$420,000
$425,000
1.2%For more information regarding the value of a property, please contact us for a free consultation.
1302 S State ST Lockport, IL 60441
5 Beds
Key Details
Sold Price $420,000
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 12039289
Sold Date 07/02/24
Bedrooms 5
Annual Tax Amount $7,173
Tax Year 2022
Lot Dimensions 102X79
Property Description
The perfect investment! The option to have 3 tenants or to live on the main floor with two additional rentable units contributing to your mortgage! The main floor unit is 3 Bed/1 Bath that is being renovated and will be completed June 1st. There are 2 upstairs units (1 Bed/1 Bath x2). Updates Include: New Siding, Newer Windows, Newer Roof, Newer Electrical, New Driveway, New water service from main-able to support 3 units and laundry, new washer and dryers 3x), storage cages in basement, all utilities separated by units, 2nd Floor Units have their own mini split systems, Electric baseboard heating (Second Floor Units), Central Air/Furnace for main, etc. Unit 1: 3 Bed/1 Bath (Main Floor) with 2 Car Garage Unit 2: 1 Bed/1 Bath (2nd Floor) Unit 3: 1 Bed/1 Bath (2nd Floor). 2nd Floor Units are currently MTM and will be increasing to $1,200 in June. Unit is downtown Lockport!
Location
State IL
County Will
Area Homer / Lockport
Zoning MULTI
Rooms
Basement Full
Interior
Heating Electric, Baseboard
Equipment CO Detectors, Ceiling Fan(s)
Fireplace N
Exterior
Parking Features Detached
Garage Spaces 2.0
Roof Type Asphalt
Building
Lot Description Corner Lot
Sewer Public Sewer
Water Public
New Construction false
Schools
Elementary Schools Milne Grove Elementary School
Middle Schools Kelvin Grove Elementary School
High Schools Lockport Township High School
School District 91 , 91, 205
Others
Ownership Fee Simple
Special Listing Condition None
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
© 2024 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Bought with Robert Grilli • Jameson Sotheby's Intl Realty