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$699,900
8
beds
4
baths

1316 Argo Lane
Lockport, Illinois 60441

New / MLS #12785781 / Multiple Unit (2-4) / Lockport
Listing information updated 10/23/2026 at 8:03pm
ATTENTION INVESTORS! OUTSTANDING INCOME-PRODUCING OPPORTUNITY! This beautifully maintained and nicely updated four-unit building offers an exceptional opportunity to add a turnkey investment property to your portfolio! FULLY RENTED WITH IMPRESSIVE RENTAL INCOME and a strong history of long-term tenants, this property is an investor's dream! All four units have been thoughtfully updated and feature attractive kitchens with maple cabinetry and a full complement of appliances, beautifully appointed bathrooms with tile finishes, and the highly desirable convenience of IN-UNIT WASHERS AND DRYERS! Each unit is separately metered for gas and electric, providing added convenience and efficiency for property ownership. Plenty of off street parking. Pride of ownership shines throughout this well-cared-for building, offering an appealing combination of modern updates, established tenants, and excellent income potential. Whether you're a seasoned investor looking to expand your portfolio or seeking your first multi-unit investment, this is a fantastic opportunity to own a fully occupied, income-generating property! A RARE OPPORTUNITY TO ENJOY IMMEDIATE RENTAL INCOME FROM DAY ONE! Roof 12 years.
Exterior Type:
Brick,Concrete
Basement:
None
Beds Above Grade:
8
Heating System:
Gas, Forced Air, Indv Controls
Pool:
No
Age:
51-60 Years
Roof Type:
Asphalt
Parking Type:
Off Street,Side Apron,Parking Lot,Yes,Owned
Parking Spaces:
5
Room Count:
16
Water Front:
No
Square Feet:
N/A
Lot Size:
.25-.49 Acre
Tax Amount:
$6,532
Tax Year:
2025
Zip Code:
60441
City:
Lockport
County:
Will
School District(s):
92, 205
Elementary School:
Walsh Elementary School
Middle School:
Oak Prairie Junior High School
High School:
Lockport Township High School

Listing Office: Wirtz Real Estate Group Inc.

Listing Office Phone: 708.516.3050

Disclaimer: The data relating to real estate for sale on this website comes courtesy of Midwest Real Estate Data, LLC as distributed by MLS GRID. Real estate listings held by brokerage firms other than @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 10/23/2026 at 8:03pm. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some listings have been excluded from this website.

Lockport

Lockport, IL

Lockport is a growing community that remains committed to celebrating its storied past. The city leads the way in preserving and promoting the history of the Illinois and Michigan Canal Corridor and has one of the best-preserved canal sites in existence. The canal’s original warehouses still stand...
$374,062
Average Sale Price
42
Average Days On The Market
98%
Sales Prices VS. List Price
Data represents the community area’s average over the past 12 months. All information deemed reliable, but not guaranteed.
Map of 1316 Argo Lane, Lockport, IL 60441
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1316 Argo Lane, Lockport, IL 60441 is a multiple unit (2-4) currently listed at $699,900. 1316 Argo Lane features 8 Beds, 4 Baths. This multiple unit (2-4) has been listed on @properties Christie's International Real Estate since October 23rd, 2026. Nearby schools include Walsh Elementary School, Oak Prairie Junior High School, and Lockport Township High School.

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@properties Christie’s International Real Estate, the @properties Christie’s International Real Estate’s logo, and other various trademarks, logos, designs, and slogans herein are the registered and unregistered trademarks of At World Properties, LLC d/b/a @properties Christie’s International Real Estate.
Because At World Properties, LLC d/b/a @properties Christie’s International Real Estate and/or its owners have an interest in Proper Title, LLC, OriginPoint, A Rate Company, Christie’s International Real Estate, LLC, and Suburban Jungle, LLC, a referral to any of these entities may provide @properties Christie’s International Real Estate with a financial or other benefit. Working with @properties does not require you to use the services of any of these entities.
At World Properties, LLC and its subsidiaries do not discriminate against the use of Housing Choice Vouchers. Se Aceptan Vales de Elección de Vivienda.
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