Multifamily

Lockport, IL Multifamily Properties for Sale

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Crest Hill, IL Homer Glen, IL Joliet, IL Romeoville, IL Lemont, IL New Lenox, IL Plainfield, IL Mokena, IL
Rebuilt Two-Unit Duplex
Updated: Sep 3
Rebuilt Two-Unit Duplex

1236 S Washington Street, Lockport, IL 60441

$450,000
Two‑unit property originally built in 1882 and rebuilt from the studs in 2014
Both units include 2 bedrooms, 1 bathroom, a laundry room, and a furnished kitchen
Upstairs unit is approximately 1232 square feet with tall and partially vaulted ceilings
Downstairs unit is approximately 1540 square feet with an additional flexible‑use room
Separate utilities; owner pays taxes and insurance
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Side-by-Side Brick Duplex
Updated: Sep 10
Side-by-Side Brick Duplex

14243 Smith Road, Lockport, IL 60441

$300,000
1.50 AC lot
Two‑unit side‑by‑side duplex on 1.5 wooded acres
Each residence offers 2 bedrooms and 1 full bathroom
Shared attached 2‑car garage separates the units
Partially finished basement includes laundry area, sink, and additional shower
Separate gas and electric meters with addresses 14243 and 14245
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See hot listings in Lockport

Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

Cap Rate available after sign in
Est. NOI available after sign in
Local Demand available after sign in
Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 2 Active listings in Lockport, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 Off-Market properties to explore as potential leads, plus 1 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Six-Unit Apartment Building
Six-Unit Apartment Building

1119 Elizabeth Ct, Crest Hill, IL 60403

$925,000
4,000 sqft

All-electric multifamily property with updated building systems, resident-paid electric, and on-site laundry facilities.

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Six-Unit Apartment Building
Six-Unit Apartment Building

1119 Elizabeth Court, Crest Hill, IL 60403

$925,000
0.23 AC lot

Brick construction with central air, newer major systems, and shared laundry facilities.

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Two-Unit Cottage Property
Two-Unit Cottage Property

558 E Benton Street, Joliet, IL 60432

Contact for pricing
0.12 AC lot

Established Joliet setting with separate living units and a fenced outdoor area.

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Duplex with Detached Garage
Duplex with Detached Garage

1315 N Broadway Street, Joliet, IL 60435

$250,000

Two residential units offer a one-bedroom and two-bedroom layout with shared basement storage and laundry.

View details

Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

University Park Developable Land
University Park Developable Land

976 Mesa Court, University Park, IL 60484

Contact for pricing
3.20 AC lot

3.2 acres with 24 concrete housing pads in University Park.

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Off-Market Properties in Lockport, IL

Consider similar Off-Market properties in Lockport, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

213 Robson Dr
Multifamily properties

213 Robson Dr, Lockport, IL 60441

Estimated value: by Request
5,000 sqft 0.20 AC lot
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1016 State St
Multifamily properties

1016 State St, Lockport, IL 60441

Estimated value: by Request
View details

Lockport, IL Multifamily Properties Market Trends and Statistics

Explore 4 multifamily properties for sale in Lockport, IL on our real estate platform.

Sale prices for multifamily properties in Lockport, IL start at $300,000, averaging $375,000, and reaching up to $450,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Duplexes 2

Demographics Overview

Population 101K
Population Growth (5Y) +2.3%
Median Household Income $108,635
College Educated 42.2%

High-Yield Neighborhoods for Investment

Identify Lockport submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
60441 $441.7K

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Will County

New Delisted

Property Size Breakdown

The majority of commercial real estate listings in Lockport fall within the 100,000+ square foot range.

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