1316 Argo Lane, Lockport, IL 60441

$699,900
  • 1316 Argo Lane, Lockport, IL 60441 Main Photo

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New to the Market Contingent
BEDS8 BATHS4 full MLS#12785781
STATUSContingent PROPERTY TYPEMulti Unit - Multiple SCHOOLDistrict 205

Property 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.

1316 Argo Lane | MLS# 12785781

This multi-family property located at 1316 Argo Lane, Lockport, IL 60441 is currently listed for sale with an asking price of $699,900. Argo Lane is located within the District 205 school district. Search Lockport real estate on www.gogambino.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: None
Heating: Gas, Forced Air, Indv Controls
Lot Size: 0.17 Acres
Roof Type: Asphalt
Taxes: $6,532

Feature Descriptions

Exterior: Brick, Concrete
Lot Dimensions: 68X110
Parcel#: 1104134100090000
Parking: Off Street, Side Apron, Parking Lot, Yes, Owned
Sewer: Public Sewer
Total Rooms: 16
Township: Lockport
Water: Public

Local Schools

High School: Lockport Township High School
Middle School: Oak Prairie Junior High School
Elementary School: Walsh Elementary School
School District: District 205

Listed By / Shown By

Listed By

Agency Name: Wirtz Real Estate Group Inc.
Agency Phone: 708-516-3050

Shown By

Agency Title: Gambino Realtors
Agency Phone: 815-282-2222

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Estimated Payment

$ 3,927.64 per month $3,179.16 Principal & Interest $544.33 Property Tax $204.14 Homeowner's Insurance

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