1505 East Street
Lockport, IL, 60441
$329,000
2 Beds
2 Baths
0 SqFt
0 Acres
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MLS #MRD12562648 image #0
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. PROOF OF FUNDS REQUIRED TO REQUEST SHOWING

Property Details

Price:
$329,000
MLS #:
MRD12562648
Status:
Active Under Contract
Beds:
2
Baths:
2
Type:
Multi Family
Neighborhood:
homerlockport
Listed Date:
Feb 12, 2026
Year Built:
1959
Homer / LockportHomerlockportTaft Grade SchoolTaft Grade SchoolLockport Township High School

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Schools

School District:
205
Elementary School:
Taft Grade School
Middle School:
Taft Grade School
High School:
Lockport Township High School

Interior

Heating
Steam, Radiator(s)

Exterior

Construction Materials
Brick
Parking Features
Unassigned, Off Street, Yes
Parking Spots
2
Parking Total
2
Roof
Asphalt

Financial

Net Operating Income
$7,237
Tax Year
2024
Taxes
$6,662

Map

Community

Market Summary

Current real estate data for Multi Family in Lockport as of May 17, 2026
6
Multi Family Listed
66
Avg DOM
$356,300
Avg List Price

Property Summary

    1505 East Street Lockport IL is a Multi Family for sale in Lockport, IL, 60441. It is listed for $329,000

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