809 S State ST Sold

Lockport,IL 60441

$ 850000

$ 910000 6.6%

- Bed

0 Bath

4408 SqFt


Key Details

Sold Price $850,000

Property Type Multi-Family

Sub Type Multi Family 5+

Listing Status Sold

Purchase Type For Sale

Square Footage 4,408 sqft

Price per Sqft $192

MLS Listing ID 12369314

Year Built 1915

Annual Tax Amount $7,119

Tax Year 2023

Lot Size 6,969 Sqft

Property Sub-Type Multi Family 5+

Property Description

Turn-key mixed use property in booming downtown Lockport available now. Currently 8 apartments and long-term commercial tenant with potential to add garden unit, laundry, and storage. Walking distance to train, parks, trails, restaurants and night-life, this property never has a vacancy long. Some units have been fully updated while others have been occupied by same tenants for years. Barber shop has long term lease with annual rent increases in place.

Location

State IL

County Will

Area Homer / Lockport

Zoning MULTI

Interior

Cooling Window Unit(s)

Building

Structure Type Brick,Stone,Wood,Combination

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