105-107 E 7th Street Lockport, IL $ 295,000
105-107 E 7th Street
$ 295,000
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105-107 E 7th Street

Lockport, IL, 60441
$ 295,000
Bedrooms4 Baths3.1 Sq 1,500

Monthly Estimate*

$ 2,061

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Multi-Family Home for sale in Lockport, IL

for $295,000 with 4 bedrooms and 3 full baths, 1 half bath. This 1,500 square foot home was built on a lot size of 0.11.

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!

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Multi-Family Pending

Price

$ 295,000

Bedrooms

4

Full Bath

3

Half Bath

1

Property Type

Multi-Family

Taxes

$ 8,969

Style

Lot Size

0.11

Town/City

Lockport

County/Region

Will

MLS | Web ID

12011867

Features
General
Sewer Public Sewer
Heating Natural Gas
Possession Closing
Roof Asphalt
Township Lockport
Tax Year 2022
Percent Ownership Fee Simple
County Will
New Construction N
Property Type Residential Income Two to Four Units
Other Structures See Remarks
Total Rooms 12
Status Pending
Directions State St to 620 S State Street
High School Lockport Township High School
City Lockport
High School District 205
MLS Area Homer / Lockport
Waterfront Y/N N
Street Name 7th
Tax Annual Amount 8969
Days on Market 12
Standard Status Pending
Middle/Junior School District 91
Elementary School District 91
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Interior
Basement Full Unfinished
Street Suffix Street
Total Bedrooms 4
Total Baths 3
Bedrooms Possible 4
Full Baths Building 2
Half Baths Building 1
Total Number of Units 3
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Exterior
Parking Features Additional Parking
Water Source Public
Total Parking 6
Foundation Details Concrete Perimeter
Lot Dimensions 4975
Lot Size Acres 0.11
Exterior Frame
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* Excluded Features
List By
Dei Realty Llc

Broker

oscar@deichicago.com

Email

Affordability Calculator

$2,808
Per Month
73%
27%
0%
Monthly Principal & Interest
$2,061
Monthly Property Taxes
$747
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
566481 Elementary School
565127 Middle School
Lockport Township High School High School
Pricing History
DatePricePrice ChangeDescription
3/23/2024$295,000 Listed Price

Map


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105-107 E 7th Street, Lockport, IL, 60441 is a Multi-Family Home for sale at $295,000 with 1,500 sqft and a lot size of 0.11. 105-107 E 7th Street has 4 bedrooms and 3.1 baths. The property's zip code is 60441 which is in Lockport, IL