1044 East 9th Street

Lockport, IL 60441

$650,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Don't miss out on this exceptional opportunity to acquire a well-established, turnkey restaurant in a prime location. Situated on the 159th Street corridor, this freestanding building boasts excellent visibility and high traffic, making it an ideal investment. The restaurant currently seats up to 80 patrons. This versatile property offers a range of business opportunities including the spacious apartment above the restaurant, currently utilized as storage. The apartment features a living room, kitchen,...Don't miss out on this exceptional opportunity to acquire a well-established, turnkey restaurant in a prime location. Situated on the 159th Street corridor, this freestanding building boasts excellent visibility and high traffic, making it an ideal investment. The restaurant currently seats up to 80 patrons. This versatile property offers a range of business opportunities including the spacious apartment above the restaurant, currently utilized as storage. The apartment features a living room, kitchen, one bedroom, and a bathroom, providing additional rental income or on-site management. With low Will County taxes, this property offers both a solid foundation for a thriving business and a prime location with room for future growth or redevelopment. Seize this chance to make your mark in a high-demand area!
  1. Listed by Mary Derman • Keller Williams Preferred Rlty
  2. Listed by Marc Koronkiewicz • Keller Williams Preferred Rlty

Property Details for 1044 East 9th Street

Area
Homer / Lockport
Zoning
COMMR
LISTING UPDATED: 09/11/2024 12:06 AM

Property Details for 1044 East 9th Street

StatusActive
MLS #12155825
Days on Market43
Taxes$9,959 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial Sale
Year Built1969
Lot Size0.39 AC / 17,035 SF
CountyWill County

Virtual Tour

Building Information for 1044 East 9th Street

Stories1Residences1Year Built1969Lot Size0.39 AC / 17,035 SF

Property Information for 1044 East 9th Street

General Information
Addtl Parking Information
  • Outdoor Parking: 19-30 Spaces
Location and General Information
  • Frontage Type: City Street, County Road
  • Geographic Locale: Southwest Suburban
  • Information: List Broker Must Accompany,Show-Call Listing Office,Show-Special Instructions,No Sign on Property,After Hours Only,Highly Confidential
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Air Conditioning: Central Air
  • Electric: Service - 101 to 200 Amps, Three Phase
  • Heat/Ventilation: Forced Air,Gas
  • Num of Baths: 0.0
Exterior Features
  • # Of Apts: 1
Utilities / Equipment
  • Utilities: Electric to Site, Gas to Site, Sanitary Sewer, Water-Municipal, Water to Site
Property/Lot Information
  • Tenant Pays: Air Conditioning, Electricity, Heat, Taxes, Insurance, Repairs, Scavenger, Sewer
  • Built Before 1978: Yes
  • Approximate Age: 26-35 Years
  • Lot Dimensions: 109' X 150'
  • Lot Size Square Feet: 17035.0
  • Stories: 1
  • Construction: Wood Frame
  • Roof Type: Composition
  • Fire Protection: Alarm Monitored,Fire Extinguisher/s
  • Building Area Total: 5264
  • # Of Offices: 0
  • # Of Stores: 0
  • Property Sub Type: Mixed Use
  • MRD_UNC: No
Property and Assessments
  • Possible Use: Commercial
  • Buyer Financing: Conventional, Cash
  • Public Document Count: 1
  • Document Date: 2024-09-05T11:53:08
  • Photos Count: 13
Miscellaneous
  • Current Use: Commercial
  • Location: Central Business District,Mixed Use Area
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 1
Income & Expenses
  • Electric Expense: $.00
  • Fuel Expense: $.00
  • Gross Income: $.00
  • Gross Scheduled Income: $.00
  • Insurance Expense: $.00
  • Total Monthly Income: 0
  • Other Expense: $.00
  • Trash Expense: $.00
  • Water Sewer Expense: $.00

Property History for 1044 East 9th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 1044 East 9th Street

Taxable ValueLand$32,034Additions$76,144Total$108,178
Tax Record2023$9,911 ($826 / month)
Home Facts
Lot Size16,988 SqFtStyleMiscellaneous CommercialCountyWILLAPN11-04-24-110-022

Schools near 1044 East 9th Street

This home is within Lockport School District 91.
Rating
School
Type
Grades
Distance
Public - PK to 3
Public - 4 to 8
Public - 9 to 12
Private - PK to 8
Rating
School
Distance
Milne Grove Elementary School
PublicPK to 3

Kelvin Grove Jr High School
Public4 to 8

Lockport Township High School East
Public9 to 12

St Joseph Elementary School
PrivatePK to 8

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.

Similar Homes

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1044 East 9th Street is a mixed use property for sale in Lockport, IL 60441. This property was listed for sale on September 5, 2024 by Keller Williams Preferred Rlty, it's currently listed at $650,000. This listing's school districts are Lockport School District 91, Lockport Twp Hsd 205 School District. Nearby schools include Milne Grove Elementary School, Kelvin Grove Jr High School and Lockport Township High School East. 1044 East 9th Street is a 0-bed, 0-bath, mixed use property built in 1969.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Preferred Rlty

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. Based on information submitted to the MLS GRID as of 09/11/2024 12:06 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.