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    103 Stephen Street

    Lemont, IL 60439
    • $1,200,000
    • STATUS: Active
    • ON SITE: 201 days
    • MLS #: 10656686
    UPDATED: 68 min ago
    $1,200,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 8,500
      SQFT
    • $141
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1870
    County:
    Area:

    School Ratings & Info

    Description

    Attention investors!!! Fully leased mixed used building with restaurant and apartment. Restaurant just signed seven year lease with escalating rents(+21%) with two five year options. Restaurant pays 72% of real estate taxes on top of rent. Apartment is rented through August of 2020.

    Monthly Payment Calculator



    © 2020 Midwest Real Estate Data LLC. All rights reserved. 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. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or The Wexler Group. Based on information submitted to the MRED as of 2020-09-23T06:54:59.34 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. 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. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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    103 Stephen Street Lemont, IL 60439

    • Price: $1,200,000
    • Status: Active
    • Updated: 68 min ago
    • MLS #: 10656686
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    8,500
    SQFT
    $141
    $/SQFT
    1870
    Built
    Neighborhood:
    Lemont
    County:
    Cook
    Area:
    Lemont
    Property Description
    Attention investors!!! Fully leased mixed used building with restaurant and apartment. Restaurant just signed seven year lease with escalating rents(+21%) with two five year options. Restaurant pays 72% of real estate taxes on top of rent. Apartment is rented through August of 2020.
    Exterior Features

    Construction Concrete BlockStone Foundation Concrete Frontage Access City Street Location Central Business DistrictMixed Use Area Lot Dimensions 120X80 Lot Sq Ft 9583 Number Of Parking Spaces 35 Roof Structure Flat

    Interior Features

    Air Conditioning Central Air Fire Protection Fire Extinguisher/S Number Of Apts 1 Number Of Offices 0 Number Of Stores 1 Number Of Stories 2 Outdoor Parking 31-50 Spaces

    Property Features

    Age Older Built Before1978 YN Yes Current Use Commercial Electrical Service Circuit Breakers Electricity Expense 0 Expense Year 2018 Fuel Expense 0 Geographic Locale Southwest Suburban Gross Rental Income Amount 121200 Heat Ventilation Central Heat/Indiv Controls Insurance Expense 0 Known Encumbrances First Mortgage Lease Type N/A Net Oper Income Amount 115396 Number Of Tenants 1 Other Expenses 0 Owners Assoc YN No Possession Closing Potential Use Commercial Rental Price 0 Tax Year 2019 Taxes 9596.53 Tenant Pays Air ConditioningElectricHeatInsurance Total Annual Exp 10100 Total Annual Expense Source Actual Total Annual Income 121200 Total Monthly Income 10100 Township Lemont Unincorporated YN No Water Expense 0 Zoning Type Commr

    Listing information © 2020 Midwest Real Estate Data LLC.
    Listing provided courtesy of Houbolt Real Estate.


    © 2020 Midwest Real Estate Data LLC. All rights reserved. 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. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or The Wexler Group. Based on information submitted to the MRED as of 2020-09-23T06:54:59.34 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. 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. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

    Digital Millennium Copyright Act
     
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