501 E Division Street
Lockport, IL 60441
- 2 beds
- 1 bath
- 900 sqft
- 10,085 sqft lot
- $222 per sqft
- – on site
Discover the potential in this charming 2 bedroom, 1 bath home situated on a huge corner lot. This hidden gem offers incredible potential for the first time buyer or for those looking to invest in a property with character. With some TLC and modern updates this home could be your dream home. Home features a cozy front porch that overlooks a great yard perfect for outdoor entertaining, gardening or just relaxing. Also features a basement that could easily be finished for additional living space. Large eat in kitchen has a large pantry and all appliances. Master bedroom features a walk in closet! Additionally the large 2 car detached garage offers plenty of space for cars but also potential for lots of storage. Roof is approximately 12 years old! Close to I355 and I55 for easy commutes. Close to all Lockport schools, parks and downtown area. Schedule your showing today and envision the possibilities. Home is being sold " AS IS".
Last checked:
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Last updated Mar 15, 2025
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MLS# 12311741 —
The Building
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Rebuilt:No
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New Construction:false
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Architectural Style:Ranch
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Roof:Asphalt
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Basement:Partial
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Disability Access:No
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Living Area Source:Assessor
Interior
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Room Type:Pantry
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Rooms Total:4
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Interior Features:Hardwood Floors
Room Dimensions
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Living Area:900
Location
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Directions:Farrell Rd to Division west to home. Home on corner please park in driveway
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Location:28520
The Property
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Parcel Number:1104262000200000
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Property Type:Residential
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Location:A,D
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Lot Features:Corner Lot, Fenced Yard
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Lot Size Dimensions:126.7X79.6
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Waterfront:false
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Additional Parcels:false
Listing Agent
- Contact info:
- Agent phone:
- (708) 288-7871
- Office phone:
- (708) 429-4300
Taxes
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Tax Year:2023
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Tax Annual Amount:4691
Beds
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Bedrooms Total:2
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Bedrooms Possible:2
Baths
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Baths:1
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Full Baths:1
The Listing
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Special Listing Conditions:None
Heating & Cooling
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Heating:Baseboard
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Cooling:Wall Unit(s)
Utilities
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Sewer:Public Sewer
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Water Source:Public
Appliances
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Appliances:Range, Dishwasher, Refrigerator, Washer, Dryer, Water Softener Owned
Schools
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Elementary School:Taft Grade School
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Elementary School District:90
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Middle Or Junior School:Taft Grade School
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Middle Or Junior School District:90
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High School:Lockport Township High School
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High School District:205
The Community
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Community Features:Sidewalks, Street Lights, Street Paved
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Association Fee Includes:None
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Association Fee Frequency:Not Applicable
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Master Assoc Fee Frequency:Not Required
Parking
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Parking Total:2
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Garage Type:Detached
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Garage Spaces:2
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Garage Onsite:Yes
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Garage Ownership:Owned
Monthly cost estimate

Asking price
$199,900
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$1,070
|
Taxes | $390 |
Insurance | $54 |
Utilities | N/A |
Total | $1,514/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
3/15/25
Mar 15, 2025
|
Listed / Active | MRED | $199,900 | 122.1% (9.8% / YR) |
10/16/12
Oct 16, 2012
|
MRED | $90,000 |

40% of nearby similar homes sold for over asking price
Similar homes that sold in bidding wars went $5k above asking price on average, but some went as high as $35k over asking price.