536 Parkview Lane, Lockport, IL 60441 - Photo 1

1/1

$1,250,000

Sold
Closed
Commercial

1/1

Property Description

Prime Investment Opportunity in Lockport! This well-maintained 8-unit apartment complex offers strong rental income in a desirable neighborhood. This building features a total of 14 bedrooms and 10 bathrooms across a unit mix of: (2) 2-bed/2-bath, (2) 1-bed/1-bath, and (4) 2-bed/1-bath units. Tenants pay for electricity and internet, keeping overhead low for owners. Recent capital improvements include 2 updated laundry rooms with new coin-operated (2) washers and (2) dryers, newly painted hallways, modern hallway lighting, stylish front/rear entry doors, water heaters (2021), roof replacement (2015) and balconies (2025). Each unit includes two exterior parking spots for convenience. Ideally located near downtown Lockport, the Metra, Dellwood Park Community Center, and top-rated schools, this turnkey property is a fantastic addition to any investment portfolio. Don't miss your chance to own this money-making gem today!

Full Property Details

Full Property Details for 536 Parkview Ln

General

Sold For: $1,250,000
Taxes: $13,682 (2023)
Status: Closed
Type: Commercial
Source: MRED
MLS ID: 12405454
Added to Site: 199 day(s) ago

Location

Area: Homer / Lockport
County: Will
Driving Directions: When heading south on S State St toward W 11th St turn left onto E 18th St, turn right onto Lawrence Ave, turn left onto Parkview Ln and the home will be on the left.

Heating & Cooling

Cooling Type: Window Unit(s)
Heating Type: Electric

Utilities

Onsite: Water Available

Structural Information

Construction: Brick, Cedar
Exterior Const.: Brick, Cedar
Basement Desc.: None
Stories/Levels: 2
Year Built: 1979

Unit Information

Units w/Refrigerators: 8
Units w/Range/Oven: 8
# Dryers: 2

Lot Features

Lot Size (Acres): 0.42
Lot Size (Sq. Ft.): 18,091
Lot Dimensions: 18091
Frontage: City Street
Zoning: MULTI

Financial Considerations

Operating Expenses: $24,354
Assessment Year: 1979
Tax Amount: $13,682
Tax Year: 2023
Tenant Pays: Electricity

Disclosures and Reports

Property ID: 1104262140130000

Listed by Redfin Corporation
Sold by City Habitat Realty LLC

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Listing agent

— 536 Parkview Ln —

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(224) 699-5002

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Schools

Schools serving 536 Parkview Ln

School Districts:Taft School District 90, Lockport Township High School District 205

Name	Grades	Distance
Taft Grade School 1605 South Washington Street, Lockport, IL 60441	PK-8	0.5 mi
Lockport Township High School East 1333 East 7th Street, Lockport, IL 60441	9-12	1.4 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 536 Parkview Ln

Date

Details

Price

Change

Source

10/03/2025

Sold

$1,250,000

—

MLS

7/01/2025

Listed

$1,250,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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536 Parkview Lane, Lockport, IL 60441 (MLS# 12405454) is a Commercial property that was sold at $1,250,000 on October 03, 2025. Want to learn more about 536 Parkview Lane? 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.

536 Parkview Ln Lockport, IL 60441