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.
SUPER NICE AND CLEAN 2 UNIT IN LOCKPOT. BUILDING HAD A FIRE IN 2012 AND WAS TOTALLY REBUILT FROM THE STUDS OUT IN 2014. ALL NEW DRWALL, ELECTRIC, PLUMBING, ROOF, WINDOWS, DOORS, BATHROOMS AND KITCHENS. UTILITIES ARE ALL SEPARATE SO OWNER ONLY PAYS TAXES AND INSURANCE. BOTH UNITS HAVE 2 BEDROOM AND 1 BATH. UNIT 2 UPSTAIRS HAS ALL TALL AND SOME VAULTED CEILINGS AND ALSO HAS USE OF THE GARAGE. THE DOWNSTAIRS UNIT IS LARGER AND HAS EXTRA ROOM THAT COULD BE USED FOR 3RD BEDROOM OR DEN OR OFFICE OR JUST FOR EXTRA STORAGE. DOWNSTAIRS TENANT HAS USE OF THE BASEMENT. BOTH UNITS HAVE LAUNDRY ROOMS EACH WITH A SINK BUT THE WASHERS AND DRYERS BELONG TO THE TENANTS. BOTH UNITS HAVE CEILING FANS AND FULLY FURNISHED KITCHENS WITH STOVE, REFRIGERATOR, DISHWASHER AND MICROWAVE. CLOSE TO EVERYTHING DOWNTOWN LOCKPORT!!
Rarely does an opportunity like this emerge in such a sought-after location. This all brick main house is "a diamond in the rough" perfect for an investor or a homeowner ready to build significant sweat equity. Situated in a fantastic, family-friendly neighborhood, you are just steps away from local parks and schools. This property feeds into the highly-rated Kelvin Grove and Lockport school districts, making it a premier choice for long-term value. The main house boasts a sturdy all brick exterior and an interior filled with classic architectural details that are hard to find today. The property also offers unique versatility that most homes in this price bracket lack. The property includes an EXTRA house (618 1/2 E. 12th St.), providing a perfect setup for related living or a rental unit to help cover the mortgage. While the home definitely needs some work, its great "brick bones" and prime location offer a solid opportunity for your next project. Don't miss out on the most affordable entry point into a desirable Lockport neighborhood.
Exceptional investment opportunity in the heart of Lockport! This well-maintained 2-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. PROO OF FUNDS REQUIRED FOR BEFORE ALL SHOWING APPROVAL
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
Versatile multi-unit property available minutes from downtown Lockport! This income producing opportunity boasts two sizable units tucked away on a quiet dead end road. Unit 1 features 3 bedrooms (1 on the main level, 2 on the second floor), 1 bathroom, a nicely sized dining room, and spacious living room. Unit 2 features 2 bedrooms, 1 bathroom, and access to the basement. The basement is partially finished with an additional bedroom, full bathroom, extra living space, laundry, as well as access to the exterior and attached garage. Parking and storage are abundant between the 2 car (tandem) attached garage, and the 4 car detached garage/pole barn - ideal for vehicles, equipment, or extra rental potential. Prime location, flexible layout, & plenty of storage, this property presents an excellent opportunity to generate income while enjoying proximity to dining, shops, and the train station!

Lockport is located in Illinois. Lockport, Illinois has a population of 26,070. Lockport is more family-centric than the surrounding county with 38.25% of the households containing married families with children. The county average for households married with children is 37.33%.
The median household income in Lockport, Illinois is $96,481. The median household income for the surrounding county is $95,751 compared to the national median of $69,021. The median age of people living in Lockport is 36.8 years.
The average high temperature in July is 84 degrees, with an average low temperature in January of 15.8 degrees. The average rainfall is approximately 39 inches per year, with 30.5 inches of snow per year.