$314,900
●
House -
In Contract
17576 Gilbert Drive
Lockport, IL 60441
2 Beds
2 Baths,
1
Half Bath
1,392 Ft²
$2,267
Est. Monthly
$218
HOA / Fees
About This Property
Move right into this beautifully updated two-story townhome in the
desirable Willow Walk community. The open main level features
all-new flooring, recessed lighting, fresh Sherwin-Williams Emerald
paint throughout, and an updated kitchen with painted 42" oak
cabinets, quartz countertops, designer backsplash, breakfast bar,
and a full suite of Samsung appliances, including the washer and
dryer. Upstairs offers a spacious loft overlooking the living
room, a generous primary suite, a second bedroom, and all-new
carpet with premium padding throughout. Additional updates include
recessed lighting on the second floor, new ceiling fans, 6"
baseboards on the first floor, a Google Nest thermostat, painted
garage, a new 2.5-ton Goodman A/C with coil replacement (2025), and
a new 40-gallon A.O. Smith water heater (2026). Enjoy the parks,
walking trails, and scenic ponds that make Willow Walk such a
desirable community. With extensive cosmetic updates and major
mechanical improvements already completed, this home offers
exceptional value and peace of mind for years to come.
Unit Size
1,392 Ft²
Days on Market
-
Land Size
-
Price per sqft
$226
Property Type
House
Property Taxes
$502
HOA Dues
$218
Year Built
-
Listed By
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Property Highlights
Garage
Air Conditioning
Parking Details
Has Garage
Has Open Parking
Parking Features: Asphalt, Garage Door Opener, Garage, Attached, Driveway, Yes, Owned
Garage Spaces: 2
Interior Details
Half Bathrooms: 1
Full Bathrooms: 2
Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
Flooring Type: Laminate
Laundry Features: Gas Dryer Hookup, In Unit
Rooms: 6
Basement: None
Exterior Details
Square Footage: 1392
Square Footage Source: $0
Year Built: 2003
Other Structures: None
Construction Materials: Vinyl Siding, Brick
Patio and Porch Features: Patio
Lot Features: Level, Mature Trees
Lot Size Dimensions: 60X161
Water Source: Public
Financial Details
Tax Annual Amount: $6,026
Utilities Details
Cooling Type: Central Air
Heating Type: Natural Gas, Forced Air
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Insurance, Maintenance Grounds, Snow Removal
HOA Fee: $218
HOA Fee Frequency: Monthly
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Lockport
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Listed by: Aysha Hackert, Compass
Data Source: MRED, MLS# MRD12731456
All data is obtained from various sources and may not have been verified by broker or MLS GRID. 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 IDX listings have been excluded from this website.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
Data Source: MRED, MLS# MRD12731456
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