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1509-1511 East Street
Lockport IL 60441 US

$349,000

Active Listing ID 12567784
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4 bed
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2.00 Bath (2 Full)
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Other

$349,000

Active Listing ID 12567784
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1509-1511 East Street 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

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Property Features

  • Facts
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Full Bathrooms: 2
  • Heating Fuels: Forced Air
  • Additional Features
  • Basement

School Information

  • School
  • Taft Grade School(Elementary)
  • Taft Grade School(MiddleSchool)
  • Lockport Township High School(HighSchool)

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 349000
  • unparsedaddress: 1509-1511 East Street
  • postalcity: Lockport
  • stateorprovince: IL
  • country: US
  • postalcode: 60441
  • bathroomsfull: 2
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeunits: Acres
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 41.581616
  • longitude: -88.050074
  • listagentfullname: Mark Damas
  • listagentemail: mark.damas@bairdwarner.com
  • listagentkey: 3yd-MREDIL-261428
  • listagentmlsid: 261428
  • listagentpreferredphone: (708) 354-7355
  • listagentofficephone: 7087726404
  • listofficekey: 3yd-MREDIL-23610
  • listofficemlsid: 23610
  • disclaimer: Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: MREDIL
  • yearbuilt: 1966
  • listingcontractdate: 2026-02-12
  • listagenturl: http://deanrouso.bairdwarner.com
  • countyorparish: Will
  • parcelnumber: 1104262030210000
  • elementaryschool: Taft Grade School
  • highschool: Lockport Township High School
  • elementaryschooldistrict: 90
  • middleorjuniorschooldistrict: 90
  • highschooldistrict: 205
  • constructionmaterials: Vinyl Siding, Brick
  • heating: Forced Air
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 3
  • parkingfeatures: Assigned, Owned
  • waterfrontyn: False
  • franchiseaffiliation: None
  • rooms: Bedroom 3, Basement, Bedroom 4, Bedroom 2, Bathroom 1, Bedroom 1, Bathroom 2
  • basement: Unfinished, Full
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -88.05007, 41.581615
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Baird & Warner", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"mark.damas@bairdwarner.com", "ListBrokerageCity":"LaGrange", "ListBrokerageCountry":"US", "ListBrokerageEmail":"dean.rouso@bairdwarner.com", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/MLSNI/ff80808113307133011330b18ece001b/20080821100901334.jpg", "ListBrokerageName":"Baird & Warner", "ListBrokeragePhone":"(708) 354-7355", "ListBrokeragePostalCode":"60525", "ListBrokerageStateOrProvince":"IL", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"318 W Buington Ave", "ListBrokerageWebsiteUrl":"http://deanrouso.bairdwarner.com", "ListOfficeAddress1":"318 W. Burlington Avenue ", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"23610", "ListOfficeCity":"La Grange", "ListOfficeCountry":"USA", "ListOfficeEmail":"dean.rouso@bairdwarner.com", "ListOfficePostalCode":"60525", "ListOfficeStateOrProvince":"IL", "ListPriceCurrencyType":"USD", "ListingTitle":"MULTI_FAMILY - Lockport, IL", "ListingURL":null, "MLSModificationTimestamp":"2026-03-26 01:04:10", "Neighborhoods":[{"Description":null, "Name":"Homer / Lockport"}], "PostalCode":null, "RoomCount":10, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":8745, "TaxDescription":null, "TaxYear":"2024"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 3/26/2026 1:07:54 AM GMT
Source Updated Date: 3/31/2026 7:48:53 AM GMT

Courtesy of: Mark Damas, Baird & Warner, mark.damas@bairdwarner.com

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.