Search
5-Unit Apartment Building with Garage
New
For Sale
$575,000

1709 S State Street, Lockport, IL 60441

MULTI_FAMILY - Lockport, IL

Property SizeContact for details
Days on Market2

Property Features for 1709 S State Street

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 6
Bathrooms 5
Full bathrooms 5
Rooms Bedroom 2, Bedroom 4, Bathroom 4, Bathroom 2, Bathroom 3, Bathroom 5, Bedroom 1, Bedroom 6, Bedroom 5, Bathroom 1, Bedroom 3
Basement Exterior Entry
Directions State St, 1 block south of Division on the West side of the street
Subdivision Homer / Lockport
Standard status Active
APN 1104261040030000

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 5491

Building Details

Year built 1927
Floors in Building 2
Number of units 5
Building materials Vinyl Siding, Stucco
Roof type Composition, Tar/Gravel
Listing Agency: Coldwell Banker Real Estate Group
Listed By: Allyson Fernandes · License #475127260
Added: Aug 10 Changed: Aug 11 Last Checked: Aug 11 at 8:06PM
MLS# 12730609

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 5-unit apartment building dates to 1927 and offers a mix of one 2 Bedroom/1Bath unit and four 1/1 units. The property includes a full basement for storage, a large 2-car garage currently used by one tenant, and a concrete pad behind the building for tenant use. Exterior construction includes vinyl siding and stucco, with composition and tar/gravel roofing.

The property is located a few blocks from the train station and downtown Lockport, with access to local highways nearby. Its central setting places transportation and downtown amenities within a short distance of the building.

Key Highlights

  • 5‑unit apartment building with one 2 Bedroom/1Bath unit and four 1/1 units
  • Full basement available for storage
  • Large 2‑car garage currently used by 1 tenant

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Pharmacy Spa & Massage Center Skin Care Clinic Auto Parts Store Hair Salon Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

5
Residential units

Location Intelligence

Trade Area within ½ mile

622
Businesses Nearby

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

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Apartment building - Residential income property with a two-bedroom unit, additional one-bedroom units, basement storage, and outdoor tenant space.
Where is this apartment building located?
The property is located at 1709 S State Street Lockport, IL.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: 5‑unit apartment building with one 2 Bedroom/1Bath unit and four 1/1 units; Full basement available for storage; Large 2‑car garage currently used by 1 tenant
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message