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Lockport, IL

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

6 properties

Rebuilt Two-Unit Residential Income Property

Updated: Apr 23

Rebuilt Two-Unit Residential Income Property

1236 S Washington Street, Lockport, IL 60441

$510,000

2‑unit building in Lockport built in 1882 with vinyl siding and off‑street parking plus a garage
Major rebuild after a 2012 fire: replaced walls, floors, doors, ceilings, studs, joists, rafters; new drywall, electric, plumbing, roof, windows, and doors in 2014
Newer systems include roof, windows, bathrooms, and kitchens; both power vent water heaters replaced about 2 years ago
Separate utilities: each unit has separate utilities so owner only pays taxes and insurance
Unit 2 upstairs has approx. 1,232 SF, tall and some vaulted ceilings, 2 bedrooms/1 bath, and use of the garage

Three-Story Brick Mixed-Use Building

Updated: Apr 21

Three-Story Brick Mixed-Use Building

1016 State Street, Lockport, IL 60441

$1,599,999

0.08 AC lot

Newly Constructed in 2023: Modern building with contemporary finishes.
Fully Leased: Turnkey investment with immediate returns.
Prime Downtown Lockport Location: Highly desirable area with excellent exposure.
Four High‑End Residential Units: Luxurious living spaces designed for discerning tenants.
Flexible Storefront/Office Space: Versatile commercial space suitable for retail or office use.

Three-Story Brick Mixed-Use Building

Three-Story Brick Mixed-Use Building

1016 State Street, Lockport, IL 60441

$1,599,999

0.08 AC lot

Three-story brick building built in 2023 with four residential rentals and a storefront/office space, fully leased.

Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center

Five-Unit Residential Property For Sale

Five-Unit Residential Property For Sale

1709 South State Street, Lockport, IL 60441

$599,000

Five-unit residential property near train, downtown, and highways.

Lockport Multifamily Investment Opportunity

Lockport Multifamily Investment Opportunity

1709 S State Street, Lockport, IL 60441

$599,000

Five-unit residential property near train, downtown, and highways.

Downtown Lockport Investment Opportunity

Downtown Lockport Investment Opportunity

1016 S State St, Lockport, IL 60441

$1,599,999

New construction mixed-use property in prime downtown location.

Based on your search, we've compiled 16 Potential Opportunities for your consideration. Besides 6 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 4 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.

Four-Unit Multi-Family Property

Four-Unit Multi-Family Property

9761 Ravinia Lane, Orland Park, IL 60462

$849,900

0.31 AC lot

Fully leased four-unit building with a larger owner’s unit, finished basement, and resident parking on a quiet cul-de-sac.

Brick Two-Flat Duplex Investment

Brick Two-Flat Duplex Investment

1115 Charlesworth Avenue, Joliet, IL 60432

$179,900

1,984 sqft

Well-maintained brick two-flat with two occupied units, each offering 2 bedrooms and 1 full bath, plus off-street parking.

Brick Two-Flat Income Property

Brick Two-Flat Income Property

1115 Charlesworth Avenue, Joliet, IL 60432

$179,900

0.17 AC lot

Well-maintained two-unit brick building with off-street parking and recent major components, sold fully occupied.

Penthouse Duplex with Heated Garage

Penthouse Duplex with Heated Garage

7805 W 157th Street #2S, Orland Park, IL 60462

$335,000

Spacious penthouse duplex with modern amenities and convenient location.

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.

Land For Sale, Lakemoor, IL

Land For Sale, Lakemoor, IL

27 Oyster Bay, Lakemoor, IL 60051

Contact for pricing

0.12 AC lot

Commercial land available in Lakemoor, Illinois.

Wooded Homesite in Wheatfield, Indiana

Wooded Homesite in Wheatfield, Indiana

4418 Oakland Court, Wheatfield, IN 46392

Contact for pricing

0.57 AC lot

Spacious, wooded 0.57-acre lot in established neighborhood.

Deeded RV Recreational Lot

Deeded RV Recreational Lot

V/L E Kissing Oaks Trail, Custer, MI 49405

$39,900

0.96 AC lot

Deeded lot with a newly excavated site, entry, and driveway, backing Manistee National Forest.

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.

Multifamily properties

213 Robson Dr, Lockport, IL 60441

Value Estimation by Request

5,000 sqft 0.20 AC lot

Multifamily properties

1016 State St, Lockport, IL 60441

Value Estimation by Request

Lockport, IL Multifamily Properties Market Trends and Statistics

Explore 8 multifamily properties for sale in Lockport, IL, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $6,507,997.

Sale prices for multifamily properties in Lockport, IL start at $510,000, averaging $1,084,666, and reaching up to $1,599,999 — 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

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	$1.2M

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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