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

Lansing, IL, 60438
$ 435,000
Bedrooms8 Baths4.0 Sq 3,430

Monthly Estimate*

$ 2,678

18207 Locust Street, Lansing, IL 60438 - Image 1

Multi-Family Home for sale in Lansing, IL

for $435,000 with 8 bedrooms and 4 full baths. This 3,430 square foot home was built in 1965 on a lot size of 0.17.

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!

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Multi-Family Active

Price

$ 435,000

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

12674718

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

$3,863
Per Month
69%
31%
0%
Monthly Principal & Interest
$2,678
Monthly Property Taxes
$1,185
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
6/17/2026$435,000 Listed Price

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18207 Locust Street, Lansing, IL, 60438 is a Multi-Family Home for sale at $435,000 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