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

$316,300

Trulia Estimate
  • 3 Beds
  • 1 Bath
  • 2,116 sqft

551 E 3rd St, Lockport, IL 60441

Lockport Canal
Est. Refi. Payment $2,390/mo*
Refinance Your Home
Currently Off Market - Sold Nov 13, 2012 for $51,000

Home Value

Trulia Estimate
$316K
Since last month
Decreased$10K (-3%)
Since last year
Increased$17K (+5.8%)
Since last sale
Increased$265K (+520.2%)
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 +73% in the last 10 years
MonthEstimated value
2026
September 2026$316K
August 2026$326K
July 2026$327K
June 2026$331K
May 2026$326K
April 2026$321K
March 2026$316K
February 2026$302K
January 2026$307K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

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
608 Gloria St, Lockport, IL
0.14
Single-Family Home
$380,300
09/21/26
3
2
1,900
530 E 3rd St, Lockport, IL
0.08
Single-Family Home
$300,000
09/11/26
2
1
1,230
529 Heritage Ln, Lockport, IL
0.15
Single-Family Home
$325,000
12/29/25
3
3
1,518
605 Gloria St, Lockport, IL
0.11
Single-Family Home
$305,000
02/13/26
3
3
1,680
134 S Jefferson St, Lockport, IL
0.25
Single-Family Home
$191,000
03/19/26
2
1
864
520 S Jefferson St, Lockport, IL
0.28
Single-Family Home
$295,000
07/02/26
3
2
1,275
940 McKinley Ct, Lockport, IL
0.41
Single-Family Home
$280,000
09/09/26
3
1
900
544 E 2nd St, Lockport, IL
0.13
Single-Family Home
$345,000
04/20/26
2
2
1,100
930 E 8th St, Lockport, IL
0.34
Single-Family Home
$339,000
12/19/25
3
2
1,300
1112 S Jefferson St, Lockport, IL
0.65
Single-Family Home
$275,000
04/13/26
3
1
1,582

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
551 E 3rd St, Lockport, IL 60441
0.00
$298,700
5
5
-
Off Market
551 E 3rd St, Lockport, IL 60441
0.00
$292,900
5
2
-
Off Market
551 E 3rd St, Lockport, IL 60441
0.00
$208,200
4
1
-
Off Market
553 E 3rd St, Lockport, IL 60441
0.01
$290,800
Studio
1
1,036
Off Market
549 E 3rd St, Lockport, IL 60441
0.01
$278,000
3
1
1,248
Off Market
547 E 3rd St, Lockport, IL 60441
0.02
$265,900
2
1
848
Off Market
555 E 3rd St, Lockport, IL 60441
0.02
$293,100
Studio
1
1,120
Off Market
545 E 3rd St, Lockport, IL 60441
0.03
$287,200
3
1
1,140
Off Market
545 E Three Road St, Lockport, IL 60441
0.03
-
-
-
-
Off Market
560 E 4th St, Lockport, IL 60441
0.03
$311,900
3
2
1,588
Off Market
Address Not Disclosed, Lockport, IL 60441
0.03
$266,000
3
2
1,296
Off Market
566 E 4th St, Lockport, IL 60441
0.03
$323,000
3
2
1,010
Off Market
580 E 4th St, Lockport, IL 60441
0.04
$264,300
3
1
1,076
Off Market
554 E 4th St, Lockport, IL 60441
0.04
$226,400
2
1
872
Off Market
543 E 3rd St, Lockport, IL 60441
0.04
$308,500
3
2
1,500
Off Market
554 E 3rd St, Lockport, IL 60441
0.04
$233,700
2
1
672
Off Market
556 E 3rd St, Lockport, IL 60441
0.04
$324,200
3
2
1,196
Off Market
552 E 3rd St, Lockport, IL 60441
0.04
$269,200
2
1
1,040
Off Market
301 Muehl Dr #11, Lockport, IL 60441
0.04
-
2
1
800
Off Market
301 Muehl Dr #7, Lockport, IL 60441
0.04
$444,900
2
1
750
Off Market

Local Information

  • Map ViewExplore the area around 551 E 3rd St.
  • Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1949
2,116 sqft
$149/sqft
Garage

About this House

This property is now under auction terms. Pre-sale bid should be submitted on website. This property is subject to a 5% buyer's premium pursuant to the Auction Terms & Conditions (minimums may apply). Please contact the listing agent for commission and details, as commissions may change between the pre-sale and auction periods. This is a reserve auction and all offers are subject to seller approval. Ple
551 E 3rd St, Lockport, IL 60441 is a 3 bedroom, 1 bathroom, 2,116 sqft single-family home in Lockport Canal, built in 1949. It last sold for $51,000 on Nov 13, 2012. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $316,300, with a rent estimate of $2,462/month.

Home Details for 551 E 3rd St

Interior Features

Levels, Entrance, & Accessibility
Stories: 1
Interior Details
Number of Rooms: 6
Heating & Cooling
Air Conditioning
Fireplace & Spa
Fireplace

Property Information

Year Built
Year Built: 1949
Property Type / Style
Property Type: Single Family Home

Exterior Features

Parking & Garage
GarageParking: Garage Attached

Community

Units in Building: 1

Lot Information

Lot Area: 6534 sqft

Price and Tax history

DateEventPrice
Nov 13, 2012
Source: MRED as distributed by MLS GRID #08180568
Sold
$51,000
Oct 9, 2012
Source: Agent Provided
PriceChange
$15,000
Price decreased by 78%
Sep 30, 2012
Source: Agent Provided
PriceChange
$69,000
Price increased by 360%
Sep 25, 2012
Source: Agent Provided
PriceChange
$15,000
Price decreased by 21%
Sep 21, 2012
Source: Agent Provided
PriceChange
$19,000
Price decreased by 72%

Market trends in Lockport

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$361K
$4KMoM
Sale-to-List Price
99.8%
0.2%MoM
Price per sq ft
$214
$6MoM
Available listings
83

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
    Flag

LGBTQ Local Legal Protections

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 $316,300.
  • What is the price history for 551 E 3rd St?
    551 E 3rd St in Lockport, IL last sold for $51,000 in November 2012.
  • 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 $361K. That is up $4K from the prior month.
  • How big is the lot at 551 E 3rd St?
    The lot at 551 E 3rd St in Lockport, IL is about 0.17 acres (7,600 sq ft).
  • Does 551 E 3rd St have a garage?
    Yes, 551 E 3rd St in Lockport, IL has a garage.

Explore by feature - Pet Friendly

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Explore by feature - Garage

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Explore by feature - Washer/dryer

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Apartments for Rent

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Off Market Homes Near 551 E 3rd St

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