Golf Course
Address
822-830 S Lincoln Street, Lockport, IL
Price
$ 775,000
Property Attributes
  • MLS#12013126
  • TypeContingent
  • CountyWILL
  • CityLockport
  • AreaHomer - Lockport
  • Zip60441
  • StyleMulti-Family
  • Year Built1970
  • Taxes$ 12535
  • Price$ 775,000
  • Bedrooms2
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage4500
  • Lot Size12,632 SqFt
Data Source:
Midwest Real Estate Data (MRED)
Property Description

Attention Investors. Extremely well maintained 5 unit building the heart of Lockport, Each unit consist of 900 sq. ft. 2 bedroom 1.5 bath. Upgraded in 2009 window, roof, siding, gutters, electrical panel & service, kitchens, & bathrooms. 20 x 40 garage used as a storage unit for each tenant. Side walks, curbs & street redone 2018. Lockport school district, walking distant to Historical Downtown Lockport, restaurants, shopping, golfing, train station & expressways near by. Each town home unit has its own P.I.N. Property to be sold as a 5 unit parcel. Great investment.

Price History
3/25/2024 Listed $775,000

General Features

Cooling Central Air
Possession Closing
Roof Composition
Zoning MULTI
Construction Materials Brick
Year Built 1970
Electric Circuit Breakers,Service - 0 to 100 Amps
Tenant Pays Air Conditioning,Electricity,Heat
Stories 2
Township Lockport
Tax Year 2021
Current Use Multi-Family
Gross Income 58440
County Will
Net Operating Income 51779
Operating Expense 6661
Insurance Expense 2401
Property Type Commercial Sale
Contingency Financing
Possible Use Condominium,Multi-Family
Status Contingent
Directions 9th Street or 159th Street to Lincoln Street North to property
City Lockport
Total Units 5
MLS Area Homer / Lockport
Lot Size Square Feet 12844
Street Name Lincoln
Tax Annual Amount 12535
Electric Expense 228
Trash Expense 1632
Water Sewer Expense 2400
Additional Parcels Y/N Yes
Days on Market 26
Standard Status Active Under Contract
Property Type Multi Family 5+

Interior Features

Street Suffix Street

Exterior Features

Foundation Details Concrete Perimeter
Building Area Total 4500
Lot Dimensions 105 X 123 X 106 X 121
Lot Size Acres 0.29
Frontage Type City Street
Exterior Vinyl Siding,Limestone

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Contingent Average in 60441

Price
AVG $500K
$780K
Taxes
AVG $6,124
$12,535
Visits
AVG 167
45
Data Provided by Inside Real Estate®
Year Built
AVG 1999
1970

Areas We Cover