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704 9Th St Lockport, IL 60441

OFF-MARKET Investment properties Google Maps
2,470 SF Built 1970
Estimated value
No estimation on file for this property yet.
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

Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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