$339,900

14400 S Archer Avenue, Lockport, IL 60441

  • 1,370 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1971
  • Property Lot Size Icon0.44acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $248/sqft
  • Property List Date Icon Listed 22 days ago

Property Description

Fantastic investment or owner-user opportunity in booming Lockport! This well-maintained 3-unit commercial building is ideally located near I-355 and downtown, offering excellent visibility and accessibility. Each unit features approximately 456 sq. ft. plus bonus storage space-perfect for small businesses, professional offices, or service providers. The property sits on a generous lot with a large backyard-ideal for future expansion or outdoor workspace. Ample parking and low operating costs make this an attractive, easy-to-manage investment. Additional Information has: Updates list, Survey, Well/Septic Location Note the lot only goes up to the well location on the south of the building. The rest of the parking lot is owned and shared by the owner of the house/office next door. If available-which is quite often you are able to use it also. Recent improvements include: * Roof - 5 years * Windows - 3 years * Parking lot - 6 years * Exterior tuckpointing & painting - 7 years * Electrical panels - 10 years * Unit 3 furnace - 3 years With a private well and septic system, you'll enjoy no water or sewer bills, and the low property taxes add to the value. Flexibility abounds-use one or more units for your own business, lease all three for strong cash flow, or open up interior walls to create larger configurations. Current occupancy: * Unit 1 - tenant moving out Dec. 1 * Unit 2 - vacant * Unit 3 - month-to-month Two units are also available for rent at $850/month each (MLS #12493463). Local commercial acre lots are selling around $400,000, highlighting the area's appreciation potential. Whether you're a first-time investor or seasoned owner, this property offers stability, growth potential, and flexibility. The owner/agent is easy to work with-schedule your showing today and seize this outstanding opportunity!

Listing Status:
Active
Listing Office:
eXp Realty : 708-334-2054
Listing Agent:
Laura Bugos-Komperda : 708-334-2054
MLS ID:
12498966
  • A/C: Wall Sleeve
  • Road/Access: City Street
  • Originating MLS: mred
  • County: Will
  • Zoning: COMMR1605071000250000
  • Utilities: Circuit BreakersService - 0 to 100 Amps
  • Source: mred

This listing courtesy of Laura Bugos-Komperda, eXp Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

L

Lockport Township High School East

1333 E 7th St, Lockport, IL, 60441

Grades 9-12

2.51 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.