Lockport Real Estate

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Lockport Real Estate & Homes for Sale in Illinois

The fascinating community of Lockport is located only a few miles southwest of Chicago. The city of Lockport is “steeped in the rich canal heritage of the 1800s” and offers a perfect mix of “quaint history and modern charm.” Lockport is easily accessible from interstates 80 and 55 and is less than 30 miles from both O’Hare International and Midway airports. Outdoor recreation is abundant, with 15 public golf courses, 12 public tennis courts, one country club, two health clubs, two public swimming pools and thirty-five parks encompassing 583 acres in the vicinity. History is rich in the form of sites such as the Gaylord Building – a National Historic Landmark – and the Pioneer Settlement, an open-air museum showcasing a collection of artifacts and structures. Students in Lockport have access to a number of fine schools. Real estate in Lockport is affordable and diverse, with everything from condominiums and townhouses to modest ranch-style single-family homes to sweeping Georgian estate properties available. Lockport offers little slices of heaven in the southwest suburbs of Chicago.

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Lockport Real Estate Info: Prices of Lockport Homes for Sale

The real estate market of Lockport is varied. Condominiums and townhouses are available from approximately $130,000 to more than $350,000, many featuring water frontage. Available amenities include central air conditioning, fireplaces, skylights, two-car garages, balconies, decks, storage buildings and scenic views. Single-family detached homes are available from under $100,000 to more than $1 million for large estate properties. Homes can be found in a variety of styles including Georgian, Mediterranean, ranch, farmhouse, traditional, Tudor, Victorian, English, contemporary and colonial. A number of quality amenities are available, including central air conditioning, fireplaces, skylights, whirlpool tubs, water frontage, coach houses, balconies, large lots, swimming pools, spas/hot tubs, sprinkler systems, workout rooms, boat dockage and security systems. Land and lots for custom homebuilding are readily available, and a few farm/ranch properties can also be found.

Lockport Real Estate Stats and Trends for the week of April 18th, 2020: homes priced around $266,875 compared to $264,783 the previous week, for a slight increase of less than +1%.  For Saturday, April 18th, the current national mortgage rate for a 30 year fixed mortgage is 4.51%; the 15 year fixed rate is at 3.90%. For a loan larger than conventional conforming loans, or 'jumbo' loan, the 30 year rate is 4.41%, while the 15 year jumbo rate currently is at 4.12%.

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