201 W 10th St - Warehouse FOR SALE
Lockport, IL 60441 |
$3,000,000 USD
262-844-5111
201 W 10th St
Lockport, IL 60441
HIGHLIGHTS
- Recently renovated mixed-use asset with $7M in capital improvements, including new roofing and HVAC in 2025.
- Award-winning historic building recognized for architectural integrity and preservation.
- Fully renovated Class A apartments with modern finishes and updated amenities.
- Stable investment with long-term durability and limited deferred maintenance.
- Strategic Lockport location near major transportation corridors and employment hubs.
- Pro forma NOI of $238,412 and 4.90% cap rate on a $3,000,000 list price.
FOR SALE DETAILS
PRICE
$3,000,000 USD
PRICE/SF
$83 USD /SF
CAP RATE
4.9%
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Norton
PROPERTY TYPE
Industrial
PROPERTY SUBTYPE
Warehouse
TOTAL BUILDING SIZE
-
STORIES
4
YEAR BUILT
1890
UTILITIES
-
CLEAR CEILING HT
-
DOCKS
-
DRIVE INS
1
PARKING SPACES
120
LAND DETAILS
LAND ACRES
1.37
LAND SF
59,549
ZONING
-
APN/PARCEL ID
11-04-23-311-001
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262-844-5111
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262-844-5111
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