Corcoran Urban Real Estate
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3 Properties Within 0.5 miles of: 557 E Division, Lockport

557 E Division
Lockport, IL 60441

  • 8 Beds
Price

$499,000

Est Payment
$3,275 / month (details)  
Taxes
$7,819  
Beds
8  
Rooms
24  
Type
Two to Four Units  
Sq. Ft.
n/a  
Lot Size
66 X 152 X 132 X 50 X 66 X 101  
Neighborhood
Homer / Lockport  
MLS
#11064963
Status
Cancelled

Property Description

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.

Property Map

Property Details

Utilities

  • Heating Natural Gas, Forced Air
  • Cooling
  • Water Public
  • Sewer Public Sewer

Additional Information

Parking
10 Parking Spaces, Unassigned, Owned, Parking included in price
Schools
Lockport Township High School (205), Taft Grade School (90), Taft Grade School (90)

Payment Calculator

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Principal & Interest
$0
Property Tax
$0
Assessments
$0
Home Insurance
$0
Mortgage Insurance
$0

Listing History

04-24-2021 Listed at $499,000
05-07-2021 Status changed to Under Contract
09-10-2021 Status changed to Active
12-03-2021 Status changed to Under Contract
01-19-2022 Status changed to Cancelled
Last Modified 1/19/22 10:37 AM

Nearby Transportation

  • Heritage Corridor 0.5 mi
  • Hwy 355 South 2.3 mi
  • Hwy 355 North 2.4 mi
  • I 80 West 4.7 mi
  • I 80 East 4.9 mi
grid
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