18207 Locust Street, Lansing, IL
  • $435,000

Description

Exceptional Investment Property in Lansing, Illinois!Perfect for an astute investor looking to expand their portfolio or someone seeking a prime owner-occupied property with rental income.Lansing, Illinois: A Community of Pride and Progress. Lansing has grown into a friendly, well-maintained community in the desirable south suburbs of Chicago. It offers a dense urban atmosphere, good schools, numerous parks, and convenient access to metropolitan amenities. The village motto, “A community of pride, progress, and possibilities,” is reflected in its stable neighborhoods and continuous development, making it an attractive location for long-term investment. The building is fully rented and well-maintained. This four-unit building is fully occupied, providing immediate, stable rental income. The property shows well, ensuring continued tenant satisfaction and value. Each of the four units features two good-sized bedrooms and one bath, a highly desirable configuration for renters in the area. Significant. The property offers six exterior parking spaces, a crucial amenity. Additionally, an unfinished basement provides excellent potential for setting up supplementary storage for tenants, adding further value and appeal. This Lansing property perfectly balances recent updates, strong rental demand, and valuable features, presenting an exceptional opportunity for both seasoned investors and owner-occupants. This is the one that your client will see and love!

  • Listing Courtesy of: Red Pro Realty LLC

Details

Updated on June 19, 2026 at 10:05 pm
  • Property ID MRD12674718
  • Price $435,000
  • Land Area 0.17 Acres
  • Bedrooms 8
  • Year Built 1965
  • Property Type Multi Family
  • Property Status Active
  • Parking Total 8
  • Parcel Number 29364040320000
  • Water Source Public
  • Sewer Public Sewer
  • Architectural Style Traditional
  • MLS Status New
  • Living Area 0.17
  • Cumulative Days On Market 2
  • Tax Annual Amount 14216.99
  • Heating Natural Gas
  • Parking Features Unassigned,Off Alley,Off Street,Driveway,Yes,Owned
  • Directions Head east on 182nd St/Ridge Rd toward Locust St, Turn right onto Locust St
  • Zoning MULTI
  • Address 18207 Locust Street
  • City Lansing
  • State/county IL
  • Zip/Postal Code 60438
  • Country United States

Overview

Property ID: MRD12674718
  • Multi Family
  • Property Type
  • 8
  • Bedrooms
  • 1965
  • Year Built

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