O'Neil Property Group

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$699,900
5 Days On Site

1316 Argo Lane
Lockport, IL 60441

For Sale|Multi Family|Active Under Contract
8
Beds
4
Total Baths
County:
Will
Listing Courtesy of MRED as distributed by MLS Grid of Wirtz Real Estate Group Inc.
1316 Argo Lane1316 Argo Lane1316 Argo Lane1316 Argo Lane
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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.

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Listing Snapshot
PriceΒ 
$699,900
Days On SiteΒ 
5 Days
BedroomsΒ 
8
Inside Area (SqFt)Β 
N/A
Total BathsΒ 
4
Full BathsΒ 
N/A
Partial BathsΒ 
N/A
Lot SizeΒ 
N/A
Year BuiltΒ 
N/A
MLS NumberΒ 
12785781
StatusΒ 
Active Under Contract
Property TaxΒ 
$6,532.84
HOA/Condo/Coop FeesΒ 
N/A
Sq Ft SourceΒ 
N/A
Friends & Family
Recent Activity
3 days agoListing updated with changes from the MLS
3 days agoStatus changed to Active Under Contract
6 days agoListing first seen on site
General Features
ParkingΒ 
Off StreetParking Lot
Parking SpacesΒ 
5
Property Sub TypeΒ 
Multi Family
SewerΒ 
Public Sewer
Water SourceΒ 
Public
Interior Features
BasementΒ 
None
HeatingΒ 
Forced Air
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Exterior Features
Construction DetailsΒ 
BrickConcrete
RoofΒ 
Asphalt
Community Features
MLS AreaΒ 
Homer / Lockport
School DistrictΒ 
Lockport Township High School
TownshipΒ 
Lockport
Schools
School District
Lockport Township High School
Elementary School
Walsh Elementary School
Middle School
Oak Prairie Junior High School
High School
Lockport Township High School
Listing Courtesy of MRED as distributed by MLS Grid of Wirtz Real Estate Group Inc.



Based on information submitted to the MLS GRID as of 2026-10-29 12:08 PM UTC. 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.
Last checked: 2026-10-29 12:08 PM UTC
MRED DMCA Copyright Information Copyright Β© 2026 Midwest Real Estate Data LLC. All rights reserved.

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