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$315,000
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Property Description
This lovely 3-bedroom, 1.5-bathroom residence features an open floor plan and ample space for comfortable living. Recent updates include fresh paint throughout, new flooring, and new countertops in the kitchen. A flexible room provides the ideal space for a home office, playroom, or additional living area. Children can easily walk to Milne Grove Elementary and Kelvin Grove Middle School, both within the School District 91. The home boasts a large, private yard, ideal for outdoor activities and entertaining, and is located on a dead-end street for added privacy. Plus, with a full unfinished basement and a detached 2-car garage, you'll have plenty of storage space or the potential for future expansion. Conveniently located near the Metra station, bus stop, downtown Lockport, and local forest preserves, this move-in-ready home offers comfort, flexibility, and a prime location.
Full Property Details
Full Property Details for 540 E 4th St
General
- Price: $315,000
- Taxes: $4,691 (2024)
- Status: Active
- Type: Single Family
- Source: MRED
- MLS ID: 12481972
- Updated: 10/15/2025
- Added to Site: 105 day(s) ago
Rental Information
- Complex Features: Curbs, Sidewalks, Street Lights, Street Paved
Interior
- Basement: Unfinished
- Interior Features: Separate Dining Room, Quartz Counters
- Appliances: Range, Microwave, Dishwasher, Washer, Dryer, Stainless Steel Appliance(s)
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 1
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 3
Additional Information
- Equipment: Sump Pump, Water Heater-Gas
Parking
- Garage: Yes
- Garage Spaces: 2
- Total Spaces: 2
- Parking Features: Asphalt, On Site, Garage Owned, Detached, Garage
- Parking On-Site: Yes
Location
- Area: Homer / Lockport
- County: Will
- Township: Lockport
- Driving Directions: Take 9th Street east to Madison Street. Go north on Madison Street to 4th Street. Turn east (right) onto 4th Street.
School Information
- School District: 91
- Elem School District: 91
- Midd School District: 91
- High School District: 205
- Elementary School: Milne Grove Elementary School
- Middle School: Kelvin Grove Elementary School
- High School: Lockport Township High School
- Private School: Lockport Township High School
Community
- Assoc. Fees Include: None
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Forced Air
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Vinyl Siding
- Exterior Const.: Vinyl Siding
- Basement: Yes
- Basement Desc.: Unfinished, Full
- Foundation: Concrete Perimeter
- Roof: Asphalt
- Doors: 6 Panel Door(s)
- Square Feet: 1,601
- Sq. Ft. Source: Taped
- Year Built: 1909
- Built Before 1978: Yes
- Remodeled/Updated: 2025
Lot Features
- Lot Size (Acres): 0.18
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 50 x 153
- Fence: Yes
- Lot Features: Level
- Fencing (Description): Partial
Financial Considerations
- Parking Included: Yes
- Assessment Year: 1909
- Tax Amount: $4,691
- Tax Year: 2024
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 1104232310270000
Listed by Baird & Warner
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Schools
Schools serving 540 E 4th St
School Districts:Lockport School District 91, Lockport Township High School District 205
| Name | Grades | Distance |
|---|---|---|
Milne Grove Elementary School 565 East 7th Street, Lockport, IL 60441 | PK-3 | 0.2 mi |
Kelvin Grove Jr High School 808 Adams Street, Lockport, IL 60441 | 4-8 | 0.5 mi |
Lockport Township High School East 1333 East 7th Street, Lockport, IL 60441 | 9-12 | 0.9 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 540 E 4th St
Date
Details
Price
Change
Source
10/10/2025
Price Reduced
$315,000
-1.56%
MLS
10/02/2025
Listed
$320,000
42.22%
MLS
6/17/2025
Sold
$225,000
—
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 540 E 4th St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$4,691
6%
$62,639
11%
2023
$4,419
3%
$56,234
7%
2022
$4,291
—
$52,611
6%
2022
$4,291
9%
$49,442
3%
2020
$3,936
6%
$47,817
6%
2019
$3,724
7%
$45,324
8%
2018
$3,483
9%
$41,900
10%
2017
$3,183
7%
$38,034
8%
2016
$2,965
-23%
$35,084
-2%
2015
$3,827
23%
$35,868
4%
2014
$3,120
-1%
$34,489
-2%
2013
$3,137
-13%
$35,193
-18%
2012
$3,623
—
$42,919
—
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 540 E 4th St
540 E 4th Street, Lockport, IL 60441 (MLS# 12481972) is a Single Family property with 3 bedrooms, 1 full bathroom and 1 partial bathroom. 540 E 4th Street is currently listed for $315,000 and was received on October 02, 2025. Want to learn more about 540 E 4th Street? Do you have questions about finding other Single Family real estate for sale in Lockport? You can browse all Lockport real estate or contact a Coldwell Banker agent to request more information.

