14400 S Archer Avenue Lockport, IL $ 299,900
14400 S Archer Avenue
$ 299,900
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14400 S Archer Avenue

Lockport, IL, 60441
$ 299,900
Bedrooms-- Baths-- Sq 1,370
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Property for Rent in Lockport, IL

for $299,900. This 1,370 square foot property was built in 1971 on a lot size of 0.443067.

Fantastic investment or owner-user opportunity in booming Lockport! This well-maintained 3-unit commercial building is ideally located near I-355 and downtown, offering excellent visibility and accessibility. Each unit features approximately 456 sq. ft. plus bonus storage space-perfect for small businesses, professional offices, or service providers. The property sits on a generous lot with a large backyard-ideal for future expansion or outdoor workspace. Ample parking and low operating costs make this an attractive, easy-to-manage investment. Additional Information has: Updates list, Survey, Well/Septic Location Note the lot only goes up to the well location on the south of the building. The rest of the parking lot is owned and shared by the owner of the house/office next door. If available-which is quite often you are able to use it also. Recent improvements include: * Roof - 5 years * Windows - 3 years * Parking lot - 6 years * Exterior tuckpointing & painting - 7 years * Electrical panels - 10 years * Unit 3 furnace - 3 years With a private well and septic system, you'll enjoy no water or sewer bills, and the low property taxes add to the value. Flexibility abounds-use one or more units for your own business, lease all three for strong cash flow, or open up interior walls to create larger configurations. Current occupancy: * Unit 1 - tenant moving out Dec. 1 * Unit 2 - vacant * Unit 3 - month-to-month Two units are also available for rent at $850/month each (MLS #12493463). Local commercial acre lots are selling around $400,000, highlighting the area's appreciation potential. Whether you're a first-time investor or seasoned owner, this property offers stability, growth potential, and flexibility. The owner/agent is easy to work with-schedule your showing today and seize this outstanding opportunity!

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Rental Active

Price

$ 299,900

Taxes

$ 4,100

Style

Retail

Lot Size

0.443067

Year Built

1971

Town/City

Lockport

County/Region

Will

MLS | Web ID

12498966

Features
General
Cooling Wall Sleeve
Possession Closing Immediate
Zoning COMMR
Year Built 1971
Electric Circuit Breakers Service - 0 to 100 Amps
Tenant Pays Air Conditioning Electricity Heat Repairs
Stories Count 1
Township Lockport
Tax Year 2024
Gross Income 30600
Business Type Retail
Assoc Fee Paid Per Not Applicable
County Will
Net Operating Income 23000
Property Type Commercial Sale Retail/Stores
Status Active
Directions 143rd south to 14400 on the west side of the street
City Lockport
Number Of Units Total 3
MLS Area Homer / Lockport
Lot Size Square Feet 19300
Tax Annual Amount 4100
Additional Parcels Y/N Y
Leasable Area 1470
Lease Type Gross
Standard Status Active
Total Actual Rent 850
Cap Rate 7
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Exterior
Building Area Total 1370
Lot Dimensions 120X163X104X151
Frontage Type City Street
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* Excluded Features
List By
Exp Realty

Broker

laura.bugos@gmail.com

Email

Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/14/2025$299,900 -11.77% Price Down
10/18/2025$339,900 Listed Price

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14400 S Archer Avenue, Lockport, IL, 60441 is a Property for Rent at $299,900 with 1,370 sqft and a lot size of 0.443067. 14400 S Archer Avenue was built in 1971. The property's zip code is 60441 which is in Lockport, IL