218 Hughes Avenue
Lockport, IL, 60441
$299,900
4 Beds
2 Baths
0 SqFt
0 Acres
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MLS #MRD12591330 image #0
Exceptional Investment Opportunity in the Heart of Lockport – Under $150K/Door! Welcome to this charming and well-maintained 2-unit income property perfectly situated just steps from the vibrant energy of downtown Lockport. With walkable access to the beloved Dellwood Park, convenient proximity to Metra rail service, and easy access to major highways, this location checks every box for tenants and owner-occupants alike. Whether you’re a seasoned investor seeking immediate cash flow or a savvy buyer looking to house hack your way into homeownership, this property offers unmatched versatility and value. With one unit already rented – generating $1,500/month in Year 1 and $1,600/month in Year 2 – the income is already working for you from day one. Unit A (Front Unit) welcomes you with a bright, spacious living room, a functional eat-in kitchen, two comfortable bedrooms, and a full bathroom. The layout is clean, practical, and move-in ready – exactly what quality tenants are looking for. Unit B (Rear Unit) mirrors that same livable appeal, offering a cozy living room, eat-in kitchen, two bedrooms, and a full bathroom. Whether occupied by a long-term tenant or used as your personal residence, this unit delivers comfort and flexibility in equal measure. Step outside and enjoy a generously sized backyard – ideal for entertaining, gardening, or simply unwinding – complete with a lovely paver patio perfect for warm-weather gatherings. Four exterior gravel parking spaces provide ample off-street parking for residents and guests, a true premium in any rental market. Additional highlights include a shared laundry room equipped with washer and dryer, separate gas and electric utilities for each unit, and one shared water meter keeping management simple and straightforward. Solid updates throughout round out a property that’s truly turnkey and built for long-term returns. Opportunities like this – walkable, well-located, income-producing, and priced under $150K per door – don’t last long in today’s market. Schedule your showing today and take the first step toward building lasting wealth.

Property Details

Price:
$299,900
MLS #:
MRD12591330
Status:
Active Under Contract
Beds:
4
Baths:
2
Type:
Multi Family
Neighborhood:
homerlockport
Listed Date:
Apr 27, 2026
Homer / LockportHomerlockportFairmont SchoolFairmont SchoolLockport Township High School

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Schools

School District:
205
Elementary School:
Fairmont School
Middle School:
Fairmont School
High School:
Lockport Township High School

Interior

Heating
Natural Gas, Forced Air

Exterior

Community Features
Street Lights, Street Paved
Construction Materials
Vinyl Siding
Parking Features
Yes, Owned
Parking Spots
4
Parking Total
4
Roof
Asphalt

Financial

Tax Year
2024
Taxes
$4,700

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

    218 Hughes Avenue Lockport IL is a Multi Family for sale in Lockport, IL, 60441. It is listed for $299,900

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218 Hughes Avenue
Lockport, IL