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1505 East Street Lockport, IL $ 329,000
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$ 329,000 Get more info
1505 East Street
$ 329,000
Back to search
Share Save

1505 East Street

Lockport, IL, 60441
$ 329,000
Bedrooms2 Baths2.0

Monthly Estimate*

$ 2,026

1505 East Street, Lockport, IL 60441 - Image 1
1505 East Street, Lockport, IL 60441 - Image 2
1505 East Street, Lockport, IL 60441 - Image 3
1505 East Street, Lockport, IL 60441 - Image 4
1505 East Street, Lockport, IL 60441 - Image 5
1505 East Street, Lockport, IL 60441 - Image 6

Multi-Family Home for sale in Lockport, IL

for $329,000 with 2 bedrooms and 2 full baths. This home was built in 1959.

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

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Multi-Family Contingent

Price

$ 329,000

Bedrooms

2

Full Bath

2

Property Type

Multi-Family

Taxes

$ 6,662

Style

Year Built

1959

Town/City

Lockport

County/Region

Will

MLS | Web ID

12562648
Features
General
Sewer Public Sewer
Heating Steam Radiator(s)
Possession Closing
Roof Asphalt
Construction Materials Brick
Year Built 1959
Township Lockport
Tax Year 2024
Ownership Fee Simple
Gross Income 17700
County Will
Net Operating Income 7237
Insurance Expense 2400
New Construction N
Property Type Residential Income Two to Four Units
Contingency Attorney/Inspection
Total Rooms 8
Status Contingent
Directions IL-171 TO E9TH ST RT RO LINCOLN TO 1505 EAST ST
High School Lockport Township High School
City Lockport
High School District 205
MLS Area Homer / Lockport
Elementary School Taft Grade School
Tax Annual Amount 6662
Middle/Junior High School Taft Grade School
Water Sewer Expense 1231
Standard Status Active Under Contract
Middle/Junior School District 90
Elementary School District 90
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Interior
Basement Unfinished Full
Total Bedrooms 2
Total Baths 2
Bedrooms Possible 2
Full Baths Building 2
Half Baths Building 0
Total Number of Units 2
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Exterior
Parking Features Unassigned Off Street Yes
Water Source Lake Michigan
Total Parking 2
Foundation Details Block
Lot Dimensions LESS THAN .25 ACRES
Waterfront Y/N N
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* Excluded Features
List By
Baird & Warner

Broker

mark.damas@bairdwarner.com

Email

Affordability Calculator

$2,581
Per Month
78%
22%
0%
Monthly Principal & Interest
$2,026
Monthly Property Taxes
$555
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1853879 Elementary School
1884139 Middle School
Lockport Township High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
3/12/2026$329,000 -5.73% Price Down
2/19/2026$349,000 Listed Price

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1505 East Street, Lockport, IL, 60441 is a Multi-Family Home for sale at $329,000. 1505 East Street has 2 bedrooms, 2.0 baths, and was built in 1959. The property's zip code is 60441 which is in Lockport, IL

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