425 E 9th Street Lockport, IL 60441 • Multi Unit - Multiple • New

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  • 425 E 9th Street, Lockport, IL 60441 Main Photo

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Description

Fantastic two-unit property in a very convenient location offering immediate income potential for an investor OR owner occupy one unit and offset expenses with rental income! Detached FOUR CAR GARAGE - with four private 1-car garages! Additional parking for at least 4 cars in the back also. THREE BEDROOMS / 1 bath in first floor unit. One bedroom + office / 1 bath in the second floor unit. Separate entrances to each unit. NEW AIR CONDITIONER & FURNACE (September 2026) for main floor unit. Within the last 5 years ~$50,000 in upgrades: new roof (2024), air conditioner and furnace for second floor unit, updated flooring and paint in both units, basement sealed, updated driveway, etc. First-floor unit is tenant-occupied currently, providing established rental income; the second-floor unit is ready for owner occupancy or a new tenant. Updated electric, drywall, bath vanities, appliances and more! Tenants pay electric. Just a short stroll to downtown Lockport restaurants, popular coffee shops, etc., train, the Lockport Township High School Freshman Center & more! Milne-Kelvin Grove School District! Minutes to expressways. Ideal opportunity & value - schedule your showing today!

Property Highlights

Property Type: Multi Unit - Multiple

General Information

Bedrooms: 4
Bathrooms: 2
County: Will
High School: Lockport Township High School
Listed By:
Coldwell Banker Realty 630-369-9000
MRED MLS
$369,900
Est. $2,567/mo
4beds
2baths
4cars
New to the Market New
BEDS4 BATHS2 full MLS#12774830
STATUSNew PROPERTY TYPEMulti Unit - Multiple SCHOOLDistrict 205

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425 E 9th Street, Lockport, IL 60441.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $369,900$369,900$369,900
Down Payment $73,980$12,947$92,475
Monthly Mortgage Amount $1,944$2,386$2,379
Taxes $515$515$515
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$163$0
Monthly Estimated Total $2,567$3,172$3,002

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