1322 E 9th St - Apartments FOR SALE


Lockport, IL 60441
$999,000 USD
815-483-0361
1322 E 9th St, Lockport, IL for Sale
$999,000 USD
Apartments - FOR SALE
1/18
null | 6% Cap Rate

1322 E 9th St
Lockport, IL 60441


HIGHLIGHTS

  • Location

OVERVIEW

Well maintained 3 story apartment building. The 2nd floor units are 2bed/2bath about 1200 SF. Building units are partially renovated since renovations were done in between Move out/Move in new tenants. Owner lives in one of the first floor units which are 1 bedrroom,1 bath and can be rented for $1200 prior to sale. First floor also has storage closets per unit and laundry room. This building has a lot of updates in the last 10 years. New windows Roof 2017 Interior updates, Boiler, Heat system flushed and updated, Laundry facility updated, And Units Remodeled. Lockport fire department checks building each year and all lighting, exits, sprinklers checked 2 months ago. Call with any Questions to Maria or Beata 815-483-0361

FOR SALE DETAILS

PRICE

$999,000 USD

PRICE/SF

$167 USD /SF

# OF UNITS

6

PRICE/UNIT

$166,500

CAP RATE

6%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Apartment Building

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1990

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.22 AC

LAND SF

9,386 SF

ZONING

R

APN/PARCEL ID

11-04-13-410-026

ASK ABOUT THIS PROPERTY

Beata KesslerBeata KesslerMore Info
815-483-0361

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Beata KesslerBeata KesslerMore Info
815-483-0361

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.