1509 East Street

Lockport IL 60441

Multi-Family

Last sold for $330,000

Mark Damas, last sold this property on 02 June 2026 after 103 days on market.

Overview

Exceptional investment opportunity in the heart of Lockport! This well-maintained 2-unit brick building, built in 1966, is ideally located just minutes from historic downtown Lockport, the Metra station, restaurants, shopping, dining, and convenient access to I-355. The property features a strong, documented rental history with consistent occupancy, making it a true turnkey income property. Long-term tenants and stable cash flow highlight the property's performance, while solid construction and thoughtful upkeep reflect pride of ownership. Separate utilities (if applicable), on-site parking, and low-maintenance exterior elements add to its appeal for both seasoned and first-time investors. Positioned in a high-demand rental area near downtown Lockport, this stabilized multifamily asset offers dependable income and long-term upside potential. A rare opportunity to secure a proven performer in a desirable location.PROPERTY SOLD AS IS. INSPECTION NO REQUESTS ONLY. PROO OF FUNDS REQUIRED FOR BEFORE ALL SHOWING APPROVAL

Features

4 bedrooms

2 bathrooms

3 carspaces

Multi-Family

Estimated Value

Based on this property and similar 4 bedroom multi families sold in Lockport over the last 12 months, the estimated median property value of 1509 East Street is $320k.

Median value

$320k

Estimated value range

$160.1k - $375k

Median days on market

Estimated value trend

increase over the last 12 months

Average days on market is based on recent, comparable sales in Lockport. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1509 East Street

2026

Sold

$330,000

02 Jun 2026 by Mark Damas, of Baird & Warner

Happy sellers in Lockport

We have insufficient information to provide an overview of customer satisfaction for Lockport. Viewing the agent profiles, reviews and sales for Lockport can provide insights for this location.