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$1,380,000

919 State Street
Lemont, Illinois 60439

Closed / MLS #11665066 / Multiple Family / Lemont
Listing information updated 12/16/2022 at 9:43am
Excellent value add investment opportunity in a strong location. Large units are well below market rents for the area. This asset is positioned to produce an extraordinary return on investment with strong management, updates and upgrades and bringing the rents up to market. This 15 unit apartment building is 100% occupied and is in near proximity to the Lemont business district with excellent amenities. The property is also minutes to major highways and a short commute to the City. Long term owners are ready to retire.
Exterior Type:
Brick
Water Front:
No
Square Feet:
N/A
Built:
1973
Parking Spaces:
30
Stories:
2
Current Use:
Multi-Family
Zoning:
MULTI
Current Net Income:
$90,887
Unit 1:
40 room(s) / 1 bed(s) / 1 bath(s)
Unit 2:
24 room(s) / 1 bed(s) / 1 bath(s)
Unit 3:
3 room(s) / 0 bed(s) / 1 bath(s)
Tax Amount:
$33,573
Tax Year:
2020
Zip Code:
60439
City:
Lemont
County:
Cook

Listing Office: Coldwell Banker Realty

Listing Office Phone: 708.460.4900

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 12/16/2022 at 9:43am. 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. Some listings have been excluded from this website.

Lemont

Lemont, IL

There is always a cause for celebration in Lemont. Throughout the year the community hosts several seasonal events, from Heritage Fest in the summer to Lemonster Days in the fall. Dating back to the 1800s, Lemont has evolved into a vibrant community that overlooks the beautiful Des Plaines River. Th...

Metra

Metra
Heritage Corridor line at Lemont Metra
$600,046
Average Sale Price
61
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 919 State Street, Lemont, IL 60439
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919 State Street, Lemont, IL 60439 is a multiple family which sold for $1,380,000. This multiple family has been listed on @properties Christie's International Real Estate since November 1st, 2022 and was built in 1973. The nearest transit stops include Lemont Metra Metra Heritage Corridor line.

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