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Sold on 09/10/2023
Arthur Boyce of Boyce Real Estate

628 S State St, Lockport, IL 60441

$347,000

Last sold 09/10/2023 for $305K

  • 4

    bed

  • 3

    bath

Multi-family not for sale
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About 628 S State St

Property type Multi-family
Neighborhood
HOA fee $0/month
Lot size 0.25 Acre
Movoto estimate
Parking 2 garage spaces
Property description
a very nice 2unit building that is totally rented. the garage is rented out for $75.00 a month. the first floor has 2 bedrooms and 2 bathrooms. the 2nd floor has 2 bedrooms and 1 bathroom. This unit is close to downtown and train station. There is room to raise the rents. tenants pay the electric and landlord pays gas and water
Listed by
Listing Agent - Arthur Boyce
Listing Office - Boyce Real Estate
Source: MRED mls logo
MLS#11866748 • last updated 2 years ago
Movoto checked MRED for data 8 minutes ago
Overview
Heating Natural Gas
MLS # 11866748
SubType 2 Flat
Status Closed
Type Two To Four Units
Lot Size (Acres) 0.25
Property Tax $ 6319.86
Buyer Agent Commission 2.5%-395, % Of Net Sale Price
Interior
Basement Full
Add'l Room(s) Enclosed Porch
Total # of Rooms 10
Exterior
Foundation Concrete Perimeter
Roof Asphalt
Exterior Vinyl Siding
Garage Desc Garage Door Opener(s), Detached
# Garage Spaces 2
Parking Desc Assigned
# Parking Spaces 6
Lot Desc .25-.49 Acre, Corner Lot
Amenities / Utilities
Water Source Community Well
Other Equipment Water Heater-Gas
# Units in Building 2
Location
Area Homer / Lockport
County Will
Elementary School District 91
High School Lockport Township High School
Middle School District 91
High School District 205
APN 1104231500050000
Zoning MULTI
Directions 9TH ST TO STATE NORTH TO 628
Multifamily Details
Expense: Insurance 1358
Net Operating Income 14569
Gross Income 27900
Expense: Fuel 2026
Expense: Trash 588
Expense: Water/ Sewer 1452
Total Rental Income 27900
$347K
Range: $270K-$423K
Last 30 days 
  • Oct 2023
    mls logo MLS # 11866748
  • Oct 11, 2023 Sold
    $305,000
  • Sep 11, 2023 Active
    —
  • Sep 6, 2023 Listed
    $329,900 (+23.1%)
  • Oct 2023
    Public Records
  • Oct 11, 2023 Sold
    $305,000 (-7.5%)
  • Feb 2006
    Public Records
  • Feb 9, 2006 Sold
    $268,000
  • Year Property taxes Tax assessment
  • 2024
    $7,397 +4.4%
    $77,350
  • 2023
    $7,087 +6.7%
    $77,350 +7.2%
  • 2022
    $6,642 +7.6%
    $72,152 +6.41%
  • 2020
    $6,173 +4.9%
    $67,806 +9.09%
  • 2019
    $5,886 +5.6%
    $62,158 +8.17%
  • 2018
    $5,575 +7.5%
    $57,462 +10.16%
  • 2017
    $5,183 +5.7%
    $52,160 +8.41%
  • 2016
    $4,905 -10.9%
    $48,115
  • 2013
    $5,506
    —
  • 628 S State St
    $305K
  • Homer / Lockport
    —
  • 60441
    $435K +18% y/y
  • Lockport
    $436K +18% y/y
No chart available
Statistics calculated by Movoto

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7/10
Milne Grove Elementary School
public Grades PK, K-3
Lockport School District 91
6/10
Kelvin Grove Jr High School
public Grades 4-8
Lockport School District 91
Source: GreatSchools.org © 2026. All rights reserved.

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