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$311,000
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Property Description
Exceptional 3-Unit Investment Opportunity in Lockport. Don't miss your chance to own this unique, income-generating property perfectly situated in the heart of town. It is conveniently located near downtown Lockport's shopping, dining, and Metra train station, this property is ready for its next owner. Whether you're looking for an investment opportunity or prefer to live in one unit while renting out the others, this versatile home offers plenty of options. The property features 3 units, each with 1 bedroom, 1 bathroom, a living room, and a kitchen. There is a spacious detached 6-car garage with 10-foot ceilings, which includes an office and a bathroom with air conditioning. Additional parking is also available on the side of the house. Amazing Investment Opportunity!
Full Property Details
Full Property Details for 327 S State St
General
- Sold For: $311,000
- Taxes: $4,495 (2024)
- Status: Closed
- Type: Multi-Family
- Source: MRED
- MLS ID: 12473851
- Added to Site: 90 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 3
Bedrooms
- Total Bedrooms: 3
Additional Information
- Equipment: Ceiling Fan(s)
Parking
- Garage: Yes
- Garage Spaces: 6
- Total Spaces: 9
- Parking Features: Yes, Garage Owned, Detached, Off-Street, Driveway, Owned, Garage
Location
- Area: Homer / Lockport
- County: Will
- Driving Directions: State Street (Archer Ave) to property address
School Information
- School District: 91
- Midd School District: 91
- 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
- Exterior Const.: Aluminum Siding
- Basement Desc.: Cellar, Partial
- Year Built: 1915
- Built Before 1978: Yes
- Remodeled/Updated: 2025
Unit Information
- Units in Building: 3
Lot Features
- Lot Size (Acres): 0.23
- Lot Size Range: .50 to .99 Acre
- Lot Dimensions: 140 x 64 x 140 x 65
Financial Considerations
- Assessment Year: 1915
- Tax Amount: $4,495.59
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 1104231430040000
Listed by Coldwell Banker Real Estate Group
Sold by Chase Real Estate LLC
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Schools
Schools serving 327 S State St
School District:Valley View Community Unit School District 365u
| Name | Grades | Distance |
|---|---|---|
Irene King Elementary School 301 Eaton Avenue, Romeoville, IL 60446 | PK-5 | 3.3 mi |
A Vito Martinez Middle School 590 Belmont Drive, Romeoville, IL 60446 | 6-8 | 3.9 mi |
Romeoville High School 100 North Independence Boulevard, Romeoville, IL 60446 | 9-12 | 2.7 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 327 S State St
Date
Details
Price
Change
Source
12/18/2025
Sold
$311,000
-8.53%
MLS
9/16/2025
Listed
$340,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
327 S State Street, Lockport, IL 60441 (MLS# 12473851) is a Multi-Family property that was sold at $311,000 on December 18, 2025. Want to learn more about 327 S State 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.

