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Springs at Lockport Apartments apartments in Lockport, IL

Updated

Springs at Lockport Apartments

16551 W. Springs Circle, Lockport, IL 60441

Live pricing, refreshed

66
Units Listed
$1,668
Starting at
$2,438
Average
$3,225
Highest
$2.33
Per Sq Ft

How does this compare? View Lockport, IL rent trends

Rent Distribution

Price Breakdown

Rent by Unit

Price vs. Square Footage

Price History

Window

Property Price Trend

Units with Price Changes (43)

Estimated Building Revenue

How is this calculated?

Rental revenue model

We follow each unit's listing activity at this building every day. When a unit stops being listed, we assume it leased at its last listed rent, adjusted for any advertised move-in special. Revenue is the sum of those assumed lease rents across the building's occupied units.

  • Building size: modeled from how many distinct units we have observed over time
  • Occupancy: building size minus currently listed units
  • Rents: observed lease-offs first, current asking rents as fallback

These are research estimates, not financial statements from the operator. Confidence: moderate (building size is modeled).

Est. Monthly Revenue

$2.1M

$26M annual run rate

Modeled estimate

Est. Occupancy

93%

of about 948 units (modeled from leasing activity)

Effective Rent on New Leases

$2,426

vs $2,432 current asking ($6 negotiation gap)

Recent Lease Activity

158 units tracked; 91 assumed leased, 67 listed now

See which units leased, when they left the market, and the rent they leased at.

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Property Intelligence

How is this calculated?

Negotiation Leverage Score (0-100)

Based on 5 observable signals from the property's listing data:

  • +30 pts: 15+ units currently listed
  • +25 pts: Active move-in specials
  • +20 pts: Deep discounts (>$150/mo off)
  • +15 pts: 5+ distinct floor plans
  • +10 pts: 25+ units listed

All signals come directly from the property's own listings. Occupancy and building size appear only in the Estimated Building Revenue section, and only when the building size is stated by the property or our unit-level observation history is deep enough to model it.

Listed Units

66

Very high availability

22 floor plans

Move-in Specials

0

No active promotions

Negotiation Leverage

Moderate leverage

Some signals suggest room to negotiate, especially if you can be flexible on move-in date.

Price vs. Lockport, IL

Citywide
Springs at Lockport Apartments
$1,668
Redwood Lockport
$2,837

Showing citywide comparison (not enough Lockport, IL properties tagged with "Lockport 60441" for a local match). Click any bar to view that building.

Available Units

66 units
Studio 306
$1,668/mo
650 ft² · $2.57/ft\u00B2 · #77
Studio 201
$1,763/mo
662 ft² · $2.66/ft\u00B2 · #55
Studio 201
$1,813/mo
662 ft² · $2.74/ft\u00B2 · #62
Studio 201
$1,838/mo
662 ft² · $2.78/ft\u00B2 · #26
Studio 201
$1,878/mo
662 ft² · $2.84/ft\u00B2 · #79
Studio 207
$2,089/mo
891 ft² · $2.34/ft\u00B2 · #12
Studio 303
$2,104/mo
891 ft² · $2.36/ft\u00B2 · #1
Studio 106
$2,104/mo
800 ft² · $2.63/ft\u00B2 · #5
Studio 209
$2,104/mo
882 ft² · $2.39/ft\u00B2 · #56
Studio 109
$2,129/mo
779 ft² · $2.73/ft\u00B2 · #57

City Club

Resident Notes & Access Codes

Real tips from people who lived at this property: what leasing and daily living are actually like, plus the gate, parking, and entry codes you only learn once you move in. See all Lockport, IL notes

No resident notes for this property yet.

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Lockport, IL Rent Trends

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