January 24, 2025 – Anthony Spangler and Thomas Shanley of Horvath & Tremblay has successfully completed the sale of a four unit multi-family property in Lockport, Illinois. Horvath & Tremblay exclusively represented the seller to complete the transaction at a sale price of $620,000.
The multi-family property is located at 213 Robson Drive in Lockport, Illinois. The Property is improved by a two-story building and contains four (4) 2-Bedroom/1-Bathroom residential units with 4,000 square feet of living area in 5,000 square feet of total area on a 0.2-acre corner parcel of land. The Property features on-site parking for eight (8) vehicles. The Property is situated at the intersection of Robson Drive and Highland Avenue in the center of Lockport. The Property is surrounded by dense residential neighborhoods and is 500 feet from W 159th Street (IL Route 7), a primary commuter road, and 0.3-miles from Farrell Road, the area’s primary commercial corridor. The location offers convenient access to grocers, restaurants, retail amenities, and outdoor activities. 213 Robson Drive is ideally positioned for commuters with quick and convenient access to public transportation including Metra commuter rail service on the Heritage Corridor line, bus service on the Pace bus line, as well as Interstate 355. Lockport is a city in Will County, 30 miles southwest of the Chicago Loop and offers convenient access to the city via Interstates and public transit.
Horvath and Tremblay is one of the most active and successful Investment Real Estate Brokerage firms in the United States. Their advisors specialize in the sale of apartment buildings, mixed-use properties, and development projects. They have experience successfully structuring portfolio sales and 1031 exchanges. They have a dedicated buy side desk that provides real time inventory and market data to each individual client placing capital or fulfilling a 1031 exchange requirement. The firm is dedicated to being the best source of information and expertise in the marketplace for private investors, developers, institutions, and industry professionals.