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About the Listing 24093 - 238472,261585
Exceptional Investment Opportunity in the Heart of Lockport - Under $150K/Door! Welcome to this charming and well-maintained 2-unit income property perfectly situated just steps from the vibrant energy of downtown Lockport. With walkable access to the beloved Dellwood Park, convenient proximity to Metra rail service, and easy access to major highways, this location checks every box for tenants and owner-occupants alike. Whether you're a seasoned investor seeking immediate cash flow or a savvy buyer looking to house hack your way into homeownership, this property offers unmatched versatility and value. With one unit already rented - generating $1,500/month in Year 1 and $1,600/month in Year 2 - the income is already working for you from day one. Unit A (Front Unit) welcomes you with a bright, spacious living room, a functional eat-in kitchen, two comfortable bedrooms, and a full bathroom. The layout is clean, practical, and move-in ready - exactly what quality tenants are looking for. Unit B (Rear Unit) mirrors that same livable appeal, offering a cozy living room, eat-in kitchen, two bedrooms, and a full bathroom. Whether occupied by a long-term tenant or used as your personal residence, this unit delivers comfort and flexibility in equal measure. Step outside and enjoy a generously sized backyard - ideal for entertaining, gardening, or simply unwinding - complete with a lovely paver patio perfect for warm-weather gatherings. Four exterior gravel parking spaces provide ample off-street parking for residents and guests, a true premium in any rental market. Additional highlights include a shared laundry room equipped with washer and dryer, separate gas and electric utilities for each unit, and one shared water meter keeping management simple and straightforward. Solid updates throughout round out a property that's truly turnkey and built for long-term returns. Opportunities like this - walkable, well-located, income-producing, and priced under $150K per door - don't last long in today's market. Schedule your showing today and take the first step toward building lasting wealth.
Listing Highlights
Status
Pending
Days on Site
34
Property Type
Multi-Family
MLS ®
12591330
Year Built
Total Square Footage
0
Lot/Acreage
120x38
County
Will
Area
Homer / Lockport
School District
89
Elementary School
Fairmont School
Middle School
Fairmont School
High School
Lockport Township High School
Interior Details
- Bedrooms: 4
- Bathrooms: 2 Full
- Appliances: Ceiling Fan(s)
- Air Cond:
- Heating: Natural Gas,Forced Air
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement: Unfinished,Crawl Space,Partial
- Other:
- Water: Public,Shared Well
Exterior Details
- Garage Capacity: N/A
- Parking Spaces: 4
- Lot Dimensions: 120x38
- Roof: Asphalt
- Others:
- Sewer: Public Sewer
- Parking Features: Yes,Owned
Financial Details
- Tax Amount: $4,700
- Taxes w/Assessments: N/A
- Tax/Property ID: 1104274060080000
- Tax Year: 2024
Payment Calculator
Monthly Payment
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- in Taxes
Years
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Questions About..
218 Hughes Ave Lockport, IL 60441
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