For Sale
$2,000,000
1016 State St Lockport, IL 60441
Luxury Apartments, Prime Location, High Yield
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 133
Highlights
- Four high-end residential units with contemporary finishes.
- Versatile storefront/office space with high visibility.
- Fully leased, providing immediate cash flow.
- Prime Lockport, IL location near the train station, major highways, and Lewis University.
- Turnkey asset offering strong potential for long-term value and growth; $2,000,000 asking price, 6.00% cap rate, $400,000 per unit.
Property Details for 1016 State St
- Property type
- Apartment buildings
- Class
- A
- Units
- 5
Location Insight
- City
- Lockport
- County
- Will
- State
- Illinois
- Latitude
- 41.5881052
- Longitude
- -88.0578744
Nearby Similar for Sale
FAQs
- What type of property is this?
- Apartment building - Luxury Apartments, Prime Location, High Yield
- Where is the apartment building located?
- The property is located at 1016 State St Lockport, IL.
- What is the asking price?
- The asking price for this property is $2,000,000.
- What are key features of this property?
- This property features: Four high-end residential units with contemporary finishes.; Versatile storefront/office space with high visibility.; Fully leased, providing immediate cash flow.
- How can I contact the broker?
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
- How do I access a private listing?
- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
- How do I unsubscribe from emails?
- At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
