557 Division Street, Lockport, Illinois 60441
$475,000
|
Sold
|
|
| Status: | Closed |
| Sqft: | 0 |
| Cost/Sqft: | — |
| Beds: | 8 |
| Baths: | 0 |
| Year Built: | — |
| Property Taxes: | $7,819 |
| Days On Market: | 1468 |
| Lot Size: | 0,32 |
Description
A CASHFLOW KING! SIT BACK AND COLLECT YOUR MONTHLY RENTS WHILE YOU JUST PAY LOW TAXES ($7818) AND INSURANCE! NO COMMON AREA MAINTENANCE OR UTILITIES. ALL UNITS PAY WATER, ELECTRIC, GAS, & GARBAGE EXPENSES. 2 BUILDINGS ON 1 PIN TO MAKE UP A 4 UNIT. NEW OWNERS DID A PHENOMENAL CLEAN UP & REMODEL JOB ON THE PROPERTY TO INCREASE THE RENTS FROM $3200 TO $4950 PER MONTH AND THERE'S STILL ROOM TO GROW! PROFESSIONALLY REMODELED UNIT BRINGS IN $1400/MONTH SO THERES ROOM TO GROW ON OTHER 3 UNITS! CHECK OUT THE NEW KITCHEN LAYOUT ON THE REMODELED UNIT THAT GIVES MORE COUNTER SPACE AND ADDS A DISHWASHER! VERY SPACIOUS UNITS! CENTRAL AIR IN ALL UNITS! LAUNDRY HOOK UP & HARDWOOD FLOORS IN ALL UNITS! 2 FURNACES & C/A UNIT (2019), 1 FURNACE (2020), 2 HWH'S (2020). UPGRADED 100 AMP PANELS! BOTH ROOFS REPLACED IN 2013. WINDOWS REPLACED IN 2005. TRULY MAINTENANCE FREE EXTERIOR WITH BRICK BUILDINGS & ALUMINUM SOFFITS/FASCIA/GUTTERS! COME SEE WHAT A LANDLORD'S DREAM LOOKS LIKE! VACANT UNIT NEEDS TO BE REMODELED & WILL RENT FOR AT LEAST $1400 WHEN REMODELED. CONVENTIONAL OR CASH BUYERS ONLY, THANK YOU!
Property Specifics
| Multi-unit | |
| — | |
| Ranch | |
| — | |
| None | |
| — | |
| No | |
| 0.32 |
| Will | |
| — | |
| — / — | |
| — | |
| Public | |
| Public Sewer | |
| 11310326 | |
| 1104262020160000 |
Nearby Schools
| NAME: | DISTRICT: | DISTANCE: | |
|---|---|---|---|
|
Grade School
Taft Grade School |
90 | — | |
|
Middle School
Taft Grade School |
90 | Not in DB | |
|
High School
Lockport Township High School |
205 | Not in DB | |
Property History
| DATE: | EVENT: | PRICE: | SOURCE: |
|---|---|---|---|
| 3 Mar, 2022 | Sold | $475,000 | MRED MLS |
| 26 Jan, 2022 | Under contract | $475,000 | MRED MLS |
| 24 Jan, 2022 | Listed for sale | $475,000 | 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: —
Floor Type: —
Dimensions: —
Floor Type: —
Full Bathrooms: 4
Bathroom Amenities: —
Bathroom in Basement: 0
Rooms: —
Basement Description: Crawl
Other Specifics
| — | |
| Block | |
| — | |
| — | |
| Irregular Lot | |
| 66 X 152 X 132 X 50 X 66 X | |
| — | |
| — | |
| — | |
| — | |
| Not in DB | |
| Curbs, Sidewalks, Street Lights, Street Paved | |
| — | |
| — | |
| — |
Tax History
| Year | Property Taxes |
|---|---|
| 2022 | $7,819 |
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Listing Provided By
Hoff, Realtors
