131 E 9th Street , Lockport, IL 60441
Lockport, IL 60441
Description
Classic brick office building featuring art deco design elements in Historic Downtown Lockport. Busy corner location ideal for retail, benefiting from the Downtown Streetscape Plan with brick walkways, decorative planter, shade tree, shrubs and perennials along with the redone free municipal parking lot. Currently three units with separate mailing addresses and entrances, but could be converted to one or two units. All three units are occupied and leased below market rate, which is approx 16 SF/Y. Two units are leased to long-standing office tenants. Barrel roof construction (non-load bearing walls) allows for flexible, cost-effective reconfiguring of the units. No basement, insulated and accessible full-span attic. Many recent improvements including LED lighting throughout, comprehensive fire alarm system (2017), awnings, 3 furnaces, 2 A/C units, flooring and 2 bathroom remodels make this a desirable turnkey property. Be a part of the retail resurgence in beautiful Downtown Lockport.
Details
| MLS# | 12171980 |
|---|---|
| Listing Type | For Sale |
| Style | Retail |
| Sub-Type | Resale |
| Status | Active Under Contract |
| Year | 1930 |
| Days On Site | 111 |
| Listing Provided By | Cihla Realty LLC | David Cihla |
Features
| SQ Feet | 3,750 |
|---|---|
| Story(s) | 1 |
| Units | 3 |
| Zoning | COMMR |
Market Activity 60441
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Learn More About This Property
| State | IL |
|---|---|
| County | Will |
| City | Lockport |
| Zip Code | 60441 |
| Area | Homer | Lockport |
| Listing VS Median (in 60441) | |
Price: $440,000 low | high Med: $376,490 SqFt: 3,750 low | high Med: 1,840 $ / SqFt: $117 low | high Med: $205 On Site: 111 low | high Med: 130.000000 | |