Exceptional investment opportunity in the heart of Lockport! This well-maintained 3-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. PRE APPROVAL REQUIRED FOR ALL SHOWINGS SHOWINGS START 2/19/26
Property Features
Basement
Unfinished
Full
Heating Information
Forced Air
Water Features
Public
Parking
Unassigned
School Information
School Information for 1509 East Street, Lockport, IL 60441
Elementary School
Taft Grade School
Middle School
Taft Grade School
High School
Lockport Township High School
Listing Courtesy: Baird & Warner - 708-491-4155
Based on information submitted to the MLS GRID as of 2026-02-24 01:00:41. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Last Updated: 2026-02-24 01:00:41
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Market statistics compiled from data from Midwest Real Estate Data.