18207 Locust St

Lansing, IL 60438
  • $435,000

    Price
  • 8

    Bed
  • 4

    Bath
  • 0

    SqFt

About the Listing 88230 - 115996,1015305

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 Highlights

Status Pending
Days on Site 29
Property Type Multi-Family
MLS ® 12674718
Year Built 1965
Total Square Footage 0
Lot/Acreage 0.17
County Cook
School District 158

Interior Details

  • Bedrooms: 8
  • Bathrooms: 4 Full
  • Appliances: CO Detectors
  • Air Cond:
  • Heating: Natural Gas
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement: Unfinished,Full
  • Other:
  • Water: Public

Exterior Details

  • Lot Description: Common Grounds
  • Garage Capacity: N/A
  • Parking Spaces: 8
  • Lot Dimensions: 96X83X97X82
  • Zoning: MULTI
  • Roof: Asphalt
  • Others:
  • Sewer: Public Sewer
  • Parking Features: Unassigned,Off Alley,Off Street,Driveway,Yes,Owned

Financial Details

  • Tax Amount: $14,217
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 29364040320000
  • Tax Year: 2024

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Questions About..

18207 Locust St Lansing, IL 60438

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Originating MLS: mred

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Puneet "Pete" Kapoor - CPA, ABR, PSA, SRS, CIPS, ACP

CPA, SRS, PSA, CIPS, ACP, GROUP LEAD, REALTOR | PRINCIPAL CO-OWNER | The Sterling Group Global | Keller Williams Infinity

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