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940 N State Street

Lockport, IL 60441
  • $625,000
  • STATUS: Active Under Contract
  • ON SITE: 36 Days
  • MLS #: 11718066
Under Contract
UPDATED: 52 min ago
$625,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Homer / Lockport
Type:
Commercial
Built:
1975
County:
Will
Area:
Homer / Lockport

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Description

LARGE 6250 SQ FT BUILDING FOR SALE ON THE NORTH END OF LOCKPORT. PROPERTY HAS 2 REST ROOMS, A 16' DRIVE IN DOOR AND AN ADDITIONAL 10' DRIVE IN DOOR. 200 AMP CIRCUIT BREAKERS, SECURITY SYSTEM AND FIRE ALARM MONITORED. CURRENT TENANT IN PLACE PAYS $5000 A MONTH RENT AND IS LEASED UNTIL THE END OF THE YEAR. SHE HAS A 5 YEAR ADDITIONAL OPTION BEGINING 1/1/24 WHICH IS SIGNED AND THE LEASE IS FOR $6,000 PER MONTH . 21 DEDICATED PARKING SPACES FOR THIS BUILDING.

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© 2023 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Leila Keene | Baird & Warner. Based on information submitted to the MRED as of 2023-03-22T22:58:15.257 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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940 N State Street Lockport, IL 60441

  • Price: $625,000
  • Status: Active Under Contract
  • On Site: 36 Days
  • Updated: 52 min ago
  • MLS #: 11718066
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1975
Built
Neighborhood:
Homer / Lockport
County:
Will
Area:
Homer / Lockport
Property Description
LARGE 6250 SQ FT BUILDING FOR SALE ON THE NORTH END OF LOCKPORT. PROPERTY HAS 2 REST ROOMS, A 16' DRIVE IN DOOR AND AN ADDITIONAL 10' DRIVE IN DOOR. 200 AMP CIRCUIT BREAKERS, SECURITY SYSTEM AND FIRE ALARM MONITORED. CURRENT TENANT IN PLACE PAYS $5000 A MONTH RENT AND IS LEASED UNTIL THE END OF THE YEAR. SHE HAS A 5 YEAR ADDITIONAL OPTION BEGINING 1/1/24 WHICH IS SIGNED AND THE LEASE IS FOR $6,000 PER MONTH . 21 DEDICATED PARKING SPACES FOR THIS BUILDING.
Exterior Features

Exterior Building Type Block Frontage Type State Road Outdoor Parking 19-30 Spaces Parking Total 21

Interior Features

Cooling Central Air Heat Ventilation Ceiling UnitsForced AirGas Number Of TLDocks 0

Property Features

Additional Parcels YN No Approximate Age 36-50 Years Building Area Total 6250 Built Before1978 YN Yes Contingency Attorney/Inspection Continue To Show No - Has Seller Written Direction Current Use Commercial Electric Circuit BreakersService - 101 To 200 Amps Fire Protection Alarm Monitored Geographic Locale Southwest Suburban Gross Income 5000 Gross Scheduled Income 60000 Leasable Area 0 Location Mixed Use Area Mls Actual Status Contingent Net Operating Income 60000 Operating Expense 8022 Ownership Types Corporation Property Offered For Sale Only Property Sub Type Other Tax Annual Amount 8022.18 Tax Year 2021 Tenant Pays Air ConditioningElectricityHeatJanitorial ServiceScavengerSewer Total Monthly Income 5000 Township Lockport Type Office/Tech Utilities Electric To SiteGas To SiteSanitary SewerWell-Shared Zoning Commr

Listing information © 2023 Midwest Real Estate Data LLC.
Listing provided courtesy of Coldwell Banker Real Estate Group: 815-838-7030.


© 2023 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Leila Keene | Baird & Warner. Based on information submitted to the MRED as of 2023-03-22T22:58:15.257 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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