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16703 S Morel St, Lockport, IL, 60441

4beds
3baths
1,890sqft
$399,900
$212price/sqft
$3,052/moest. monthly cost
$122,080/yrincome needed

About This Home

Welcome home to this beautifully updated and tastefully decorated two-story residence, offering four bedrooms, including a finished basement bedroom, and one of the largest floor plans available in the highly desirable Parker Ridge subdivision. The heart of the home is the remodeled kitchen featuring crisp white cabinetry, stainless steel appliances, and a spacious eating area filled with natural light. Sliding glass doors open to a large deck overlooking an oversized pie-shaped backyard-providing exceptional outdoor space that is rarely found in the neighborhood. The inviting family room is highlighted by a stunning stone fireplace and oversized windows that fill the space with natural sunlight, creating the perfect setting for relaxing or entertaining. Upstairs, the generous primary suite offers a large walk-in closet and a private bath complete with dual vanities. The finished basement expands the living space with a fourth bedroom, a spacious recreation area ideal for entertaining, and a large storage room. Additional features include a reverse osmosis water filtration system and a heated two-car garage. With its spacious layout, thoughtful updates, and one of the best backyard settings in Parker Ridge, this home offers the perfect combination of comfort, functionality, and style.

Getting Around

1
WalkingCar-Dependent
0
TransitVery Limited Transit
25
BikeSomewhat Bikeable

Schools

9/10
William J Butler SchoolGrades 2-41.0 mi
10/10
Homer Jr High SchoolGrades 7-84.3 mi

Construction

Condition

  • Year built: 2000

Materials

  • Foundation: Concrete Perimeter
  • Construction materials: Vinyl Siding,Brick

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Range,Microwave,Dishwasher,Refrigerator,Stainless Steel Appliance(s),Water Purifier Owned
  • Laundry features: Main Level

Basement

  • Has basement: Yes
  • Basement: Finished,Crawl Space,Egress Window,Rec/Family Area,Sleeping Area,Storage Space,Partial

Bedroom2

  • Features: Flooring (Carpet)
  • Level: Second
  • Area: 121
  • Dimensions: 11X11

Bedroom3

  • Features: Flooring (Carpet)
  • Level: Second
  • Area: 121
  • Dimensions: 11X11

Bedroom4

  • Features: Flooring (Carpet)
  • Level: Basement
  • Area: 130
  • Dimensions: 10X13

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1

Dining Room

  • Features: Flooring (Carpet),Window Treatments (Display Window(s))
  • Level: Main
  • Area: 210
  • Dimensions: 15X14

Features

  • Walk-In Closet(s),Granite Counters,Separate Dining Room,Pantry
  • Window features: Window Treatments,Blinds
  • Flooring: Hardwood,Carpet
  • Number of fireplaces: 1
  • Fireplace features: Gas Log,Gas Starter,Family Room
  • Fireplace: Yes
  • Attic: Full

Heating & Cooling

  • Heating features: Natural Gas
  • Cooling features: Central Air

Interior Area

  • Total structure area: 0
  • Total interior livable area: 1,890 sqft

Kitchen

  • Features: Kitchen (Eating Area-Table Space,Pantry-Closet,Granite Counters,Updated Kitchen),Flooring (Hardwood),Window Treatments (Display Window(s))
  • Level: Main
  • Area: 319
  • Dimensions: 11X29

Laundry

  • Features: Flooring (Ceramic Tile)
  • Level: Main
  • Area: 45
  • Dimensions: 9X5

Living Room

  • Features: Flooring (Carpet),Window Treatments (Display Window(s))
  • Level: Main
  • Area: 238
  • Dimensions: 14X17

Master Bedroom

  • Features: Flooring (Carpet),Bathroom (Full,Double Sink,Whirlpool & Sep Shwr)
  • Level: Second
  • Area: 270
  • Dimensions: 15X18

Recreation Room

  • Features: Flooring (Carpet)
  • Level: Basement
  • Area: 378
  • Dimensions: 14X27

Walk In Closet

  • Features: Flooring (Carpet)
  • Level: Second
  • Area: 66
  • Dimensions: 6X11

Property

Accessibility

  • Accessibility features: No Disability Access

Details

  • Parcel number: 1605291010020000
  • Special condition: None

Features

  • Stories: 2

Lot

  • Lot size dimensions: 29.4 x 99.4 x 55.2 x 98.6

Parking

  • Total spaces: 2
  • Parking features: Asphalt,Garage Door Opener,Heated Garage,Yes,Attached,Garage
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveRelatively High
  • Tornado
    TornadoRelatively High
  • Inland Flooding
    Inland FloodingModerate

How This Home’s Risks Compare

Cold Wave
Tornado
Inland Flooding

FEMA Declared Disasters Across Illinois Counties

Flood
Severe Storm
Straight Line Winds
Tornado

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,022$24,264
Home Insurance *$186$2,232
Property Taxes $699$8,388
Electricity $145$1,744
Total$3,052$36,624
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$104,640/yr
40% on housing$91,560/yr
45% on housing$81,386/yr

Illinois FAIR Plan Programs

Illinois FAIR Plan Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,961Commercial: 62
Total Premiums$4.35M
Total Exposure$370.02M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 12.5%
12.5%
0%30.0%
Electricity Growth Rate10-year average: 5.5%
5.5%
0%15.0%
Property Taxes Growth Rate2-year average: -0.5%
-0.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$212This listing

vs Other Active Listings

Avg $/sqft

ZIP 60441$213
Will County$189

vs Homes Sold Last Month

Median $/sqft

ZIP 60441$207
Will County$193

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-06-26Listed for sale$399,900
2004-12-14Sold$222,000
2003-02-19Sold$194,000
2000-10-30Sold$161,500

For Sale by Agent

AgentBonnie Willis
BrokerageColdwell Banker Real Estate Group

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