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$299,900 Just Listed
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Property Description
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.
Full Property Details
Full Property Details for 218 Hughes Ave
General
- Price: $299,900
- Taxes: $4,700 (2024)
- Status: Active
- Type: Multi-Family
- Source: MRED
- MLS ID: 12591330
- Updated: 4/27/2026
- Added to Site: 1 day(s) ago
Rental Information
- Complex Features: Street Lights, Street Paved
Interior
- Basement: Unfinished
Rooms
Bathrooms
- Total Bathrooms: 2
- Upper - Full Baths: 2
Bedrooms
- Total Bedrooms: 4
Additional Information
- Equipment: Ceiling Fan(s)
- Other Features: School Bus Service, Commuter Bus, Commuter Train, Interstate Access
Parking
- Total Spaces: 4
- Parking Features: Yes, Owned
Location
- Area: Homer / Lockport
- County: Will
- Township: Lockport
- Driving Directions: From Division St head South on State St, Turn East on Hughes Ave to property.
School Information
- School District: 89
- Elem School District: 89
- Midd School District: 89
- High School District: 205
- Elementary School: Fairmont School
- Middle School: Fairmont School
- High School: Lockport Township High School
- Private School: Lockport Township High School
Heating & Cooling
- Heating Type: Natural Gas, Forced Air
Utilities
- Sewer: Public Sewer
- Water: Public, Shared Well
Structural Information
- Model: 2 UNITS
- Construction: Vinyl Siding
- Exterior Const.: Vinyl Siding
- Basement: Yes
- Basement Desc.: Unfinished, Crawl Space, Partial
- Roof: Asphalt
- Built Before 1978: Yes
- Remodeled/Updated: 2026
Unit Information
- Units in Building: 2
Manufactured Home
- Model: 2 UNITS
Lot Features
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 120 x 38
Financial Considerations
- Parking Included: Yes
- Tax Amount: $4,700
- Tax Year: 2024
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 1104274060080000
Listed by Vylla Home
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Schools
Schools serving 218 Hughes Ave
School Districts:Fairmont School District 89, Lockport Township High School District 205
| Name | Grades | Distance |
|---|---|---|
Fairmont School 735 Green Garden Pl, Lockport, IL 60441 | PK-8 | 0.4 mi |
Lockport Township High School East 1333 East 7th Street, Lockport, IL 60441 | 9-12 | 2.2 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 218 Hughes Ave
Date
Details
Price
Change
Source
4/27/2026
Listed
$299,900
87.32%
MLS
8/11/2025
Sold
$160,101
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 218 Hughes Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$4,700
—
$55,800
11%
2023
$4,717
20%
$50,094
15%
2022
$3,946
—
$43,598
6%
2022
$3,946
5%
$40,972
3%
2020
$3,754
4%
$39,625
5%
2019
$3,623
9%
$37,560
10%
2018
$3,331
7%
$34,092
10%
2017
$3,117
10%
$30,946
13%
2016
$2,842
9%
$27,466
15%
2015
$2,598
4%
$23,975
6%
2014
$2,494
-4%
$22,618
-8%
2013
$2,611
-9%
$24,585
-15%
2012
$2,861
—
$28,924
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 218 Hughes Ave
218 Hughes Avenue, Lockport, IL 60441 (MLS# 12591330) is a Multi-Family property with 2 units containing 4 bedrooms and 0 full bathrooms. 218 Hughes Avenue is currently listed for $299,900 and was received on April 27, 2026. Want to learn more about 218 Hughes Avenue? 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.

