See Home Value
Lockport 60441
1224 Madison Street
$255,000
● House - Off Market

1224 Madison Street

Lockport, IL 60441
bedrooms
4 Beds
bathrooms
2 Baths
$1,629
Est. Monthly
14.70%
Cap Rate

About This Property

Charming older 4-bedroom, 2-bathroom home located just moments from downtown! This property features beautiful hardwood flooring throughout, adding warmth and character. With a spacious layout and a full unfinished basement, there's plenty of potential to make it your own. The 1.5-car detached garage offers additional parking and workspace. The current owner has enjoyed this home for many years. While the property could benefit from some updates, it's a great opportunity to bring your vision and make it your own. Don't miss this opportunity to add your personal touch in a fantastic location!
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$377
HOA Dues
-
Year Built
-

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Last updated: 2 years ago (MRED MLS #12172185)

Price History

Date / Event Date Event Price
Jan 23, 2025 Sold
Sold
Nov 23, 2024 In contract -
In contract
Nov 19, 2024 Relisted $265,000
Relisted
Nov 19, 2024 Price Decreased $255,000
↓ $10K (3.8%)
Price Decreased
Nov 11, 2024 In contract -
In contract
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Property Highlights


Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,665
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WILLIAM J DENTON
  • Land Acres: 0000000130
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 14 BLOCK 155 (EX N 80 FT) IN WM J DENTON OF LOCKPORT PROPER BLKS 154 155, BEING A SUB OF PRT PF THE W1/2 OF THE SE1/4 OF

Neighborhood

  • School District Name: Lockport Township High School District 205
  • Census Tract: 880602

Geography

  • Parcel: 11-04-23-413-016
  • Block: 15
  • Lot: 14
  • Meridian: SEC 23 TWN 36N RNG 10E
  • Municipality: LOCKPORT
  • Latitude: 41.5838
  • Longitude: -88.0531

    Address

  • Full Address: 1224 Madison St
  • Address - House Number: 1224
  • Address - Street Name: Madison
  • Address - Suffix Type: St
  • State: IL
  • City Name: Lockport
  • Carrier Code: C021
  • 4-Digit Zip Code: 3561
  • Zip Code: 60441

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $486,440
  • Tax Rate Code Area: 1112

    Appraisal Valuation

  • Standard Deviation: 0.1151
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 87
  • Final Value: 247,403
  • High Value: 275,885
  • Low Value: 218,922

    Market Valuation

  • Market Total Value: $191,520
  • Market Land Value: $46,134
  • Market Improvement Value: $145,386

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $63,840
  • Assessed Land Value: $15,378
  • Assessed Improvements Value: $48,462

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Lockport


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Frequently Asked Questions

When was property at 1224 Madison Street built and last sold?
The property at 1224 Madison Street was built in and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 1224 Madison Street is $257,550.
What are some comparable homes to 1224 Madison Street?
There are currently no comparable homes to 1224 Madison Street.