Updated 4-Unit
1316 Argo Ln, Lockport, IL 60441
For Sale
$699,900
All four residences are leased and have separate gas and electric meters.
Property SizeContact for details
Days on Market22
Property Features for 1316 Argo Ln
General Information
Standard status
Property subtype
Occupancy
Units
Multifamily Units
Individually Metered Utilities
Additional Details
Utilities to Site
Tenant in Place
Taxes and HOA fees
Annual Taxes
Amenities
in-unit washer/dryer
off-street parking
Building Details
Buildings
Listing Agency:
Wirtz Real Estate Group Inc.
Listed By:
Kim Wirtz, ABR, CRS, e-PRO · License IL #471055499
(708) 516-3050
Source:
Exprealty
Added: Oct 23
Changed: Nov 12
Last Checked: Nov 12 at 2:44PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Wirtz Real Estate Group Inc.
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Investment Insights
Based on property information with market context.
This four-unit property includes updated kitchens with maple cabinetry and appliances, tile-finished bathrooms, and a washer and dryer inside each residence. Gas and electric service is separately metered for every unit, and off-street parking is available. The roof is 12 years old.
All four units are currently occupied, with a history of long-term tenants.
All four units are currently occupied, with a history of long-term tenants.
Key Highlights
- All 4 units are currently rented
- Each unit has a washer and dryer
- Updated kitchens feature maple cabinetry and appliances
Property Analytics
Who owns this building?
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Lease Details
4
Residential units
100%
Occupancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
645
Businesses Nearby
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Business Placement
Demographics for 60441, IL
37,093
Population
13,249
Households
2.8
Avg Household Size
38
Median Age
36%
College-Educated
92%
High-School Grad
28.1 sq mi
ZIP Area
1,320
Density / Sq Mi
$104,271
Median Household Income
$54,665
Median Earnings
$1,488
Median Rent
$287,100
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Quadplex - All four residences are leased and have separate gas and electric meters.
Where is this quadplex located?
The property is located at 1316 Argo Ln Lockport, IL.
What is the asking price?
The asking price for this property is $699,900.
What are key features of this property?
This property features: All 4 units are currently rented; Each unit has a washer and dryer; Updated kitchens feature maple cabinetry and appliances
