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  • $280,000

    105-107 E 7th St, Lockport, IL 60441

    4beds
    --sqft
    Multi Family
    Built in ----
    -- sqft lot
    $295,000 Zestimate®
    $--/sqft
    $2,810 Estimated rent

    Owner options

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    $2,810/mo

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    $2,810/mo

    Rent Zestimate®

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    $1,970/mo

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    $1,970/mo

    Est. payment

    What's special

    Attention savvy investors! This exceptional property presents a golden opportunity for maximizing your investment potential. Featuring a 2-unit residential building with a separate detached office space, this gem offers versatility and endless possibilities. Each residential unit boasts 2 bedrooms and 1 bathroom, while the office space is equipped with a convenient half bathroom. With a lot size of 4975 sqft and 6 parking spaces spread across 2 parking lots, convenience is key. Plus, each unit comes complete with its own water heater and furnace, ensuring comfort and autonomy for tenants. The upstairs unit has been recently refinished, adding a touch of modernity and appeal. With approximately 1600 sqft of livable space in the residential building, complemented by a 750 sqft basement and a 200 sqft office space, there's ample room for creativity and expansion. Additionally, note that the residential space currently has 2 tenants paying below market rent, but the property can be delivered vacant, offering potential for higher returns. With residential rentals in the area reaching up to $2000, the potential for lucrative returns is undeniable. Don't miss out on this rare opportunity to own a piece of prime real estate - seize the moment and make your mark on this investment today!

    Zillow last checked: 8 hours ago

    Listing updated: June 12, 2024 at 03:31pm

    Listing courtesy of:

    Oscar Darden Jr 312-815-2751,

    DEI Realty LLC

    Bought with:

    Amalia Guzman

    Realty of Chicago LLC

    Source: MRED as distributed by MLS GRID,MLS#: 12011867MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    Heating
    • Natural Gas
    Features
    • Basement: Unfinished,Full

    Property

    Parking
    • Total spaces: 6
    • Parking features: Additional Parking, On Site, Owned
    Lot
    • Size: 4,791 sqft
    Details
    • Additional structures: See Remarks
    • Parcel number: 1104231510010000
    • Special conditions: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Foundation: Concrete Perimeter
    • Roof: Asphalt
    Condition
    • New construction: No

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Lockport

    Other

    Other facts
    • Listing terms: Other
    • Ownership: Fee Simple
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    $295,000
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