1111 S Lincoln St Lockport, IL 60441
Estimated payment $2,991/month
Highlights
- Very Popular Property
- Landscaped Professionally
- Property is near a park
- Milne Grove Elementary School Rated A-
- Deck
- 4-minute walk to Rotary Park
About This Home
Discover a rare investment gem in the desirable Lockport community! This unique duplex offers the comfort of single-family living while providing excellent income potential. Just one block from beautiful Rotary Park, with ball fields, a turfed court, picnic pavilion, pickleball, and playground, the property is perfectly positioned. A shared foyer welcomes you into two distinct, fully equipped living spaces. The main-level unit features a spacious living room, dining area, and full kitchen, with direct access to a private yard complete with a concrete patio and fire pit, perfect for relaxing evenings. This unit also enjoys exclusive use of a detached two-car garage. The upper-level unit mirrors the thoughtful layout with its own kitchen, living, and dining areas. A raised deck provides private outdoor space, and this unit benefits from its own driveway for off-street parking. In total, the property offers four bedrooms and two full bathrooms, thoughtfully divided between the two levels for privacy and comfort. Each unit also has its own section of the basement with private laundry. Located in the highly regarded Lockport school district and just moments from shopping, dining, and entertainment, this property combines a prime location with a smart layout and desirable amenities. Competitively priced and offered in as-is condition, it presents an exceptional opportunity for investors or owner-occupants alike!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,943
Year Built
- Built in 1950 | Remodeled in 2022
Lot Details
- 10,454 Sq Ft Lot
- Lot Dimensions are 67x92x60x116
- Landscaped Professionally
- Paved or Partially Paved Lot
Parking
- 2 Car Garage
- Parking Included in Price
Home Design
- Traditional Architecture
- Brick Exterior Construction
- Block Foundation
- Asphalt Roof
Interior Spaces
- Ceiling Fan
- Window Screens
- Carbon Monoxide Detectors
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Potential Bedrooms
- 2 Bathrooms
Basement
- Basement Fills Entire Space Under The House
- Sump Pump
Outdoor Features
- Deck
- Fire Pit
Location
- Property is near a park
Schools
- Milne Grove Elementary School
- Kelvin Grove Elementary Middle School
- Lockport Township High School
Utilities
- Baseboard Heating
- Heating System Uses Natural Gas
- Multiple Water Heaters
- Gas Water Heater
Listing and Financial Details
- Homeowner Tax Exemptions
Community Details
Overview
- 2 Units
- 2 Flat
Recreation
- Tennis Courts
Building Details
- Insurance Expense $1,200
- Trash Expense $300
- Water Sewer Expense $1,500
- Gross Income $46,200
- Net Operating Income $33,256
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2023 | $9,943 | $111,153 | $19,886 | $91,267 |
| 2022 | $8,145 | $94,481 | $18,550 | $75,931 |
| 2021 | $8,276 | $88,790 | $17,433 | $71,357 |
| 2020 | $8,084 | $85,871 | $16,860 | $69,011 |
| 2019 | $7,708 | $81,394 | $15,981 | $65,413 |
| 2018 | $7,300 | $75,245 | $14,774 | $60,471 |
| 2017 | $6,787 | $68,301 | $13,411 | $54,890 |
| 2016 | $6,423 | $63,005 | $12,372 | $50,633 |
| 2015 | $5,373 | $51,026 | $11,002 | $40,024 |
| 2014 | $5,373 | $49,064 | $10,579 | $38,485 |
| 2013 | $5,373 | $50,065 | $10,795 | $39,270 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/06/2025 09/06/25 | For Sale | $399,900 | +59.8% | -- |
| 12/02/2021 12/02/21 | Sold | $250,229 | +0.1% | -- |
| 08/30/2021 08/30/21 | Pending | -- | -- | -- |
| 08/23/2021 08/23/21 | For Sale | $250,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $250,229 | Antic | |
| Quit Claim Deed | -- | None Available | |
| Warranty Deed | $215,000 | Multiple | |
| Interfamily Deed Transfer | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $240,562 | FHA | |
| Previous Owner | $214,853 | FHA | |
| Previous Owner | $211,678 | FHA |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12464964
APN: 11-04-23-412-012
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