18207 Locust Street, Lansing, IL 60438

Lansing
Local realty services provided by:Better Homes and Gardens Real Estate Star Homes
18207 Locust Street,Lansing, IL 60438
$425,000
  • 8 Beds
  • 4 Baths
  • - sq. ft.
  • Multi-family
  • Pending
Listed by: shari smith
Office: red pro realty llc.
MLS#:12774098
Source:MLSNI

Price summary

  • Price:$425,000

About this home

BACK ON THE MARKET... The seller has completed repairs, and this 4-unit investment property in Lansing presents an excellent opportunity for its next owner. Property is ready for a new buyer and presents a solid investment opportunity. This four-unit investment property in Lansing offers an excellent opportunity for an investor looking to expand their portfolio or an owner-occupant seeking the benefits of rental income. The property is fully occupied and provides immediate rental income. Current rents are below prevailing market rates, offering potential for increased rental revenue. Each of the four units features two generously sized bedrooms and one bath. It also includes six exterior parking spaces, a valuable convenience. An unfinished basement provides additional space and potential for tenant storage or other permitted uses, adding further versatility. Conveniently located in Lansing, a well-established south suburban community with parks, amenities, and access to the greater...

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Home facts

  • Year built:1965
  • Listing ID #:12774098
  • Updated:November 08, 2026 at 09:00 AM

Rooms and interior

  • Bedrooms:8
  • Total bathrooms:4
  • Full bathrooms:4
  • Rooms Total:16
  • Basement Description:Full, Unfinished

Heating and cooling

  • Heating:Gas

Structure and exterior

  • Roof:Asphalt
  • Year built:1965
  • Lot area:0.17 Acres
  • Lot Features:Common Grounds
  • Architectural Style:Traditional
  • Foundation Description:Concrete Perimeter

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$425,000
  • Tax amount:$14,217 (2024)

Features and amenities

  • Amenities:CO Detectors

Parking

  • Total parking spaces:8
  • Parking description:Driveway, Off Alley, Off Street, Unassigned
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