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1509 East Street Lockport, IL 60441

$449,000
Contingent / MLS# 12567784 / Multi Unit - Multiple / Lockport
7 Beds
3 Baths

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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Baird & Warner Jeffrey Schwartz Email

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Estimated Payment

$ 1,857.49 per month $997.78 Principal & Interest $728.75 Property Tax $130.96 Homeowner's Insurance
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Property Details

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Unfinished, Full
Heating: Forced Air
Lot Size: LESS THAN .25 ACRES
Taxes: $8,745
Year Built: 1966

Feature Descriptions

Exterior: Vinyl Siding, Brick
Lot Dimensions: LESS THAN .25 ACRES
Parcel#: 1104262030210000
Parking: Unassigned, Yes, Owned
Sewer: Public Sewer
Total Rooms: 15
Township: Lockport
Water: Public

Schools

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

Disclaimer: The accuracy of all information regardless of source, including but not limited to square footage and lot size, is deemed reliable but not guaranteed nor warranted and should be personally verified through personal inspection by and/or with the appropriate professionals.

Location

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