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Eric Marcus

[email protected] +1(773) 732-9898

$ 299,900

Est. payment -/mo

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218 Hughes AVE Lockport, IL 60441

4 Beds

2 Baths

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12591330

Bedrooms 4

Annual Tax Amount $4,700

Tax Year 2024

Lot Dimensions 120x38

Property Sub-Type Two to Four Units

Property Description

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.

Location

State IL

County Will

Area Homer / Lockport

Body of Water 2 UNITS

Rooms

Basement Unfinished, Crawl Space, Partial

Interior

Heating Natural Gas, Forced Air

Equipment Ceiling Fan(s)

Fireplace N

Exterior

Community Features Street Lights, Street Paved

Roof Type Asphalt

Building

Dwelling Type Two to Four Units

Building Description Vinyl Siding, Yes

Sewer Public Sewer

Water Public, Shared Well

Structure Type Vinyl Siding

New Construction false

Schools

Elementary Schools Fairmont School

Middle Schools Fairmont School

High Schools Lockport Township High School

School District 89 , 89, 205

Others

Ownership Fee Simple

Special Listing Condition None

Listed by Robert Miller of Vylla Home

NEARBY SCHOOLS & PROPERTIES

Eric Marcus

Broker

+1(773) 732-9898

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Chicago, IL

Eric Marcus

218 Hughes AVE Lockport, IL 60441

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOLS & PROPERTIES

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218 Hughes AVE