Commercial Sale

2022 Lawrence Avenue, Lockport, Illinois 60441

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Property Description

Seize a rare opportunity to own a beautifully remodeled 8-unit building in the vibrant heart of Lockport. This property offers six spacious 2-bedroom, 1-bathroom units and two charming 1-bedroom, 1-bathroom units, making it a versatile investment with broad appeal. Each unit is meticulously maintained, boasting generously sized bedrooms and ample closet space to meet all storage needs. These rentals stand out in the market for their quality and attention to detail. Ideally located within walking distance of the Park District and Challenge Fitness, the property is also close to restaurants, parks, shopping centers, schools, the train station, and major highways. This prime location is perfect for tenants seeking convenience and easy access to a wide range of amenities. With a focus on comfort, sophistication, and practicality, this property offers a strong return on investment for the discerning investor. Six of the eight units have been remodeled. All units in the building operate fully on electric and benefit from a newly installed water softener for enhanced convenience. Recent upgrades, including the roof, windows, and doors just four years ago, ensure peace of mind for future ownership. The property also offers additional income potential with on-site washer and dryer amenities, providing a convenient service for tenants while boosting revenue. Don’t miss this exceptional opportunity to secure a prime real estate investment in Lockport!

Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : MRD12145424
Price : $1,299,900
Year Built : 1976
Features
Cooling System : Window unit(s)
Address Map
Country : US
State : IL
County : Will
City : Lockport
Zipcode : 60441
Street : Lawrence
Street Number : 2022
Street Suffix : Avenue
Floor Number : 0
Longitude : W89° 56' 45.6''
Latitude : N41° 34' 33.6''
Area : Homer / Lockport
MLS Addon
Agent Name : Robert
DaysOnMarket : 7
Directions : Briggs to Parkview to Lawrence.
Foundation : Concrete Perimeter
List Agent Full Name : Robert Miller
List Agent MLSID : MRD238472
List Office MLSID : MRD24093
List Office Name : Vylla Home
Parcel Number : 1104262140050000
Tax Year : $2,023
Zoning : MULTI
ListAgentLastName : Miller
Annual Tax Amount : $0
HOA/POA-Annual Amt. : $0
HOA/POA-Monthly Amt. : $0
Status : Active
PhotosChangeTimestamp : 09/02/2025 03:56:01
Commercial Sale For Sale
  • Listing ID : MRD12145424
$1,299,900
Agent info
Contact Agent