557 E Division Street, Lockport, IL 60441 (MLS # 11310326)

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PRICE $475,000 dsIDX morgage calculator
BEDS 8
BATHS 4
HOME SIZE n/a
LOT SIZE 13,940 sqft

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!

DAYS ON MARKET 38 LAST UPDATED 3/3/2022
YEAR BUILT 0 COMMUNITY Homer / Lockport
COUNTY Will STATUS Sold
PROPERTY TYPE(S) Multi Family

SCHOOLS
School District Lockport Township High School
Elementary School Taft Grade School
Jr. High School Taft Grade School
High School Lockport Township High School


ADDITIONAL DETAILS
AREA Homer / Lockport
BASEMENT Crawl Space, None
CONSTRUCTION Brick
HEAT Forced Air, Natural Gas
LOT 0.32 acre(s)
LOT DESCRIPTION Irregular Lot
LOT DIMENSIONS 66 X 152 X 132 X 50 X 66 X 101
PARKING Unassigned
SEWER Public Sewer
STYLE Ranch
TAXES 7818.76
WATER Public
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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CONTACT US ABOUT 557 E DIVISION STREET
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Listed with Hoff, Realtors
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