https://www.ruhlmortgage.com/LawrenceDavis.html

1316 Argo Lane Lockport, IL 60441 • Multi Unit - Multiple • New

New
  • 1316 Argo Lane, Lockport, IL 60441 Main Photo

18 Photos

Description

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.

Property Highlights

Property Type: Multi Unit - Multiple

General Information

Bedrooms: 8
Bathrooms: 4
County: Will
High School: Lockport Township High School
Listed By:
Wirtz Real Estate Group Inc. 708-516-3050
MRED MLS
$699,900
Est. $4,856/mo
8beds
4baths
New to the Market New
BEDS8 BATHS4 full MLS#12785781
STATUSNew PROPERTY TYPEMulti Unit - Multiple SCHOOLDistrict 205

Get in Touch

Contact an agent to learn more about

1316 Argo Lane, Lockport, IL 60441.

Contact Form

Preferred Communication Method:

Mortgage Calculator

Call or Click to get Pre-Approved! 563-441-1862 toll free 866-441-1862

Customize Your Loan

Customize Your Rate

Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $699,900$699,900$699,900
Down Payment $139,980$24,497$174,975
Monthly Mortgage Amount $3,678$4,515$4,537
Taxes $974$974$974
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$308$0
Monthly Estimated Total $4,856$6,001$5,715

Customize Your Mortgage

Similar Listings For Sale Sold

Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 10/25/2026. The listing information on this page last changed on 10/25/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Sun 10/25/2026 12:00:18 AM EST) or MRED MLS (last updated Sat 10/24/2026 11:55:01 PM EST) or SCWMLS (last updated Sat 10/24/2026 11:55:29 PM EST) or Rockford Board of Realtors (NWIAR) (last updated Sat 10/24/2026 10:18:58 PM EST) or Cedar Rapids MLS (last updated Sat 10/24/2026 10:44:17 PM EST) or NEIRBR MLS (last updated Sat 10/24/2026 11:58:44 PM EST) or ICAAR MLS (last updated Sat 10/24/2026 11:37:27 PM EST) or ECIMLS (last updated Sat 10/24/2026 11:44:36 PM EST) or RMLSA (last updated Sat 10/24/2026 11:50:59 PM EST) or Muscatine MLS (last updated Sat 10/24/2026 11:45:14 PM EST) or No Coast MLS (last updated Sat 10/24/2026 11:54:23 PM EST). Real estate listings held by brokerage firms other than Ruhl&Ruhl Realtors may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

Listing data and photos distributed by MLSGRID
Member Participants (and their affiliated licensees, if applicable) shall indicate on their websites that IDX information is provided exclusively for consumers’ personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time. MLS GRID may, at its discretion, require use of other disclaimers as necessary to protect Member Participant, and/or their MLS from liability.
Based on information submitted to the MLS GRID. 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.



Privacy Policy / DMCA Notice / ADA Accessibility


Agent License Information: Licensed in IL

Login to My Homefinder