1316 Argo Lane Lockport, IL 60441 • Multi Unit - Multiple • Contingent

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Description

ATTENTION INVESTORS! OUTSTANDING INCOME-PRODUCING OPPORTUNITY! This beautifully maintained and nicely updated four-unit building offers an exceptional opportunity to add a turnkey investment property to your portfolio! FULLY RENTED WITH IMPRESSIVE RENTAL INCOME and a strong history of long-term tenants, this property is an investor's dream! All four units have been thoughtfully updated and feature attractive kitchens with maple cabinetry and a full complement of appliances, beautifully appointed bathrooms with tile finishes, and the highly desirable convenience of IN-UNIT WASHERS AND DRYERS! Each unit is separately metered for gas and electric, providing added convenience and efficiency for property ownership. Plenty of off street parking. Pride of ownership shines throughout this well-cared-for building, offering an appealing combination of modern updates, established tenants, and excellent income potential. Whether you're a seasoned investor looking to expand your portfolio or seeking your first multi-unit investment, this is a fantastic opportunity to own a fully occupied, income-generating property! A RARE OPPORTUNITY TO ENJOY IMMEDIATE RENTAL INCOME FROM DAY ONE! Roof 12 years.

Property Highlights

Property Type: Multi Unit - Multiple

General Information

Bedrooms: 8
Bathrooms: 4
County: Will
High School: Lockport Township High School
Listed By:
Wirtz Real Estate Group Inc. 708-516-3050
MRED MLS
$699,900
Est. $4,856/mo
8beds
4baths
Contingent
BEDS8 BATHS4 full MLS#12785781
STATUSContingent PROPERTY TYPEMulti Unit - Multiple SCHOOLDistrict 205

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1316 Argo Lane, Lockport, IL 60441.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $699,900$699,900$699,900
Down Payment $139,980$24,497$174,975
Monthly Mortgage Amount $3,678$4,515$4,501
Taxes $974$974$974
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$308$0
Monthly Estimated Total $4,856$6,001$5,679

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