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$275,000
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Property Description
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!
Full Property Details
Full Property Details for 14400 S Archer Ave
General
- Sold For: $275,000
- Taxes: $4,100 (2024)
- Status: Closed
- Type: Commercial
- Source: MRED
- MLS ID: 12498966
- Added to Site: 134 day(s) ago
Business
- Business Type: Retail
Location
- Area: Homer / Lockport
- County: Will
- Driving Directions: 143rd south to 14400 on the west side of the street
- Location Details: Mixed-Use Area
Heating & Cooling
- Cooling Type: Wall Sleeve
- Heating Type: Forced Air, Gas
Structural Information
- Stories/Levels: 1
- Square Feet: 1,370
- Year Built: 1971
Unit Information
- # Tenants: 3
Lot Features
- Lot Size (Sq. Ft.): 19,300
- Lot Dimensions: 120 x 163 x 104 x 151
- Frontage: City Street
- Zoning: COMMR
Financial Considerations
- Lease Price: $22
- For Sale/Rent/Lease: For Sale or Rent
- Assessment Year: 1971
- Tax Amount: $4,100
- Tax Year: 2024
- Tenant Pays: Air Conditioning, Electricity, Heat, Repairs, All Utilities
Disclosures and Reports
- Property ID: 1605071000250000
Listed and Sold by eXp Realty
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Schools
Schools serving 14400 S Archer Ave
School Districts:Will County School District 92, Lockport Township High School District 205
| Name | Grades | Distance |
|---|---|---|
Walsh Elementary School, Lockport, IL 514 MacGregor Road, Lockport, IL 60441 | PK-1 | 1.6 mi |
Ludwig Elementary School 710 North State Street, Lockport, IL 60441 | 4-5 | 1.8 mi |
Reed Elementary School 14939 W 143rd St, Homer Glen, IL 60491 | 2-3 | 2.1 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 | 2.5 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 14400 S Archer Ave
Date
Details
Price
Change
Source
2/27/2026
Sold
$275,000
-8.3%
MLS
11/14/2025
Price Reduced
$299,900
-11.77%
MLS
10/18/2025
Listed
$339,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
14400 S Archer Avenue, Lockport, IL 60441 (MLS# 12498966) is a Commercial property that was sold at $275,000 on February 27, 2026. Want to learn more about 14400 S Archer Avenue? Do you have questions about finding other Commercial real estate for sale in Lockport? You can browse all Lockport real estate or contact a Coldwell Banker agent to request more information.

