Corcoran Urban Real Estate
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5 Properties Within 0.5 miles of: 1509 East, Lockport

1509 East
Lockport, IL 60441

  • 4 Beds
  • Built In 1966
Price

$349,000

Est Payment
$2,422 / month (details)  
Taxes
$8,745  
Beds
4  
Rooms
10  
Type
Two to Four Units  
Sq. Ft.
n/a  
Lot Size
LESS THAN .25 ACRES  
Built
1966  
Neighborhood
Homer / Lockport  
MLS
#12567784
Status
Active (27 days)

Property Description

Exceptional investment opportunity in the heart of Lockport! This well-maintained 2-unit brick building, built in 1966, is ideally located just minutes from historic downtown Lockport, the Metra station, restaurants, shopping, dining, and convenient access to I-355. The property features a strong, documented rental history with consistent occupancy, making it a true turnkey income property. Long-term tenants and stable cash flow highlight the property's performance, while solid construction and thoughtful upkeep reflect pride of ownership. Separate utilities (if applicable), on-site parking, and low-maintenance exterior elements add to its appeal for both seasoned and first-time investors. Positioned in a high-demand rental area near downtown Lockport, this stabilized multifamily asset offers dependable income and long-term upside potential. A rare opportunity to secure a proven performer in a desirable location.PROPERTY SOLD AS IS. INSPECTION NO REQUESTS ONLY. PRE APPROVAL REQUIRED FOR ALL SHOWINGS SHOWINGS START 2/19/26

Property Map

Property Details

Utilities

  • Heating Forced Air
  • Cooling
  • Water Public
  • Sewer Public Sewer

Additional Information

Parking
3 Parking Spaces, Unassigned, Yes, Owned, Parking included in price
Schools
Lockport Township High School (205), Taft Grade School (90), Taft Grade School (90)

Payment Calculator

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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 $449,000
02-25-2026 Status changed to Under Contract
03-17-2026 Price decreased by $100,000 to $349,000
03-17-2026 Status changed to Active
Last Modified 3/17/26 8:23 PM

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
grid
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