Lockport Homes under $500,000

Welcome to Lockport, Illinois – a charming city nestled in Will County that beautifully blends small-town charm with modern conveniences. With its rich history dating back to the mid-1800s, Lockport is known for its picturesque landscapes and vibrant community spirit. The city’s historic downtown area boasts delightful shops, cozy cafes, and a variety of local eateries, making it a perfect spot for leisurely strolls or weekend outings.

Lockport is also well-connected, offering easy access to major highways and public transportation, making commuting to Chicago a breeze. Families will appreciate the top-rated schools and numerous parks that provide ample opportunities for outdoor activities. With events throughout the year, including festivals and farmers markets, there's always something happening in this friendly city.

For those looking to settle down in Lockport, you’ll be pleased to discover a range of homes available under $500,000. Whether you’re a first-time buyer, a growing family, or looking to downsize, Lockport offers a variety of charming single-family homes, townhouses, and condos that cater to diverse lifestyles and preferences. Many properties feature spacious yards, updated interiors, and are located in welcoming neighborhoods, making it easy to find your perfect fit.

Lockport is not just a place to live; it’s a community to thrive in. With its affordable housing options and a strong sense of belonging, you’ll find that Lockport is a wonderful place to call home. Come explore all that this delightful city has to offer!

Newest Lockport Homes under $500,000

$425,000

4 Beds ⋅ 4 Baths ⋅ 12782659 MLS ⋅ NEW Status

Investor and rehabber opportunity in Lockport! This brick split-level sits on a 47x158 lot with a spacious backyard and offers 4 bedrooms plus a 5th in the basement, 4 full bathrooms, a formal dining room, two separate living areas, a full basement, and an attached 2-car garage. The home needs a complete interior rehab and is priced accordingly. Roof and central AC were replaced in 2024. Served by Walsh Elementary, Oak Prairie Junior High, and Lockport Township High School. Property is being sold as-is, seller will make no repairs. Bring your contractor and your vision.

715 Lisdowney Drive, Lockport

$429,900

3 Beds ⋅ 3 Baths ⋅ 12775401 MLS ⋅ NEW Status

STUNNING 1887 VICTORIAN-REBUILT FROM THE STUDS UP! Vintage charm seamlessly meets modern luxury in this turnkey Victorian home, perfectly situated on a spacious 0.3-acre downtown corner lot. Boasting 1,952 SQFT of light-filled living space, this property underwent a comprehensive, total down-to-the-studs rehabilitation (2021). Interior Highlights: Vaulted ceilings with eye-catching exposed beams. Complete updates: all-new electrical, plumbing, cellulose insulation, fire-rated drywall, and high-efficiency HVAC. Designer kitchen featuring quartz countertops, oversized island with breakfast bar and premium finishes. Custom window blinds throughout and meticulous attention to detail. Exterior & Capital Upgrades: New roof and siding (2018) All new windows and doors (2018) Fully fenced private yard (2019) New detached heated and drywalled garage and concrete driveway (2020) new buried downspouts with gutter guards, Custom blinds. Classic covered front porch perfect for relaxation. Unbeatable Location & Amenities: Under 1 mile to the Lockport Metra station and Pace bus routes, across the street from I&M Canal trail. Located in top-rated school districts: Lockport Dist 91 and LTHS Dist 205. Unmatched combination of historic appeal, new structural systems, and modern convenience. Nothing to do but move right in!

504 S State Street, Lockport

$369,900

3 Beds ⋅ 2 Baths ⋅ 12781276 MLS ⋅ NEW Status

Welcome home to this beautifully updated, townhome-style condo offering the perfect blend of modern comfort, style, and peaceful surroundings! Featuring 3 spacious bedrooms and 2 full bathrooms, this move-in-ready home has been thoughtfully updated throughout. Enjoy peace of mind with major recent improvements, including a new roof (2025), Trex deck (2025), water heater (2025), and water softener (2025). Step outside onto your private Trex deck and take in the serene views of the pond and open nature preserve, the perfect setting for morning coffee, evening relaxation, or simply enjoying the beauty of nature. With scenic walking paths and parks just steps from your door, outdoor living is part of everyday life. Enjoy the privacy and feel of a townhome with the convenience of condo living. Beautifully updated, surrounded by nature, and ready for its next owner. This is one you won't want to miss!

16847 Ivy Lane Unit #16847, Lockport

$210,000

2 Beds ⋅ 1 Baths ⋅ 12781605 MLS ⋅ NEW Status

Opportunity awaits on this spacious double lot! This two-bedroom, one bath home offers a family room, kitchen, and heated addition with laundry and office space. Bring your ideas and a little TLC to make it your own. The fully fenced yard provides plenty of room to enjoy the outdoors, while the oversized 2.5-car garage offers ample parking and storage. Conveniently located near Dellwood Park, shopping, restaurants, schools, and interstate access.

421 North Avenue, Lockport

$450,000

3 Beds ⋅ 3 Baths ⋅ 12780075 MLS ⋅ NEW Status

A distinctive approach to luxury living awaits at 16862 W. Alpine Street in Lockport. This beautifully appointed three-bedroom, two-and-a-half-bath duplex with a fully finished basement offers the space and comfort of a single-family residence, complemented by sophisticated finishes, generous room proportions, and thoughtful details throughout. Built in 2019, the home combines contemporary design with an inviting, functional layout perfectly suited for everyday living and entertaining. A welcoming entry with contemporary lighting and attractive flooring introduces an open, inviting interior. At the heart of the home, the beautifully designed kitchen makes an immediate impression with dramatic, richly veined stone countertops, an expansive center island with seating, rich wood cabinetry, and a striking blue mosaic tile backsplash. Stainless steel appliances, a statement range hood, and elegant pendant lighting complement the space, while a built-in dedicated wine refrigerator (2024) provide thoughtful convenience for entertaining. Additional updates include a reverse osmosis water filtration system (2019), refrigerator (2021), garbage disposal (2024), wine refrigerator (2024), and microwave (2025), offering both style and everyday convenience. A powder room complete the downstairs. The generously proportioned primary suite offers an inviting retreat, distinguished by an elegant tray ceiling, crown molding, fresh paint, and a spacious walk-in closet with custom built-in organizers. The private ensuite bathroom features dual vanities, an oversized glass enclosed shower, and heated tile flooring, adding a touch of everyday luxury. Two additional bedrooms with a FULL hall bath offer flexibility for guests, a home office, or additional living space. Every closet in the home features custom organizers in place of traditional wire shelving, providing a level of thoughtful storage rarely found in attached residences. The fully finished basement adds exceptional versatility, offering generous space for entertaining, recreation, a home theater, or a fitness studio. Completed with drywall and electrical improvements in 2019 and updated flooring in 2025, this expansive lower level features recessed lighting and a contemporary painted exposed ceiling, creating a comfortable and adaptable extension of the home's living space. Outdoors, a concrete patio overlooks a beautifully maintained lawn surrounded by established landscaping and seasonal plantings with an irrigation system. Whether enjoying morning coffee, outdoor dining, or relaxing evenings, this inviting setting provides a natural extension of the interior living spaces. Additional updates include a washer and dryer (2021) and a new water heater installed in April 2026, offering added peace of mind. Beyond the residence, Lockport offers an appealing blend of historic charm, outdoor recreation, and modern conveniences. Explore the scenic Illinois & Michigan Canal Trail, with miles of walking and biking paths, or enjoy the natural beauty of Dellwood Park, Prairie Bluff Preserve, and the area's surrounding forest preserves. Historic downtown Lockport features locally owned restaurants, charming shops, art galleries, and cultural landmarks, including the Gaylord Building, Lincoln Landing, and the historic ROXY entertainment venue. Seasonal festivals, community gatherings, and recreational opportunities contribute to the vibrant local lifestyle, while convenient access to major roadways connects residents to surrounding communities and the greater Chicagoland area. Thoughtfully maintained, beautifully finished, and exceptionally versatile, 16862 W. Alpine Street brings together sophisticated design, everyday functionality, and the ease of luxury suburban living.

16862 W Alpine Street, Lockport

$399,900

4 Beds ⋅ 3 Baths ⋅ 12781284 MLS ⋅ NEW Status

HONEY STOP THE CAR!!!!!! COME TAKE A LOOK AT THIS BEAUTIFUL HOME IN LOCKPORT! This wonderful 2 story home offers 4 bedrooms, 3 full bathrooms on each level and a side driveway with a 2.5 car garage. Walking inside you will love the large open space, upgraded kitchen with quartz countertops, new stainless steel appliances, upgraded bathrooms, new flooring throughout and lots of closet space. The lower level offers a full finished basement offering extra space for entertaining, relaxing, or creating the perfect recreation area. Home sits on a deep lot with a new deck and large yard for kids to play. Home is minutes from schools, shopping, parks and expressways. Come take a look before its gone.

417 E 16Th Street, Lockport

$415,000

3 Beds ⋅ 3 Baths ⋅ 12778514 MLS ⋅ NEW Status

Welcome home to this beautiful, clean ranch offering approximately 1,500 square feet of comfortable living space, a partially finished basement, and a 0.24-acre lot. From the moment you enter, the spacious Living Room welcomes you with its vaulted ceiling, neutral carpeting, and recessed lighting. The Eat-in Kitchen offers plenty of room to prepare and enjoy meals, with stainless steel appliances, oak cabinetry, ample counter space, a peninsula with breakfast bar, table space, and a convenient closet pantry. The Primary Suite features a generously sized bedroom, walk-in closet with pocket door, and private bathroom with a step-in shower. The second and third bedrooms are also nicely sized. The third bedroom features French doors and a vaulted ceiling, making it a particularly versatile space that could also work well as a home office. The partially finished basement adds valuable flexibility with a large main room, full bathroom with step-in shower, and a separate workshop complete with workbench and built-in shelving. The utility room includes a washer and dryer, dual utility sinks, water softener, newer furnace (2020), and newer water heater (2022). The two-car garage is drywalled and painted and features a newer overhead door and opener, both replaced in 2022. Also included is a portable generator, shop vac attached to the wall, and mounted fan with remote control. Enjoy the convenience of being just minutes from historic downtown Lockport, I-355, shopping, dining, and everyday conveniences. Best of all, there is no HOA. A comfortable ranch with a practical floor plan, useful basement space, two-car garage, and a generous lot. Come see what this Lockport home has to offer.

1109 Michael Street, Lockport

$330,000

2 Beds ⋅ 3 Baths ⋅ 12771990 MLS ⋅ NEW Status

Beautifully Updated Townhome in Desirable Willow Walk! Built in 2003, this 2-bedroom, 2.5-bath townhome feels fresh and modern with extensive updates throughout. The stylish kitchen features quartz countertops, new stainless steel appliances, updated lighting, and a new patio sliding door. Remodeled bathrooms and a beautiful wood staircase add to the contemporary feel. The spacious layout includes a private primary suite, two comfortable bedrooms, and a versatile loft ideal for an office, family room, or additional living space. A 2-car garage provides added convenience. Enjoy the sought-after Willow Walk setting with easy access to shopping, dining, parks, schools, and major roadways. With a new roof, furnace, and A/C in 2023, this home is ready for you to simply move in and enjoy.

17664 S Alta Drive, Lockport

$349,000

3 Beds ⋅ 2 Baths ⋅ 12775716 MLS ⋅ NEW Status

This inviting 4-bedroom, 2-bath home offers comfortable living spaces, great outdoor amenities, and plenty of room to entertain. An expansive driveway leads to the convenient 2-car front-load garage, providing ample parking and storage. Step inside to a bright and welcoming interior featuring a well-appointed kitchen with white appliances, plenty of cabinetry, and a breakfast bar with seating. Perfect for casual meals or morning coffee. The family room addition offers a cozy fireplace, creating a warm and inviting gathering space. Spacious primary bedroom features a private ensuite bathroom, while the additional bedrooms offer flexibility for family, guests, a home office, or hobbies. A finished lower level provides even more living space for a recreation room, media area, or home gym. Convenient utility shower. Enjoy the outdoors on the large deck overlooking the fully fenced yard, complete with an above-ground pool. Ideal for summer entertaining, relaxing, and making memories. Private well and city sewer. Award winning Lockport School District and convenient to shopping and dining. Quick Chicago commute on I-355.

901 E 1St Street, Lockport

$285,000

5 Beds ⋅ 2 Baths ⋅ 12777307 MLS ⋅ ACTIVE Status

Space to spread out, room to make it your own, and a location that puts you near the heart of historic Lockport! This five-bedroom, two-bath home offers flexibility for everyday living, overnight guests, a home office, or whatever your next chapter calls for. A one-car heated garage adds practical convenience, while the nice yard offers room to garden, gather, or simply enjoy a little time outside. Inside, a first-floor bedroom and accessibility features, including ramps and grab bars, offer added convenience and flexibility. Hardwood floors in the upstairs bedrooms add potential warmth and character, while a whole-house fan adds to the home's functionality. The home could use some updating and finishing touches, giving the next owner an opportunity to bring their own taste and ideas to the spaces they'll use every day. Historic downtown Lockport's shops, dining and local attractions are nearby, along with the I&M Canal walking and biking trail. The Milne Grove and Kelvin Grove schools are also part of the surrounding community, adding to the local conveniences. Bring your ideas, roll up your sleeves, and help this home begin its next chapter.

215 E 4Th Street, Lockport

$379,900

3 Beds ⋅ 3 Baths ⋅ 12776162 MLS ⋅ ACTIVE Status

Discover this breathtaking townhome in Clover Ridge Subdivision-your dream home may finally be within reach. As you step inside, you're welcomed by soaring vaulted ceilings and a catwalk that overlooks the foyer and main living area. The spacious arched entryways create distinct areas in this sunlit open floor plan. With 2,300 sq ft of beautifully finished living space across three levels, this home is perfect for entertaining. The kitchen features newer white shaker cabinets, updated appliances, and quartz countertops, seamlessly connecting to a large dining room ideal for gatherings. The second-level master bedroom boasts a private bathroom and a walk-in closet, along with two additional generously sized bedrooms. The fully finished basement offers a vast recreational area and laundry room. Enjoy leisure time on the front porch or your private patio. The attached two-car garage provides convenient access to the kitchen for effortless living. Located just steps away from a charming community park and only minutes from Interstates 355 & 80, shopping, schools, and excellent dining options.

1244 Lacoma Drive, Lockport

$424,900

2 Beds ⋅ 2 Baths ⋅ 12772088 MLS ⋅ ACTIVE Status

Welcome to 16932 Balaton Court, a beautifully maintained Key West ranch in Lago Vista's sought-after 55+ active adult community. Located on a desirable cul-de-sac, this inviting 2-bedroom, 2-bath home offers an open, light-filled floor plan with comfortable living spaces and thoughtful upgrades throughout. Luxury vinyl plank flooring adds a beautiful, durable finish to the main living areas. The spacious kitchen features abundant cabinetry and counter space, stainless-steel appliances, and a large island with seating-perfect for everyday meals and entertaining. The adjacent eating area provides plenty of room for a table, plus additional space that can easily be used as a sitting area, reading nook, or flex space. The bright living room opens to the backyard through sliding glass doors. The generous primary suite features a large walk-in closet and private bath with dual sinks, a step-in shower, and linen closet. The second bedroom offers excellent space and a large wall closet, while the versatile den is ideal for a home office, craft room, or hobby space. The convenient laundry room includes upper cabinetry, ample storage, a utility sink, and washer and dryer. The heated and air-conditioned garage is a standout feature, complete with built-in cabinetry, additional storage, and an epoxy floor. Enjoy the privacy of the cul-de-sac setting and easy outdoor living with a large new concrete patio directly off the back door, creating the perfect space for relaxing or entertaining. Inside, custom window treatments and Hunter Douglas electronic shades add both style and convenience throughout the home. And when you're ready to socialize, Lago Vista offers an incredible resort-style lifestyle centered around its 21,000-square-foot clubhouse, featuring indoor and outdoor pools, fitness facilities, clubs, activities, and gathering spaces. Conveniently located near downtown Lockport, shopping, dining, parks, entertainment, and major highways. Whether you're looking to simplify, stay active, or enjoy a vibrant maintenance-free lifestyle, this beautiful ranch offers the perfect place to call home!

16932 Balaton Court, Lockport

Start Your Search

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than our company are marked with the MRED Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (the MRED logo) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The information being provided is 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.

Copyright 2026 MRED LLC. All rights reserved.

Based on information submitted to the MLS Grid as of . All data is obtained from various sources and has not been, and will not be, verified by broker or MLS Grid. 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.

NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the DMCA) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@theMLSGRID.com.

The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

Some listings have been excluded from this website.