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18207 Locust Street

Lansing, IL 60438
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Bed 8

Bed

Bath 4

Bath

Acres0.17

Acre(Lot)

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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Detail Ic Property Details

Property Type : Residential Income

Price : $435,000

AD Id : 85052761

MLS Id : MRD12674718

Beds : 8

Lot Size : 0.17 Acre

Year Built : 1965

County : Cook

  • Map Map

Map

Feature Features

  • Bedroom Information

    Total Bedroom: 8

    Bathroom Information

    Total Baths: 4

    Room Information

    Rooms Total: 16

    Interior Features

    Roof: Asphalt

    Roofing Information

    Asphalt
  • Flooring Information

    Construction Materials: Brick
  • Heating & Cooling

    Heating: Natural Gas WaterSource: Public

  • Building Information

    Year Built: 1965

  • Lot Information

    Lot Dimensions: 96X83X97X82 Lot Description: Common Grounds Lot Acres: 0.17 Lot Size: Less Than .25 Acre

    Property Information

    Property Type: Residential Income Style: Traditional Sub Type: Two to Four Units

  • Listing Price Information

    Original List Price:$435000

  • Tax Information

    Annual Tax: $14216.99 Tax Year: 2024 Parcel Number: 29364040320000 Tax Exemption: None

  • Parking Information

    Total Parking: 8 Unassigned, Off Alley, Off Street, Driveway, Yes, Owned Is Parking Included in Price: Yes

  • Utility Information

    Sewer: Public Sewer Water Source: Public
  • Location Information

    City: Lansing Direction: Head east on 182nd St/Ridge Rd toward Locust St, Turn right onto Locust St
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
18314 Locust Street, Lansing, IL, 60438 $299,900 5 2 1,621 1,621 SqFt
2726 186th Street, Lansing, IL, 60438 $230,000 5 1 1,233 1,233 SqFt
3541 Washington Street, Lansing, IL, 60438 $309,999 5 2 1,375 1,375 SqFt
3267 Louise Court, Lansing, IL, 60438 $275,000 4 2 2,600 2,600 SqFt
18724 Sherman Street, Lansing, IL, 60438 $235,900 5 1 1,221 1,221 SqFt
17922 State Line Avenue, Lansing, IL, 60438 $335,000 4 3 1,320 1,320 SqFt
2520 183rd Street, Lansing, IL, 60438 $145,900 5 3 800 800 SqFt
3443 Monroe Street, Lansing, IL, 60438 $239,900 4 1 1,331 1,331 SqFt
3237 S Manor Drive #110, Lansing, IL, 60438 $74,000 1 1 650 650 SqFt
3531 Adams Street, Lansing, IL, 60438 $199,000 3 2 1,338 1,338 SqFt
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ByOwner last updated this listing 07/03/2026 @ 06:20

MLS: MRED #12674718 LISTED BY: Shari Smith, Red Pro Realty LLC 312-451-7490 SOURCE: Midwest Real Estate Data LLC (MRED) (Listings courtesy of Midwest Real Estate Data LLC (MRED) as distributed by MLS GRID)

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