18207 Locust Street Lansing, IL $ 430,000
18207 Locust Street
$ 430,000
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18207 Locust Street

Lansing, IL, 60438
$ 430,000
Bedrooms8 Baths4.0 Sq 3,430

Monthly Estimate*

$ 2,715

18207 Locust Street, Lansing, IL 60438 - Image 1
18207 Locust Street, Lansing, IL 60438 - Image 2
18207 Locust Street, Lansing, IL 60438 - Image 3

Multi-Family Home for sale in Lansing, IL

for $430,000 with 8 bedrooms and 4 full baths. This 3,430 square foot home was built in 1965 on a lot size of 0.17.

BACK ON THE MARKET... due to the previous buyer being unable to complete the transaction. Seller has addressed all items identified during the prior inspection. 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 well maintained, providing immediate rental income. 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 Chicago area. The property combines location, functionality, and income-producing potential/rents are low for the area. With fully occupied units, and valuable features, this four-unit building is ready for its next owner. Bring your buyer and take a closer look - this may be the investment opportunity they've been waiting for!

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Multi-Family Active

Price

$ 430,000

Bedrooms

8

Full Bath

4

Property Type

Multi-Family

Taxes

$ 14,216

Style

Traditional

Lot Size

0.17

Year Built

1965

Town/City

Lansing

County/Region

Cook

MLS | Web ID

12774098

Features
General
Sewer Public Sewer
Heating Natural Gas
Possession Closing
Roof Asphalt
Zoning MULTI
Architectural Style Traditional
Construction Materials Brick
Year Built 1965
Township Thornton
Tax Year 2024
Ownership Fee Simple
Community Features Curbs Street Lights Street Paved
County Cook
New Construction N
Property Type Residential Income Two to Four Units
Other Structures None
Total Rooms 16
Status New
Directions Head east on 182nd St/Ridge Rd toward Locust St Turn right onto Locust St
City Lansing
High School District 215
MLS Area Lansing
Tax Annual Amount 14216.99
Additional Parcels Y/N N
Standard Status Active
Middle/Junior School District 158
Elementary School District 158
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Interior
Basement Unfinished Full
Total Bedrooms 8
Total Baths 4
Bedrooms Possible 8
Full Baths Building 4
Half Baths Building 0
Total Number of Units 4
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Exterior
Parking Features Unassigned Off Alley Off Street Driveway Yes Owned
Lot Features Common Grounds
Water Source Public
Total Parking 8
Foundation Details Concrete Perimeter
Lot Dimensions 96X83X97X82
Lot Size Acres 0.17
Waterfront Y/N N
Other Equipment CO Detectors
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* Excluded Features
List By
Red Pro Realty Llc

Broker

rpr@red2yourdoor.com

Email

Affordability Calculator

$3,900
Per Month
70%
30%
0%
Monthly Principal & Interest
$2,715
Monthly Property Taxes
$1,185
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
566649 Elementary School
567574 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/1/2026$430,000 Listed Price

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18207 Locust Street, Lansing, IL, 60438 is a Multi-Family Home for sale at $430,000 with 3,430 sqft and a lot size of 0.17. 18207 Locust Street has 8 bedrooms, 4.0 baths, and was built in 1965. The property's zip code is 60438 which is in Lansing, IL