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  • $400,000

    515 & 517 South Ave, Lockport, IL 60441

    4beds
    --sqft
    Multi Family
    Built in 1971
    -- sqft lot
    $400,200 Zestimate®
    $--/sqft
    $2,133 Estimated rent

    Home value

    $400,200

    $372,000 - $428,000

    $2,133/mo

    Zestimate® history
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    What's special

    Modern finishes throughoutElegant quartz countertopsAbundant natural lightOversized white trimLow-maintenance outdoor livingIn-unit laundryLarge family rooms
    ***MULTIPLE OFFERS RECEIVED!! Highest & Best Due by 6/1/26 at 5pm*** This well-maintained duplex presents an exceptional opportunity for investors, owner-occupants, or anyone seeking the perfect related living arrangement, with both units being sold together and already occupied by great longstanding tenants, providing immediate rental income and long-term value. Each spacious unit offers 2 bedrooms, 1 full bath, an attached 1-car garage, in-unit laundry, and thoughtfully designed living spaces highlighted by dramatic beamed vaulted ceilings in the living rooms and vaulted ceilings in the bedrooms, creating an open and airy feel throughout. Large family rooms feature beautiful hardwood flooring and abundant natural light, while each kitchen includes dedicated eating space and convenient patio door access to the backyard areas, offering low-maintenance outdoor living ideal for tenants or owners alike. Unit 515 has been completely renovated and showcases modern finishes throughout, including all new cabinetry, elegant quartz countertops, stylish tile backsplash, oversized white trim, updated LED lighting, and hardwood floors throughout the entire unit. The beautifully remodeled bathroom in Unit 515 features a new vanity with double sinks, updated fixtures, and a brand-new tub and shower surround, giving the space a fresh contemporary feel. Significant mechanical and exterior improvements provide peace of mind for future ownership, including a new roof installed in 2024, a new sewer line at the foundation completed in 2025, new front entry and garage service doors, a new A/C unit installed in 2025 for Unit 517, a brand-new hot water heater installed in 2026, and a new A/C unit currently being installed for Unit 515. Outdoor amenities include a fenced backyard for Unit 515, while Unit 517 offers ample space to add fencing for additional privacy or pet-friendly use. The property combines strong rental appeal with durable updates and flexible living potential, making it a rare turnkey opportunity in today's market. One tenant is currently on a month-to-month lease while the other remains under lease agreement, offering flexibility for investors or future owner-occupants seeking income potential combined with comfortable, updated living spaces.

    Zillow last checked:

    Listing updated:

    Listed by:

    Robert Kroll 815-735-0749,

    808 Realty,

    Teresa Kroll,

    808 Realty

    Bought with:

    Kristy Garcia

    Coldwell Banker Realty

    Source: MRED as distributed by MLS GRID,MLS#: 12660003MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Electric, Baseboard
    Features
    • Windows: Screens
    • Basement: Crawl Space

    Property

    Parking
    • Total spaces: 1
    • Parking features: Garage Door Opener, Yes, Garage Owned, Attached, Garage
    • Attached garage spaces: 1
    • Has uncovered spaces: Yes
    Lot
    • Size: 10,018 Square Feet
    • Dimensions: 147 X 61
    Details
    • Additional structures: Shed(s)
    • Parcel number: 1104262070200000
    • Special conditions: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Brick
    • Foundation: Concrete Perimeter
    • Roof: Asphalt
    Condition
    • New construction: No
    • Year built: 1971

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Curbs, Sidewalks, Street Paved
    Location
    • Region: Lockport

    Financial & listing details

    • Annual tax amount: $8,685
    • Date on market: 5/28/2026
    • Listing terms: Cash
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    6/30/2026Sold$400,000+3.9%
    Source: MRED as distributed by MLS GRID #12660003 Report a problem
    6/2/2026Contingent$384,808
    Source: MRED as distributed by MLS GRID #12660003 Report a problem
    5/28/2026Listed for sale$384,808+46.9%
    Source: MRED as distributed by MLS GRID #12660003 Report a problem
    10/28/2022Sold$262,000
    Source: MRED as distributed by MLS GRID #11646717 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 60441

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Lockport Township High School
    • Middle: Lockport Township High School
    • High: Lockport Township High School
    • District: 205

    Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $400,200
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $400,200