557 E Division St., Lockport, IL 60441

557 E Division St., Lockport, IL 60441
Photo 1 of 37
$475,000
Sold on 3/03/22
Beds Baths Sq. Ft. Taxes Built
8 0.00 0 $7,818.76
On the market: 38 days
View full details, 15 photos, school info, and price history
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. CONVENTIONAL OR CASH BUYERS ONLY, THANK YOU!
Listing courtesy of Hoff, Realtors