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$645,000
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Property Description
Nestled in a prime location, this impeccably maintained 4-unit apartment building is a sparkling investment opportunity, fully occupied and brimming with charm! Each of the four beautifully appointed units shines in the current photos and 3D tour with floor plan, showcasing their inviting, move-in-ready appeal. A lovely courtyard fosters a warm sense of community, perfect for tenants to connect and enjoy. Every unit boasts its own dedicated furnace and hot water heater for ultimate convenience, while the building operates efficiently with just four electric meters-Unit 2 enjoys a slightly reduced rent to handle the four common-area lights. Unit 1's tenant, with a lower rent, thoughtfully assists with snow removal, adding to the property's seamless upkeep. This well-loved building is a true gem, blending modern comfort with a fantastic location near shops, dining, and transport. Each tenant has one parking spot assigned to them. Street parking is also available. Dive into the 3D tour and contact your agent today to explore this radiant treasure!
Full Property Details
Full Property Details for 1314 Argo Ln
General
- Sold For: $645,000
- Taxes: $5,597 (2023)
- Status: Closed
- Type: Multi-Family
- Source: MRED
- MLS ID: 12421406
- Added to Site: 169 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 4
Bedrooms
- Total Bedrooms: 8
Additional Information
- Other Features: School Bus Service
Parking
- Total Spaces: 4
- Parking Features: Assigned, On Site, Owned
- Parking On-Site: Yes
Location
- Area: Homer / Lockport
- County: Will
- Driving Directions: Take N Farrell Rd north of 159th to Argo Ln and turn left. Units are on the left side
School Information
- School District: 92
- Midd School District: 92
- Elementary School: Ludwig Elementary School
- Middle School: Oak Prairie Junior High School
- High School: Lockport Township High School
- Private School: Lockport Township High School
Heating & Cooling
- Heating Type: Natural Gas, Forced Air
Utilities
- Water: Public
Structural Information
- Construction: Aluminum Siding, Brick
- Exterior Const.: Aluminum Siding, Brick
- Basement Desc.: None
- Foundation: Concrete Perimeter
- Roof: Asphalt
- Year Built: 1963
- Built Before 1978: Yes
Unit Information
- Units in Building: 4
Lot Features
- Lot Size (Acres): 0.19
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 8067
Financial Considerations
- Parking Included: Yes
- Assessment Year: 1963
- Tax Amount: $5,597
- Tax Year: 2023
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 1104134100080000
Listed by Chase Real Estate LLC
Sold by RE/MAX Ultimate Professionals
Get Pre-Approved Today
Schools
Schools serving 1314 Argo Ln
School Districts:Lockport Township High School District 205, Will County School District 92
| Name | Grades | Distance |
|---|---|---|
Walsh Elementary School, Lockport, IL 514 MacGregor Road, Lockport, IL 60441 | PK-1 | 0.6 mi |
Ludwig Elementary School 710 North State Street, Lockport, IL 60441 | 4-5 | 1.1 mi |
Reed Elementary School 14939 W 143rd St, Homer Glen, IL 60491 | 2-3 | 3 mi |
Oak Prairie Jr High School 15161 S Gougar Rd, Homer Glen, IL 60491 | 6-8 | 1.4 mi |
Lockport Township High School East 1333 East 7th Street, Lockport, IL 60441 | 9-12 | 0.7 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1314 Argo Ln
Date
Details
Price
Change
Source
9/23/2025
Sold
$645,000
-7.82%
MLS
7/31/2025
Listed
$699,700
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1314 Argo Lane, Lockport, IL 60441 (MLS# 12421406) is a Multi-Family property that was sold at $645,000 on September 23, 2025. Want to learn more about 1314 Argo Lane? Do you have questions about finding other Multi-Family real estate for sale in Lockport? You can browse all Lockport real estate or contact a Coldwell Banker agent to request more information.

