$365,000
$384,900
5.2%For more information regarding the value of a property, please contact us for a free consultation.
3 Beds
2 Baths
SOLD DATE : 07/18/2025
Key Details
Sold Price $365,000
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 12300827
Sold Date 07/18/25
Style Ranch
Bedrooms 3
Annual Tax Amount $8,387
Tax Year 2024
Lot Dimensions 90X80
Property Sub-Type Two to Four Units
Property Description
Prime 2-Unit Investment Opportunity in Lockport. Don't miss this rare chance to own a versatile, income-generating 2-unit property in the heart of Lockport. Perfectly suited for first-time buyers looking to reduce their mortgage through rental income or investors seeking a solid addition to their portfolio, this property combines comfort, flexibility, and strong financial potential. Ideal for House Hacking. Live in one unit and lease the other excellent strategy for lowering monthly expenses while building long-term equity. This setup offers both financial freedom and the advantages of homeownership. Detached Garage with upstairs Office. A unique highlight of this property is the oversized detached garage, complete with an upstairs office space featuring heating and air conditioning. Whether used as a home office, creative studio, workshop, or an additional rental unit, it adds valuable income potential and flexibility. Desirable Location. Set in a quiet, well-established Lockport neighborhood, the property offers convenient access to parks, schools, public transportation, restaurants, and shopping. It's an ideal location for both owner-occupants and investors. Multiple Income Streams. With two rentable living units and a separate garage/office space, this property is designed to generate consistent revenue. Lockport's strong rental market supports steady demand and reliable returns. Outdoor Living and Off-Street Parking. Enjoy a shared backyard-perfect for outdoor relaxation or small gatherings. Off-street parking adds convenience for residents and guests alike. This is a standout opportunity for house hackers and investors alike. Schedule your private tour today and discover all that this Lockport property has to offer.
Location
State IL
County Will
Area Homer / Lockport
Zoning MULTI
Rooms
Basement Unfinished, Full
Interior
Heating Natural Gas, Forced Air
Equipment Ceiling Fan(s)
Fireplace N
Exterior
Garage Spaces 2.5
Community Features Curbs, Sidewalks, Street Lights, Street Paved
Roof Type Asphalt
Building
Building Description Vinyl Siding, No
Sewer Storm Sewer
Water Public
Structure Type Vinyl Siding
New Construction false
Schools
School District 91 , 91, 205
Others
Ownership Fee Simple
Special Listing Condition None
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© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Bought with Amalia Guzman • Smart Home Realty
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "