Corcoran Urban Real Estate
$0 to $5,000,000
Any Beds
Any Baths
For Sale
5 Properties Within 0.5 miles of: 1505 East, Lockport

1505 East
Lockport, IL 60441

  • 2 Beds
  • Built In 1959
Price

$349,000

Est Payment
$2,226 / month (details)  
Taxes
$6,662  
Beds
2  
Rooms
8  
Type
Two to Four Units  
Sq. Ft.
n/a  
Lot Size
LESS THAN .25 ACRES  
Built
1959  
Neighborhood
Homer / Lockport  
MLS
#12562648
Status
Active (12 days)

Property Description

Prime two-unit income property near downtown Lockport. Built in 1959 with solid construction and strong rental appeal, this property offers consistent cash flow potential in a high-demand rental pocket. Walking distance to downtown amenities, Metra access, and local dining - a location tenants love. Spacious units with practical layouts support stable occupancy and long-term value. Ideal for investors seeking reliable returns or owner-occupants looking to house hack in a desirable Lockport location. Strong appreciation potential paired with income stability. Property SOLD AS IS INSPECTION NO REQUESTS ONLY PROPERTY NEXT DOOR 1509 AVAILABLE BY SAME OWNER

Property Map

Property Details

Utilities

  • Heating Steam, Radiator(s)
  • Cooling
  • Water Lake Michigan
  • Sewer Public Sewer

Additional Information

Parking
2 Parking Spaces, Unassigned, Off Street, Yes
Schools
Lockport Township High School (205), Taft Grade School (90), Taft Grade School (90)

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Principal & Interest
$0
Property Tax
$0
Assessments
$0
Home Insurance
$0
Mortgage Insurance
$0

Listing History

02-18-2026 Listed at $349,000
Last Modified 2/24/26 12:05 AM

Nearby Transportation

  • Heritage Corridor 0.6 mi
  • Hwy 355 South 2.3 mi
  • Hwy 355 North 2.4 mi
  • I 80 West 4.6 mi
  • I 80 East 4.9 mi
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