218 Hughes Avenue, Lockport, IL 60441
Local realty services provided by:Results Realty ERA Powered
218 Hughes Avenue,Lockport, IL 60441
$299,900
- 4 Beds
- 2 Baths
- - sq. ft.
- Multi-family
- Pending
Listed by: robert miller
Office: vylla home
MLS#:12591330
Source:MLSNI
Price summary
- Price:$299,900
About this home
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....
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Home facts
- Listing ID #:12591330
- Updated:May 07, 2026 at 02:28 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:2
- Full bathrooms:2
- Rooms Total:10
- Basement:Yes
- Basement Description:Partial, Unfinished
Heating and cooling
- Heating:Forced Air, Natural Gas
Structure and exterior
- Roof:Asphalt
Schools
- High school:Lockport Township High School
- Middle school:Fairmont School
- Elementary school:Fairmont School
Utilities
- Water:Public, Shared Well
- Sewer:Public Sewer
Finances and disclosures
- Price:$299,900
- Tax amount:$4,700 (2024)
Features and amenities
- Amenities:Ceiling Fan(s)
Parking
- Total parking spaces:4
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