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$475,000
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8
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557 E Division Street

Lockport, Illinois 60441
Closed / MLS #11310326 / Multiple Unit (2-4) / Lockport
Listing information updated 3/3/2022 at 8:43pm
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!

Full Features

Architecture Style:
Ranch
Exterior Type:
Brick
Basement:
Crawl
Beds Above Grade:
8
Heating System:
Natural Gas, Forced Air
Pool:
No
Age:
41-50 Years
Roof Type:
Asphalt
Parking Type:
Space/s - Unassigned
Parking Spaces:
10
Room Count:
24
Water Front:
No
Square Feet:
N/A
Lot Size:
.25-.49 Acre
Acreage:
0.32

Taxes & Assessments

Tax Amount:
$7,818
Tax Year:
2020

Location

Zip Code:
60441
City:
Lockport
County:
Will

Schools

School District(s):
90, 205
Elementary School:
Taft Grade School
Middle School:
Taft Grade School
High School:
Lockport Township High School

Listing Office: Hoff, Realtors

Listing Office Phone: 708.403.4444

Disclaimer: The data relating to real estate for sale on this website comes courtesy of Midwest Real Estate Data, LLC as distributed by MLS GRID. Real estate listings held by brokerage firms other than @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 3/3/2022 at 8:43pm. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Lockport

Lockport, IL

Lockport is a growing community that remains committed to celebrating its storied past. The city leads the way in preserving and promoting the history of the Illinois and Michigan Canal Corridor and has one of the best-preserved canal sites in existence. The canal’s original warehouses still stand...

Metra

Metra
Heritage Corridor line at Lockport Metra
$344,321
Average Sale Price
40
Average Days On The Market
99%
Sales Prices VS. List Price
Data represents the community area’s average over the past 12 months. All information deemed reliable, but not guaranteed.
Map of 557 E Division Street, Lockport, IL 60441

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557 E Division Street is a multiple unit (2-4) which sold for $475,000. 557 E Division Street features 8 Beds, 0 Baths. This multiple unit (2-4) has been listed on @properties since January 24th, 2022. Nearby schools include Taft Grade School and Lockport Township High School. The nearest transit stops include Lockport Metra Metra Heritage Corridor line.

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