327 S State St Lockport, IL 60441
Estimated payment $2,152/month
Highlights
- Workshop
- Enclosed Patio or Porch
- Ceiling Fan
- A. Vito Martinez Middle School Rated 9+
- Forced Air Heating System
About This Home
Exceptional 3-Unit Investment Opportunity in Lockport. Don't miss your chance to own this unique, income-generating property perfectly situated in the heart of town. It is conveniently located near downtown Lockport's shopping, dining, and Metra train station, this property is ready for its next owner. Whether you're looking for an investment opportunity or prefer to live in one unit while renting out the others, this versatile home offers plenty of options. The property features 3 units, each with 1 bedroom, 1 bathroom, a living room, and a kitchen. There is a spacious detached 6-car garage with 10-foot ceilings, which includes an office and a bathroom with air conditioning. Additional parking is also available on the side of the house. Amazing Investment Opportunity!
Listing Agent
Coldwell Banker Real Estate Group License #475207354 Listed on: 09/16/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,262
Year Built
- Built in 1915 | Remodeled in 2025
Lot Details
- 10,019 Sq Ft Lot
- Lot Dimensions are 140x64x140x65
Parking
- 6 Car Garage
- Driveway
- Off-Street Parking
Interior Spaces
- Ceiling Fan
- Workshop
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Potential Bedrooms
- 3 Bathrooms
Outdoor Features
- Enclosed Patio or Porch
Schools
- Lockport Township High School
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
Community Details
- 3 Units
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 |
|---|---|---|---|---|
| 2024 | $4,262 | $49,640 | $17,772 | $31,868 |
| 2023 | $4,262 | $49,640 | $17,772 | $31,868 |
| 2022 | $4,616 | $45,646 | $16,342 | $29,304 |
| 2021 | $4,254 | $45,646 | $16,342 | $29,304 |
| 2020 | $4,297 | $45,646 | $16,342 | $29,304 |
| 2019 | $4,323 | $45,646 | $16,342 | $29,304 |
| 2018 | $4,201 | $43,303 | $15,503 | $27,800 |
| 2017 | $4,303 | $43,303 | $15,503 | $27,800 |
| 2016 | $4,414 | $43,303 | $15,503 | $27,800 |
| 2015 | -- | $43,303 | $15,503 | $27,800 |
| 2014 | -- | $40,096 | $14,355 | $25,741 |
| 2013 | -- | $40,096 | $14,355 | $25,741 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/17/2025 10/17/25 | For Sale | $340,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Administrators Deed | -- | None Listed On Document | |
| Warranty Deed | $200,000 | Multiple | |
| Warranty Deed | $90,000 | -- |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12473851
APN: 11-04-23-143-004
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