Sold

919 State Street

Lemont IL, 60439

$1,380,000


Sold

Commercial

Built in 1973

Courtesy of Coldwell Banker Realty

Excellent value add investment opportunity in a strong location. Large units are well below market rents for the area. This asset is positioned to produce an extraordinary return on investment with strong management, updates and upgrades and bringing the rents up to market. This 15 unit apartment building is 100% occupied and is in near proximity to the Lemont business district with excellent amenities. The property is also minutes to major highways and a short commute to the City. Long term owners are ready to retire.

11665066

MLS ID

November 1, 2022

Listed

March 28, 2024

Updated

Map

919 State Street
Lemont IL, 60439

Other Property Details

Area Name

Lemont


Taxes

$33,573


Tax Frequency

Annually


Days on Market

9


Garage

No


View

No


County

Cook


Municipality

Lemont


Pool

No


Zoning

MULTI


Buyer Agency Compensation

2.5%-$395

Courtesy of Coldwell Banker Realty, Ruta Usaviciute,
Listing Contact: 708-460-4900 

The data relating to real estate for sale on this website comes in part from the Broker ReciprocitySM Program of Midwest Real Estate Data. Real estate listings held by brokerage firms other than Team Elite are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.

Based on information submitted to the  MLS GRID for MRED 3/28/2024. All data is obtained from various sources and has not been, and will not be, verified by broker, MRED or MLS GRID. MLS Grid and MRED 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. IDX information is provided exclusively for consumers’ personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.

©2024 Listings Courtesy of MRED as distributed by MLS GRID. All rights reserved.

Data last updated 4:14 AM UTC, 3/28/2024

 

 

Powered byLuxury Presence