Active Under Contract
Multi family home for sale at 1316 Argo Ln, Lockport, IL 60441 | MLS# 12785781 | Listing updated on 2026-10-26
Photo 1 of Multi family home for sale at 1316 Argo Ln, Lockport, IL 60441 | MLS# 12785781 | Listing updated on 2026-10-26
Photo 2 of Multi family home for sale at 1316 Argo Ln, Lockport, IL 60441 | MLS# 12785781 | Listing updated on 2026-10-26
Photo 3 of Multi family home for sale at 1316 Argo Ln, Lockport, IL 60441 | MLS# 12785781 | Listing updated on 2026-10-26
Photo 4 of Multi family home for sale at 1316 Argo Ln, Lockport, IL 60441 | MLS# 12785781 | Listing updated on 2026-10-26
14+
Beds Icon

Street View

$699,900

Monthly Est:$3,484

  • Beds Icon8 Beds
  • Beds Icon
    4 Baths
  • Beds Icon--sqft

1316 Argo Ln, Lockport, IL 60441

$3,484/moEst:

Get Pre-Approved

  • Multi Family

  • Built in -

  • $-- HOA

  • -- sqft lot

  • --/sqft

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.

  • Houzeo last checked: 6 minutes ago
  • Listing updated: October 26, 2026 at 9:09 pm
  • Listing Provided by: Kimberly Wirtz (708) 516-3050 | Wirtz Real Estate Group Inc. (708) 516-3050
  • Source: MRED MLS-IL | MLS#: 12785781 MRED MLS-IL

Property Details

  • Status

    Active Under Contract

  • Type

    Multi Family

  • No. of Stories

    -

  • County

    Will County

  • City

    Lockport

  • Neighborhood

    --

  • Year Built

    -

  • HOA Fees

    -

  • Finished Area

    - sqft

  • Lot Size

    -- sqft lot

  • Basement Area

    - sqft

  • MLS Name

    MRED MLS

  • MLS Number

    12785781

  • MLS Status

    Contingent

  • Days on Market

    6

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Location

Facts & Features

Rooms

  • Bedrooms & bathrooms

    Bedrooms: 8

    Bathrooms: 4

Interior

  • Heating

    Gas, Forced Air, Indv Controls

  • Sewer

    Public Sewer

Construction

  • Year Built

    -

  • Home type

    Multi Family

  • Roof

    Asphalt

  • Construction Materials

    Brick, Concrete

Utilities & Energy

  • Basement

    None

  • Parking Features

    Off Street, Side Apron, Parking Lot, Yes, Owned

  • Water Source

    Public

Price History

DateEventPrice

10/26/2026

Source: mls_logoMRED MLS-IL #MRD12785781

Contingent (Active Under Contract)

$699,900

$0/sqft

10/23/2026

Source: mls_logoMRED MLS-IL #MRD12785781

Listed for Sale

$699,900 +47.38%

$0/sqft

08/14/2008

Source: mls_logoMRED MLS-IL #MRD06772020

Price Decreased

$474,900 -5.00%

$0/sqft

06/14/2007

Source: mls_logoMRED MLS-IL #MRD06445815

Listing Removed

$499,900

$0/sqft

This representation is based in whole or in part on data supplied by Midwest Real Estate Data, LLC through Oct 30, 2026, 10:45AM. Midwest Real Estate Data, LLC does not guarantee nor is it in any way responsible for its accuracy. Data maintained by Midwest Real Estate Data LLC may not reflect all real estate activity in the market.

Based on information submitted to the MLS GRID as of Oct 30, 2026, 10:45AM. All data is obtained from various sources and has not been, and will not be, 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. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. Some IDX listings have been excluded from this website. Information is provided exclusively for consumers’ personal non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID, MRED or Houzeo. The use of the MLS GRID Data may be subject to an end user license agreement. Properties displayed may be listed or sold by various participants in the MLS,

Listings courtesy of MRED as distributed by MLS GRID. ©2026 Midwest Real Estate Data LLC. All Rights Reserved

Advertising Broker: Jorge Romero | Realty One Group Inc.

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