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$449,000
13 Days On Site

1509 East Street
Lockport, IL60441

For Sale|Multi Family|Active Under Contract
7
Beds
3
Total Baths
1966
Built
County:
Will
Listing Courtesy of MRED as distributed by MLS Grid of Baird & Warner

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708-308-1938
1509 East Street1509 East Street1509 East Street1509 East Street
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Exceptional investment opportunity in the heart of Lockport! This well-maintained 3-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

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Listing Snapshot
Price 
$449,000
Days On Site 
13 Days
Bedrooms 
7
Inside Area (SqFt) 
N/A
Total Baths 
3
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
1966
MLS® Number 
12567784
Status 
Active Under Contract
Property Tax 
$8,745
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
a week agoListing updated with changes from the MLS®
a week agoStatus changed to Active Under Contract
2 weeks agoListing first seen on site
General Features
Foundation 
Concrete Perimeter
Parking 
Unassigned
Parking Spaces 
3
Property Sub Type 
Multi Family
Sewer 
Public Sewer
Water Source 
Public
Interior Features
Basement 
UnfinishedFull
Heating 
Forced Air
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Exterior Features
Construction Details 
Vinyl SidingBrick
Community Features
MLS Area 
Homer / Lockport
School District 
Lockport Township High School
Township 
Lockport
Schools
School District
Lockport Township High School
Elementary School
Taft Grade School
Middle School
Taft Grade School
High School
Lockport Township High School
Listing Courtesy of MRED as distributed by MLS Grid of Baird & Warner



Based on information submitted to the MLS GRID as of 2026-03-04 10:32 PM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Last checked: 2026-03-04 10:32 PM UTC
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Neighborhood & Commute
Source: Walkscore
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