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    704 E 9Th St, Lockport, IL 60441

    2,470 SF Built 1970
    Property ID
    US28-4702147
    Property summary
    AI-generated overview

    This exceptional 2,470 square foot commercial building presents a unique investment opportunity in Lockport, Illinois. Situated at 704 E 9th Street, this stand-alone structure is ideally positioned in the C-2 Community Commercial District, a high-traffic area along Route 7/9th Street/159th Street. The C-2 zoning allows for a wide array of mixed uses, ensuring flexibility for diverse business ventures. Permitted uses include, but are not limited to, retail spaces, restaurants (with or without liquor licenses), offices, medical clinics, and various other commercial enterprises. The building itself boasts a versatile layout, including four bedrooms, two full bathrooms, a kitchen, living room, family room with fireplace, a full unfinished basement offering significant potential for expansion or storage, a laundry room, and a one-car attached garage. Its proximity to downtown Lockport (just five blocks away) provides easy access to amenities such as restaurants, breweries, the Metra train station offering convenient Chicago access, schools, and parks. This property offers a compelling blend of commercial potential and residential-style features, making it an attractive option for a variety of business owners and investors. The high traffic counts in this area ensure excellent visibility and accessibility for any business operating from this location.

    Property profile
    Verified
    Property type Investment properties
    Year built 1970
    Total area 2,470 SF
    UPID US28-4702147
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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