Listed by Matthews
$3,000,000
201 W 10th St
Details
Property Type Multifamily, Industrial
Sub Type Flex, Apartment Building
Square Footage 36,183
Net Rentable (SqFt) 36,183
Units 9
Cap Rate 4.90%
NOI $238,412
Tenancy Multi
Price per SqFt $83
Class A
Year Built 1850
Year Renovated 2025
Buildings 1
Stories 4
Acreage 1.370
Investment Type Value Add
Ground Lease No
Award-Winning Mixed-Use Asset with $7M Renovation in Growing Chicago Suburb
Marketing description
Recently renovated mixed-use property in Lockport, IL featuring 5 apartments and 4 offices. $3,000,000 list price, 4.90% cap rate, and $238,412 pro forma NOI. $7M in capital improvements including new roof and HVAC in 2025. ±36,183 SF on 1.37 acres. Award-winning historic building with modern Class A interiors.
Listing Contacts
Listed by Matthews
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$238,412.00
$19,867.67/mo
Valuation Metrics
0
DSCR
7.95%
Cap Rate
7.95%
ROI
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