Residential Income

Lockport, IL Residential Income Properties for Sale

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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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Side-by-Side Brick Duplex
Side-by-Side Brick Duplex

14243 Smith Road, Lockport, IL 60441

$300,000
1.50 AC lot

Single-level residences share an attached garage and sit on a wooded parcel with separate gas and electric meters.

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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 16 Potential Opportunities for your consideration. Besides 3 Active listings in Lockport, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 5 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.

Mixed-Use Property with Warehouse
Mixed-Use Property with Warehouse

21926 W. Taylor Road, Plainfield, IL 60544

$750,000
2.40 AC lot

Combination of residential, storage, warehouse, and fenced-yard improvements with access from two roads.

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Carillon Community Condo For Sale
Carillon Community Condo For Sale

13750 Bristlecone Drive S #208, Plainfield, IL 60544

$170,000
918 sqft

55+ community condo with 1 bedroom and resort-style amenities.

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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

$179,900

Two-unit property with separate living areas, basement space, outdoor features, and garage parking.

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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.

Lockport Vacant Land For Sale
Lockport Vacant Land For Sale

151ST & MACGREGOR Street, Lockport, IL 60441

$449,900
9.13 AC lot

9.13 acres of vacant land in Lockport, Illinois.

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Agricultural Farmland Parcel
Agricultural Farmland Parcel

A 163 rd Street, Lockport, IL 60441

$893,335
18.65 AC lot

Unincorporated farmland parcel zoned R1 and R2, currently being farmed, with utilities close by.

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Residential Lot in Lockport, IL
Residential Lot in Lockport, IL

217 Riley Avenue, Lockport, IL 60441

Contact for pricing
0.13 AC lot

Undeveloped residential lot in Lockport, Illinois.

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Commercial Land with Level Terrain
Commercial Land with Level Terrain

15355 W 159th Street, Lockport, IL 60441

$450,000
4.80 AC lot

Commercially zoned, level land included in a long-range multifamily master plan.

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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.

2653 Briggs St
Land

2653 Briggs St, Lockport, IL 60441

Estimated value:
No data
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12331 159Th St
Land

12331 159Th St, Lockport, IL 60491

Estimated value:
No data
14.24 AC lot
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213 Robson Dr
Multifamily properties

213 Robson Dr, Lockport, IL 60441

Estimated value:
No data
5,000 sqft 0.20 AC lot
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Fox Holw Dr
Land

0 Fox Holw Dr, Lockport, IL 60441

Estimated value:
No data
180.00 AC lot
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1016 State St
Multifamily properties

1016 State St, Lockport, IL 60441

Estimated value:
No data
View details

Lockport, IL Residential Income Properties Market Trends and Statistics

Explore 8 residential income properties for sale in Lockport, IL, showcased through 3 active listings on our real estate platform.

Sale prices for residential income properties in Lockport, IL start at $300,000, averaging $441,666, and reaching up to $575,000 — 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

Multifamily properties 3
Duplexes 2
Apartment buildings 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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