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14400 S Archer Avenue

Lockport, IL 60441
  • $299,900
  • STATUS: Active
  • ON SITE: 121 Days
  • MLS #: 12498966
UPDATED: 124 min ago
$299,900
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1971
County:
Area:

School Ratings & Info

Description

Fantastic investment or owner-user opportunity in booming Lockport! This well-maintained 3-unit commercial building is ideally located near I-355 and downtown, offering excellent visibility and accessibility. Each unit features approximately 456 sq. ft. plus bonus storage space-perfect for small businesses, professional offices, or service providers. The property sits on a generous lot with a large backyard-ideal for future expansion or outdoor workspace. Ample parking and low operating costs make this an attractive, easy-to-manage investment. Additional Information has: Updates list, Survey, Well/Septic Location Note the lot only goes up to the well location on the south of the building. The rest of the parking lot is owned and shared by the owner of the house/office next door. If available-which is quite often you are able to use it also. Recent improvements include: * Roof - 5 years * Windows - 3 years * Parking lot - 6 years * Exterior tuckpointing & painting - 7 years * Electrical panels - 10 years * Unit 3 furnace - 3 years With a private well and septic system, you'll enjoy no water or sewer bills, and the low property taxes add to the value. Flexibility abounds-use one or more units for your own business, lease all three for strong cash flow, or open up interior walls to create larger configurations. Current occupancy: * Unit 1 - tenant moving out Dec. 1 * Unit 2 - vacant * Unit 3 - month-to-month Two units are also available for rent at $850/month each (MLS #12493463). Local commercial acre lots are selling around $400,000, highlighting the area's appreciation potential. Whether you're a first-time investor or seasoned owner, this property offers stability, growth potential, and flexibility. The owner/agent is easy to work with-schedule your showing today and seize this outstanding opportunity!

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© 2026 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively 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 is deemed reliable but is not guaranteed accurate by MTP, MRED or @properties. Based on information submitted to the MRED as of 2026-02-16T23:03:26.233 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED 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. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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14400 S Archer Avenue Lockport, IL 60441

  • Price: $299,900
  • Status: Active
  • On Site: 121 Days
  • Updated: 124 min ago
  • MLS #: 12498966
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1971
Built
Neighborhood:
Will
County:
Will
Area:
Will
Property Description
Fantastic investment or owner-user opportunity in booming Lockport! This well-maintained 3-unit commercial building is ideally located near I-355 and downtown, offering excellent visibility and accessibility. Each unit features approximately 456 sq. ft. plus bonus storage space-perfect for small businesses, professional offices, or service providers. The property sits on a generous lot with a large backyard-ideal for future expansion or outdoor workspace. Ample parking and low operating costs make this an attractive, easy-to-manage investment. Additional Information has: Updates list, Survey, Well/Septic Location Note the lot only goes up to the well location on the south of the building. The rest of the parking lot is owned and shared by the owner of the house/office next door. If available-which is quite often you are able to use it also. Recent improvements include: * Roof - 5 years * Windows - 3 years * Parking lot - 6 years * Exterior tuckpointing & painting - 7 years * Electrical panels - 10 years * Unit 3 furnace - 3 years With a private well and septic system, you'll enjoy no water or sewer bills, and the low property taxes add to the value. Flexibility abounds-use one or more units for your own business, lease all three for strong cash flow, or open up interior walls to create larger configurations. Current occupancy: * Unit 1 - tenant moving out Dec. 1 * Unit 2 - vacant * Unit 3 - month-to-month Two units are also available for rent at $850/month each (MLS #12493463). Local commercial acre lots are selling around $400,000, highlighting the area's appreciation potential. Whether you're a first-time investor or seasoned owner, this property offers stability, growth potential, and flexibility. The owner/agent is easy to work with-schedule your showing today and seize this outstanding opportunity!
Exterior Features

Frontage Type City Street Roof Structure Flat

Interior Features

Cooling Wall Sleeve Heat Ventilation Forced AirGas Number Of TLDocks 0

Property Features

Additional Parcels YN Yes Association Fee Frequency Not Applicable Building Area Total 1370 Business Type Retail Electric Circuit BreakersService - 0 to 100 Amps Fire Protection None Gross Income 30600 Leasable Area 1470 Location Mixed Use Area Mls Actual Status Active Net Operating Income 23000 Number Of Tenants 3 Property Offered For Sale or Rent Rental Price 22 Tax Annual Amount 4100 Tax Year 2024 Tenant Pays Air ConditioningElectricityHeatRepairs Total Monthly Income 2550 Township Lockport Type Retail/Stores Zoning COMMR

Listing information © 2026 Midwest Real Estate Data LLC.
Listing provided courtesy of eXp Realty: 888-574-9405.


© 2026 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively 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 is deemed reliable but is not guaranteed accurate by MTP, MRED or @properties. Based on information submitted to the MRED as of 2026-02-16T23:03:26.233 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED 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. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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