Lockport, IL 60441,940 N STATE ST

$575,000

$625,000

8.0%
Est.Price: ?

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Est. payment /mo

6,250 SqFt


SOLD DATE : 05/03/2023

Key Details

Sold Price $575,000

Property Type Commercial

Sub Type Office/Tech

Listing Status Sold

Purchase Type For Sale

Square Footage 6,250 sqft

Price per Sqft $92

MLS Listing ID 11718066

Sold Date 05/03/23

Year Built 1975

Annual Tax Amount $8,022

Tax Year 2021

Lot Dimensions 53.69X200

Property Sub-Type Office/Tech

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.

Location

State IL

County Will

Area Homer / Lockport

Zoning COMMR

Interior

Cooling Central Air

Fireplace N

Exterior

Utilities Available Electric to Site, Gas to Site, Sanitary Sewer, Well-Shared

Building

Level or Stories 1

Structure Type Block

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Midwest Real Estate Data (MRED) IDX
Listed by Susan Dufault • Coldwell Banker Real Estate Group
Bought with Jonathan Darin • Coldwell Banker Real Estate Group
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