$435,000

18207 Locust Street, Lansing, IL 60438

  • 8 beds |
  • 4 baths
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1965
  • Property Lot Size Icon7,405sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 18 days ago

Property 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 Status:
Active
Data Last Updated:
July 5, 2026 at 7:19AM
Listing Office:
Red Pro Realty LLC : 312-451-7490
Listing Agent:
Shari Smith : 312-451-7490
MLS ID:
12674718
  • Basement: UnfinishedFull
  • Heating: Natural Gas
  • Style: Traditional
  • Other Structures: None
  • Parking: UnassignedOff AlleyOff StreetDrivewayYesOwnedParking spaces: 8
  • Roofing: Asphalt
  • General: TraditionalConcrete Perimeter
  • HOA Amenities: CurbsStreet LightsStreet Paved
  • Originating MLS: mred
  • School District: 158
  • County: Cook
  • Zoning: MULTI29364040320000
  • Water: Public
  • Sewer: Public Sewer
  • Source: mred
  • Ownership: Fee Simple

This listing courtesy of Shari Smith , Red Pro Realty LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

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