557 East Division Street, Lockport, Will County, IL 60441

For Sale

Listed by Reid Specht with Hoff, Realtors
$499,000 USD
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  • 8 Beds
  • 0.32 ac Lot Size
  • MultiFamily
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Property Summary for 557 East Division Street

Type
MultiFamily
Sub-Type
Quadruplex
Lot Size
0.32 Ac
MLS Number
11064963
Parcel Number
1104262020160000
Parking info
10, Parking
Taxes
7,506.14 USD (2019)
Zip
60441
School District
Lockport Township High School District 205
Schools Information
Rooms Information

Description for 557 East Division Street

A CASHFLOW KING! SIT BACK AND COLLECT YOUR MONTHLY RENTS ACCUMULATING TO $4950 WHILE YOU JUST PAY LOW TAXES ($7506) 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 MAINTENENCE FREE EXTERIOR WITH BRICK BUILDINGS AND ALUMINUM SOFFITS/FASCIA/GUTTERS! COME SEE WHAT A LANDLORD'S DREAM LOOKS LIKE!
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Features for 557 East Division Street

Building Features
  • Architecture Style: Ranch
Appliances
  • Dishwasher
  • Dryer
  • Refrigerator
  • Washer
Heating
  • Heating Fuels: Natural Gas
  • Heating Systems: Forced Air
Interior Features
  • Basement
Roof
  • Asphalt
Exterior Finish
  • Brick
Listing provided by Hoff, Realtors
Copyright © 2021 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Listed by:

Reid Specht

Hoff, Realtors

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