Sold
Last Sold Price
7 beds3,000 sqft
225 Bruce Rd, Lockport, IL 60441
Multi FamilyProperty Type
0.15 acresLot Size
1946Year Built
$60/sq ftPrice per sq ft
8 carsParking Spaces

Description

Wow a Investment Money Maker with a little Elbow Grease &/or Your Personal Residence Live in 1st Floor rent Free! 2 Story, 3 Unit Apartment Building with 3 Car Garage! The two 2nd Floor Apartments are both 2 Bedroom & 1 Bath, remodeled within the last 3 years with updated Kitchens, Baths, Flooring, and newer GFA Furnaces located in the Attic. Front and Rear Decks. Large Country size Kitchens with spacious eating area & pantry! White on White Appliances. 1st Floor Apartment has 3 Bedrooms & 1 Bath...Wow a Investment Money Maker with a little Elbow Grease &/or Your Personal Residence Live in 1st Floor rent Free! 2 Story, 3 Unit Apartment Building with 3 Car Garage! The two 2nd Floor Apartments are both 2 Bedroom & 1 Bath, remodeled within the last 3 years with updated Kitchens, Baths, Flooring, and newer GFA Furnaces located in the Attic. Front and Rear Decks. Large Country size Kitchens with spacious eating area & pantry! White on White Appliances. 1st Floor Apartment has 3 Bedrooms & 1 Bath and requires some TLC! The building is 3000 sq. ft! The 2nd Floor Apartments are 750 sq.ft each, 1st floor 1136 sq. ft & 364 sq. ft. utility room(28x13)Tenants pay Gas and Electric all separate Meters. The huge Utility room has endless possibilities( Family Room, Man Cave, etc). Newer White Vinyl Windows. Each Apartment has own GFA Furnace. Call now to see your next Real Estate Investment and /or Personal Home with Apartments for In-laws and Outlaws! Sold AS-IS!

    Sold By Coldwell Banker Residential

    • Listed by: Edward Hall 630.205.4700 realtored1@gmail.com • Coldwell Banker Residential
    Listing closed: 07/15/2019 12:00 AM • Source: MRED as distributed by MLS GRID, MLS#: 10411373

    Location

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    OriginPoint Mortgage or Rocket Mortgage1

    $1,288 per month

    30 year fixed, 6.71% Interest

    Principal and Interest

    $930

    Property Taxes

    $358

    HOA Dues

    $0

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    Property Information for 225 Bruce Road

    Property Details
    • Taxes: $4,295 / year
    • MLS Type: Two to Four Units / 3 Flat
    • County: Will County
    • Area: Homer / Lockport
    • Township: LOCKPORT
    • Ownership: Fee Simple
    • Num Of Garage Spaces: 3.0
    • Num Of Cars: 11.0
    • Parking Included in Price: Yes
    • Heat/Fuel: Natural Gas, Forced Air, Radiator(s)
    • Zoning: MULTI
    Building Information
    • Residences: 3
    • Year Built: 1946
    • Lot Size: 0.15 AC / 6,534 SF
    General Information
    School Information
    • Elementary School District: 89
    • High School District: 205
    • Middle Or Junior School District: 89
    Addtl Parking Information
    • Garage On Site: true
    • Garage Ownership: Owned
    • Garage Type: Detached
    • Parking: Garage, Space/s
    • Parking Details: Unassigned
    • Parking On Site: true
    • Parking Ownership: Owned
    Taxes and HOA Information
    • Additional Parcels: No
    Property Information
    Interior Features
    • Num Of Rooms: 15
    • Bedrooms Total: 7
    • Bedrooms (Below Grade): 0
    • Community Features: Street Lights, Street Paved
    • Basement Type: None
    • Bedrooms Possible: 7
    • Basement Description: Slab
    • Basement Bathrooms: No
    • # Full Baths in Building: 3
    • # Half Baths in Building: 0
    • Room Type: Workshop
    • Num of Baths: 3.0
    Utilities / Equipment
    • Sewer: Other
    • Water: Public
    • Other Equipment: Ceiling Fan(s)
    Property/Lot Information
    • Exterior Property Features: Deck
    • New Construction YN: No
    • Rebuilt: No
    • Rehabilitated: Yes
    • Rehab Year: 2017
    • Built Before 1978: Yes
    • Age: 71-80 Years
    • Lot Size: Less Than .25 Acre
    • Lot Dimensions: 40X148
    • Total # Units in Building: 3.0
    • Waterfront: No
    • Exterior Building Type: Aluminum Siding, Block
    • Roof Type: Asphalt
    • Foundation Details: Concrete Perimeter
    • General Information: Commuter Train,Interstate Access
    • 3 Br Un In Bldg: Yes
    • Conversion: N
    Property and Assessments
    • Buyer Financing: Conventional, Cash
    • Photos Count: 29
    Virtual Tour/Additional Media
    • Virtual Tour: None
    • Virtual Tour YN: No
    Multi Family
    Income & Expenses
    • Electric Expense: $.00
    • Fuel Expense: $.00
    • Gross Income: $31,200.00
    • Insurance Expense: $1,026.00
    • Maintenance Expense: $760.00
    • Manager Expense: $.00
    • Insurance Expense Source: Actual
    • Other Expense Source: Actual
    • Repairs-Decor Expense Source: Actual
    • Trash Expense Source: Actual
    • Trash Expense Year: 2018
    • Water Expense Source: Actual
    • Net Operating Income: $23,219.00
    • Trash Expense: $748.00
    • Water Sewer Expense: $717.00
    • Other Expenses $: 435
    Unit 1
    • Unit Type Actual Rent: $.00
    • Unit Type Baths Total: 1
    • Unit Type Beds Total: 3
    • Unit Type Type: Unit 1
    • Total Sq Ft - Unit 1: 1500
    • Floor # - Unit 1: 1
    • # Of Rooms - Unit 1: 7
    • # Half Baths-Unit 1: 0
    • # Full Baths-Unit 1: 1
    • Appliances/Features Unit 1: Stove, Refrigerator
    • Sec Deposit $ - Unit 1: 0
    • Tenant Pays - Unit 1: Electric, Gas
    Unit 2
    • Unit Type Actual Rent: $700.00
    • Unit Type Baths Total: 1
    • Unit Type Beds Total: 2
    • Unit Type Type: Unit 2
    • Total Sq Ft - Unit 2: 750
    • Floor # - Unit 2: 2
    • # Of Rooms - Unit 2: 4
    • # Half Baths-Unit 2: 0
    • # Full Baths-Unit 2: 1
    • Appliances/Features Unit 2: Stove, Refrigerator, Window Air Conditioner
    • Sec Deposit $ - Unit 2: 700
    • Tenant Pays - Unit 2: Electric, Gas
    Unit 3
    • Unit Type Actual Rent: $900.00
    • Unit Type Baths Total: 1
    • Unit Type Beds Total: 2
    • Unit Type Type: Unit 3
    • Total Sq Ft - Unit 3: 750
    • Floor # - Unit 3: 2
    • # Of Rooms - Unit 3: 4
    • # Half Baths-Unit 3: 0
    • # Full Baths-Unit 3: 1
    • Appliances/Features Unit 3: Stove, Refrigerator
    • Sec Deposit $ - Unit 3: 900
    • Tenant Pays - Unit 3: Electric, Gas

    Property History for 225 Bruce Road

    DateEvent & SourcePriceAppreciation
    Jul 15, 2019

    Sold

    MRED #10411373

    $180,000
    Jul 12, 2019

    Sold (Public Record)

    Public Record #650567806

    $180,000
    Jun 10, 2019

    Pending

    MRED #10411373

    DateEvent & SourcePrice
    07/15/2019

    Sold

    MRED #10411373

    $180,000
    07/12/2019

    Sold (Public Record)

    Public Record #650567806

    $180,000
    06/10/2019

    Pending

    MRED #10411373

    For completeness, we often displays two records for one sale: the MLS record and the public record.

    Public Records for 225 Bruce Road

    Taxable ValueLand$21,377Additions$55,749Total$77,126
    Tax Record2025$6,305 ($525 / month)
    Home Facts
    Beds0Baths3Stories2Lot Size6,441 SqFtStyleSingle Family ResidenceYear Built1946Year Renovated1946CountyWILLAPN11-04-27-409-020

    Schools near 225 Bruce Road

    This home is within Lockport Twp Hsd 205 School District.
    Rating
    School
    Type
    Grades
    Distance
    Public - PK to 8
    Public - 9 to 12
    Rating
    School
    Distance
    Fairmont School
    PublicPK to 8

    Lockport Township High School East
    Public9 to 12

    School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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    Listing Courtesy of Coldwell Banker Residential

    Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 05/05/2021 07:49 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.