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    Lockport, IL
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    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
    5-Unit Apartment Building with Garage
    Updated: Aug 10
    5-Unit Apartment Building with Garage

    1709 S State Street, Lockport, IL 60441

    $575,000
    Five‑unit apartment property with one 2‑bedroom/1‑bath unit and four 1‑bedroom/1‑bath units
    Full basement available for storage
    Large 2‑car garage currently used by 1 tenant
    Rear concrete pad available for tenant use
    Built in 1927 with vinyl siding and stucco
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    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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    Rebuilt Two-Unit Duplex
    Rebuilt Two-Unit Duplex

    1236 S Washington Street, Lockport, IL 60441

    $468,000

    Separate utilities and extensively renewed building systems support straightforward operation for both residences.

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    See what stands out in Will County

    We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

    We check every listing here. A few are worth a second look.

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    Renovated Mixed-Use Building
    Renovated Mixed-Use Building

    201 W 10th St, Lockport, IL 60441

    $3,000,000
    36,183 sqft 1.37 AC lot

    Mixed-use property with five apartments and four office spaces, recently renovated with new roof and HVAC completed in 2025.

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    Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 4 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.

    Occupied Two-Unit Duplex
    Occupied Two-Unit Duplex

    1312 ELIZABETH Street, Joliet, IL 60435

    $290,000
    1,572 sqft 0.15 AC lot

    Both residences are leased, with individual appliances and tenant-paid utilities.

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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.

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    Two-Unit Duplex with Garage
    Two-Unit Duplex with Garage

    422 Francis Street, Joliet, IL 60432

    $189,900

    Two residential units offer living and dining areas, with one featuring an eat-in kitchen and access to basement amenities.

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    Four-Unit Brick Quadplex
    Four-Unit Brick Quadplex

    501 Pasadena Ave, Crest Hill, IL 60403

    Contact for pricing

    Well-maintained residential income property with oversized two-bedroom layouts and rear parking on a corner lot.

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    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

    Value Estimation by Request
    5,000 sqft 0.20 AC lot
    View details
    1016 State St
    Multifamily properties

    1016 State St, Lockport, IL 60441

    Value Estimation by Request
    View details

    Lockport, IL Multifamily Properties Market Trends and Statistics

    Explore 6 multifamily properties for sale in Lockport, IL, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 36,183 square feet of properties for sale, with an estimated market value of $4,493,000.

    Sale prices for multifamily properties in Lockport, IL start at $450,000, averaging $1,123,250, and reaching up to $3,000,000 — 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

    Apartment buildings 2
    Duplexes 1

    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 $521.5K

    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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