRONT OF THE PROPERTY FEATURING 3 LARGE BEDROOMS WITH 1 ON THE MAIN LEVEL. THE MASTER BEDROOM HAS A FULL BATHROOM WITH A WALK-IN SHOWER AND A WALK-IN CLOSET. THE 2 FLAT APARTMENT BUILDING HAS A LOWER UNIT FEATURING 3 BEDROOMS AND 1 BATHROOM, AND AN UPPER UNIT WITH 2 BEDROOMS AND ONE BATHROOM. BOTH UNITS HAVE IN UNIT LAUNDRY AND A BALCONY FOR OUTSIDE SITTING. THERE IS A LARGE 3 CAR GARAGE (ALL 3 GARAGES RENTED SEPARATELY) AND A 1600 SQ FT STORAGE GARAGE. GARAGES AND STORAGE UNIT RENTAL AMOUNT $8400 A YEAR. TOTAL FOR ALL UNITS RENTED $41,400.00 A YEAR WITH A CAP RATE OF 10.27%. FIVE SEPARATE MONTHLY RENTAL INCOMES!! ALL NEW ROOFS, NEWER HVAC SYSTEMS, NEW LANDSCAPING, LOTS OF PARKING AND MUCH MORE! LANDLORD CURRENTLY LIVES ON PREMISSES. CALL TODAY FOR ADDITIONAL INFORMATION!
Property Specifics
| Multi-unit | |
| — | |
| Farmhouse | |
| — | |
| Full | |
| — | |
| No | |
| 0.41 |
| Will | |
| — | |
| — / — | |
| — | |
| Public | |
| Public Sewer, Sewer-Storm | |
| 11110381 | |
| 1104261040040000 |
Property History
| DATE: | EVENT: | PRICE: | SOURCE: |
|---|---|---|---|
| 1 Dec, 2016 | Sold | $254,000 | MRED MLS |
| 23 Jun, 2016 | Under contract | $259,900 | MRED MLS |
| 2 Feb, 2016 | Listed for sale | $259,900 | MRED MLS |
| 2 Aug, 2021 | Sold | $365,000 | MRED MLS |
| 8 Jun, 2021 | Under contract | $359,900 | MRED MLS |
| 3 Jun, 2021 | Listed for sale | $359,900 | MRED MLS |
Room Specifics
Total Bedrooms: 8
Bedrooms Above Ground: 8
Bedrooms Below Ground: 0
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Dimensions: —
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Floor Type: —
Full Bathrooms: 4
Bathroom Amenities: —
Bathroom in Basement: —
Rooms: —
Basement Description: Unfinished
Other Specifics
| 3 | |
| Concrete Perimeter | |
| — | |
| — | |
| — | |
| 243X65X236X65 | |
| — | |
| — | |
| — | |
| — | |
| Not in DB | |
| Curbs, Sidewalks, Street Lights, Street Paved | |
| — | |
| — | |
| — |
Tax History
| Year | Property Taxes |
|---|---|
| 2016 | $5,278 |
| 2021 | $4,496 |
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Listing Provided By
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