NOT LISTED FOR SALE

1129 S State St Lockport, IL 60441

Lockport Area

Estimated Value: $342,333

4 Beds
3 Baths
-- Sq Ft
5,663 Sq Ft Lot

Sale Details

Date Sold: June 20, 2018

Last sale price $190,000

Est. 80% increase in value since last sale

Current estimated payment $2,536 / mo

31 Days on Market

Highlights

  • 2.5 Car Detached Garage
  • Ceiling Fan
  • Paved or Partially Paved Lot
  • Porch
  • Heating System Uses Steam
  • Heated Garage

About This Home

As of June 2018

Affordable investment property! 3-unit building located in downtown Lockport. Main level unit has spacious living room, 2 bedrooms and kitchen with eating area. Two 2nd floor 1-bedroom units have private entrance and kitchen appliances. Neutral carpeting throughout. Laundry on-site. Ample basement storage (with vintage ax-cut timbers!). Detached garage, with covered porch, is drywalled and heated. Walk to historic downtown shops and dining. Easily rentable. Move in and/or rent and collect your income! Don't miss this terrific opportunity!

Last Agent to Sell the Property

Jeff Ristine

Keller Williams Infinity License #471011107 Listed on: 03/20/2018

Keller Williams Infinity

Last Buyer's Agent

Chris Knollin

Realty Executives Elite License #471019537

Realty Executives Elite
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,117

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 64 x 92
  • Paved or Partially Paved Lot

Parking

  • 2.5 Car Detached Garage
  • Heated Garage
  • Driveway
  • Parking Included in Price
  • Unassigned Parking

Home Design

  • Asphalt Roof
  • Aluminum Siding

Interior Spaces

  • Ceiling Fan
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 3 Bathrooms

Outdoor Features

  • Porch

Schools

  • Kelvin Grove Elementary School
  • Lockport Township High School

Utilities

  • Radiator
  • Heating System Uses Steam

Community Details

  • 3 Units
  • Gross Income $2,450

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,117

Lot Details

5,663 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Age: Unknown
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Other Equipment: Ceiling Fan(s)
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • ExteriorFeatures: Porch
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding

Garage/Parking

  • Garage Spaces: 2.5
  • Parking Features: Unassigned, Driveway
  • ParkingTotal: 4.5
  • Garage Details: Heated
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Steam, Radiator(s)
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights, Street Paved

Schools

  • Elementary School: KELVIN GROVE ELEMENTARY SCHOOL
  • High School: LOCKPORT TOWNSHIP HIGH SCHOOL
  • Middle/Junior School: KELVIN GROVE ELEMENTARY SCHOOL

Lot Info

  • Lot Size Acres: 0.13
  • Lot Dimensions: 64 X 92
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Multi Family

  • GrossIncome: 2450
  • Units in Building: 3
  • Three Bedroom Number of Units: No
  • Type-Multi: 3 Flat

Tax Info

  • Tax Annual Amount: 4116.78
  • Tax Year: 2016

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 1, 2019
Sold by
Bought by
Current Estimated Value
$342,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$926,250
Interest Rate
3.5%
Mortgage Type
Commercial

Purchase Details

Listed on
Mar 20, 2018
Closed on
Jun 1, 2018
Sold by
Bought by
Seller's Agent
Jeff Ristine
Keller Williams Infinity
Buyer's Agent
Chris Knollin
Realty Executives Elite
List Price
$200,000
Sold Price
$190,000
Premium/Discount to List
-$10,000
-5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.52%

Purchase Details

Closed on
Nov 22, 2017
Sold by
Bought by

Purchase Details

Closed on
Sep 8, 2017
Sold by
Bought by

Purchase Details

Closed on
Nov 27, 2000
Sold by
Bought by

Purchase Details

Closed on
Feb 13, 1995
Sold by
Bought by

Purchase Details

Closed on
Jan 27, 1989
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Lockport, IL

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$190,000 None Available
$190,000 Citywide Title Corp
-- Attorney
-- None Available
-- --
$91,000 --
$91,000 --
$75,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $926,250
Previous Owner $40,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/20/2018 06/20/18 Sold $190,000 -5.0% --
04/20/2018 04/20/18 Pending -- -- --
04/10/2018 04/10/18 For Sale $200,000 0.0% --
03/29/2018 03/29/18 Pending -- -- --
03/20/2018 03/20/18 For Sale $200,000 -- --
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $8,628 $96,519 $20,958 $75,561
2023 $7,939 $86,650 $18,815 $67,835
2022 $7,094 $77,058 $17,550 $59,508
2021 $6,750 $72,416 $16,493 $55,923
2020 $6,593 $70,035 $15,951 $54,084
2019 $6,287 $66,383 $15,119 $51,264
2018 $4,886 $61,367 $13,976 $47,391
2017 $4,442 $55,704 $12,687 $43,017
2016 $4,117 $51,385 $11,703 $39,682
2015 $3,080 $40,693 $10,407 $30,286
2014 $3,080 $39,128 $10,007 $29,121
2013 $3,080 $39,926 $10,211 $29,715
Source: Public Records

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09883895

Midwest Real Estate Data (MRED)

APN: 11-04-23-319-008

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