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Property profile & analytics

24045 Lockport St Plainfield, IL 60544-1652

  • Commercial real estate
  • 0.02 lot acres
OFF-MARKET
Value Estimations
$265,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US28-1267356
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Lincoln Way Barber Shop / Barber Shop

Property Details for 24045 Lockport St

Lot size
0.02 lot acres
Property type
Commercial real estate
APN
06-03-16-210-003
APU
60316210003

Description

This exceptional 520-square-foot commercial property, located at 24045 W Lockport Street in Plainfield, IL, presents a rare opportunity to own a piece of downtown Plainfield history. Situated in the heart of the Historic District, this building, established in 1881, boasts a rich legacy as the location of The Lincoln Way Barber Shop for four generations. Its prime location ensures excellent walk-in traffic and a loyal customer base. The well-maintained building has undergone continuous updates throughout the years and is offered turn-key ready, allowing for immediate operation of a similar business. The existing layout includes three shampoo sinks and three barber stations, providing a functional and established workspace. A full basement adds significant storage or expansion potential. The property's adaptability makes it suitable for a variety of commercial uses. Low property taxes of $1381 annually contribute to its financial attractiveness. This is a unique chance to acquire a well-established, versatile commercial space in a thriving downtown area. The sale is an "as-is" transaction. The property sits on a 0-acre lot. The asking price is $300,000.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    ML approach
    $265,000

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Plainfield
County
Will
State
Illinois
Longitude
-88.2046
Latitude
41.6083
CBSA code
16980
CBSA name
CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$1,381
$8,847
$8,721
$17,568
-
$26,541
$26,163
$52,704
More about this property
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