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$330,000

  • Sold
  • Closed
  • Multi-Family
  • 4 Total Beds
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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

Full Property Details for 1509 East St

General

  • Sold For: $330,000
  • Taxes: $8,745 (2024)
  • Status: Closed
  • Type: Multi-Family
  • Source: MRED
  • MLS ID: 12567784
  • Added to Site: 134 day(s) ago

Rooms

Bathrooms

  • Total Bathrooms: 2

Bedrooms

  • Total Bedrooms: 4

Additional Information

  • Other Features: School Bus Service, Commuter Train, Interstate Access

Parking

  • Total Spaces: 3
  • Parking Features: Unassigned, Yes, Owned

Location

  • Area: Homer / Lockport
  • County: Will
  • Driving Directions: IL-171 TO E9TH ST RT RO LINCOLN TO 1505 EAST ST

School Information

  • School District: 90
  • Midd School District: 90
  • Elementary School: Taft Grade School
  • Middle School: Taft Grade School
  • High School: Lockport Township High School
  • Private School: Lockport Township High School

Heating & Cooling

  • Heating Type: Forced Air

Utilities

  • Water: Public

Structural Information

  • Construction: Vinyl Siding, Brick
  • Exterior Const.: Vinyl Siding, Brick
  • Basement Desc.: Unfinished, Full
  • Foundation: Concrete Perimeter
  • Year Built: 1966
  • Built Before 1978: Yes

Unit Information

  • Units in Building: 2

Lot Features

  • Lot Size Range: Less than .25 Acre
  • Lot Dimensions: LESS THAN .25 ACRES

Financial Considerations

  • Parking Included: Yes
  • Assessment Year: 1966
  • Tax Amount: $8,745
  • Tax Year: 2024

Disclosures and Reports

  • Ownership: Fee Simple
  • Property ID: 1104262030210000

Listed by Baird & Warner
Sold by Chase Real Estate LLC

Listing agent

— 1509 East St —

  • Baird & Warner

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1509 East St

School Districts:Taft School District 90, Lockport Township High School District 205
NameGradesDistance
Taft Grade School
1605 South Washington Street, Lockport, IL 60441
PK-80.5 mi
Lockport Township High School East
1333 East 7th Street, Lockport, IL 60441
9-121.1 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1509 East St

Date
Details
Price
Change
Source
6/02/2026
Sold
$330,000
-5.44%
MLS
3/17/2026
Price Reduced
$349,000
-22.27%
MLS
2/12/2026
Listed
$449,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Baird & Warner
Sold by Chase Real Estate LLC

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1509-1511 East Street, Lockport, IL 60441 (MLS# 12567784) is a Multi-Family property that was sold at $330,000 on June 02, 2026. Want to learn more about 1509-1511 East Street? 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.