551 E 3rd St, Lockport, IL 60441
Property image
Property image
OFF MARKET

551 E 3rd St
Lockport, IL 60441

Lockport Canal
  • 5 Beds
  • 2 Baths

$295,000

Trulia Estimate
as of Aug 13, 2026

$295,000

Trulia Estimate
as of Aug 13, 2026
5 Beds
2 Baths

Home Value

Trulia Estimate
$295K
Since last month
Decreased$14K (-4.7%)
Since last year
Increased$9K (+3.1%)
Since last sale
Increased$123K (+75.6%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +79% in the last 10 years
MonthEstimated value
2026
August 2026$286K
July 2026$294K
June 2026$300K
May 2026$296K
April 2026$289K
March 2026$299K
February 2026$277K
January 2026$283K
2025
2024
2023
2022
2021
2020

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
200 E 11th St, Lockport, IL
0.69
Multi-Family Home
$280,000
10/23/25
3
2
-
101 Market St, Lockport, IL
0.66
Multi-Family Home
$265,000
10/28/25
2
1.5
1,400
1111 S Lincoln St, Lockport, IL
0.62
Multi-Family Home
$375,000
10/22/25
4
2
-
327 S State St, Lockport, IL
0.51
Multi-Family Home
$311,000
12/18/25
3
3
-
118 E 11th St, Lockport, IL
0.72
Multi-Family Home
$299,999
04/28/26
3
2
-
1509-1511 East St, Lockport, IL
0.81
Multi-Family Home
$330,000
06/02/26
4
2
-
515 & 517 South Ave, Lockport, IL
0.88
Multi-Family Home
$400,000
06/30/26
4
2
-
1505 East St, Lockport, IL
0.82
Multi-Family Home
$280,000
06/02/26
2
2
-
1323 Highland Ave, Lockport, IL
1.00
Multi-Family Home
$261,000
07/27/26
3
1.5
1,276
1331 Highland Ave, Lockport, IL
0.98
Multi-Family Home
$270,000
12/05/25
3
1.5
1,400

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
E, Lockport, IL 60441
0.03
$264,100
3
2
1,296
Off Market
544 E 4th St, Lockport, IL 60441
0.06
$356,600
3
2
1,940
Off Market
209 Muehl Dr, Lockport, IL 60441
0.06
$361,200
3
2.5
1,300
Off Market
Address Not Disclosed, Lockport, IL 60441
0.06
$385,800
5
2
-
Off Market
540 E 4th St, Lockport, IL 60441
0.07
$329,800
3
1.5
1,620
Off Market
557 E 2nd St, Lockport, IL 60441
0.08
$375,000
3
2
1,392
Off Market
571 E 4th St, Lockport, IL 60441
0.07
$336,200
3
2
2,176
Off Market
523 E 3rd St, Lockport, IL 60441
0.08
$291,900
3
1
1,080
Off Market
555 E 4th St, Lockport, IL 60441
0.08
$328,000
2
2
1,800
Off Market
543 E 2nd St, Lockport, IL 60441
0.10
$330,300
3
1
1,920
Off Market
515 E 3rd St, Lockport, IL 60441
0.10
$292,500
2
1
2,160
Off Market
605 Gloria St, Lockport, IL 60441
0.11
$305,000
4
3
1,678
Recently Sold

Local Information

  • Map ViewExplore the area around 551 E 3rd St.
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Commute Destination

Home Highlights

Property Type
Multi-Family
Year Built
1900

About this House

This multi-family home is located at 551 E 3rd St, Lockport, IL. 551 E 3rd St is in the Lockport Canal neighborhood in Lockport, IL and in ZIP code 60441. This property has 5 bedrooms and 2 bathrooms. This property has a lot size of 6098 sqft and was built in 1900.
551 E 3rd St, Lockport, IL 60441 is a 5 bedroom, 2 bathroom multi-family in Lockport Canal, built in 1900. It last sold for $163,000 on Dec 30, 2020. It is currently off market. The Trulia Estimate is $295,000, with a rent estimate of $1,953/month.

Home Details for 551 E 3rd St

Interior Features

Interior Details
Basement
Heating & Cooling
Heating: Forced Air, GasHeating Fuel: Forced Air
Appliances & Utilities
DishwasherMicrowaveRefrigerator

Exterior Features

Exterior Home Features
Roof: Asphalt, Other
Parking & Garage
Parking Spaces: 4

Property Information

Year Built
Year Built: 1900
Property Type / Style
Property Type: Multi Family

Community

Units in Building: 2

Lot Information

Lot Area: 6098 sqft

Price and Tax history

DateEventPrice
Dec 30, 2020
Source: N/A
Sold
$163,000
Oct 26, 2020
Source: Agent Provided
Pending
$169,750
Oct 26, 2020
Source: Agent Provided
Listed For Sale
$169,750
Aug 17, 2020
Source: Agent Provided
ListingRemoved
$169,750
Aug 8, 2020
Source: Agent Provided
Listed For Sale
$169,750

Market trends in Lockport

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$357K
$9.17KMoM
Sale-to-List Price
100.0%
0.1%MoM
Price per sq ft
$220
$0MoM
Available listings
83
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Around this home

Neighborhood Overview

Lockport Canal
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Lockport Canal

At least 23 Trulia users voted on each feature.

  • 91 % Say it's dog friendly

  • 89 % Say there are sidewalks

  • 81 % Say parking is easy

  • 78 % Say there's holiday spirit

  • 75 % Say people would walk alone at night

  • 71 % Say it's walkable to restaurants

  • 70 % Say car is needed

  • 70 % Say yards are well-kept

  • 63 % Say it's walkable to grocery stores

  • 62 % Say they plan to stay for at least 5 years

  • 61 % Say there's wildlife

  • 61 % Say neighbors are friendly

  • 50 % Say kids play outside

  • 48 % Say streets are well-lit

  • 47 % Say it's quiet

  • 31 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Luis R.
    "From the city to the suburbs I honestly could say I love this neighborhood! People are kind, and our nearest Walmart is just a 3 minute drive away! This place is honestly amazing!"
    2
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Apartments for Rent

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Explore by feature - Pet Friendly

14 pet-friendly rentals in Lockport, IL

Explore by feature - Garage

8 rentals with a garage in Lockport, IL

Explore by feature - Air Conditioning

17 rentals with air conditioning in Lockport, IL

Explore by feature - Washer/dryer

12 rentals with a washer/dryer in Lockport, IL

Homes for sale near 551 E 3rd St

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Off Market Homes Near 551 E 3rd St

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Frequently asked questions about 551 E 3rd St

  • What is 551 E 3rd St estimated to be worth?
    Trulia's estimated value for 551 E 3rd St in Lockport, IL is $295,000.
  • What is the price history for 551 E 3rd St?
    551 E 3rd St in Lockport, IL last sold for $163,000 in December 2020.
  • Is Lockport a buyer's or seller's market?
    Lockport is currently a balanced market, based on recent for-sale activity.
  • What's the median sale price in Lockport?
    The median sale price in Lockport is $357K. That is up $9.17K from the prior month.
  • Does 551 E 3rd St have parking?
    Yes, 551 E 3rd St in Lockport, IL has on-site parking.