18207 Locust St

Lansing, IL 60438
  • $430,000

    Price
  • 8

    Bed
  • 4

    Bath
  • 0.17

    Acre

About the Listing 88230 - 115996

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!

Listing Highlights for 18207 Locust St

Status Active
Days on Site 13
Property Type Multi-Family
MLS ® 12774098
Year Built 1965
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:
  • 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

Payment Calculator

Monthly Payment

  • in Principal and Interest
  • in Taxes
Years
% Down Payment
% Mortgage Rate

Listing Location

Questions About..

18207 Locust St Lansing, IL 60438

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Never Miss A New Property

Get notified any time there's a new home on the market in this neighborhood!

Don't worry! We'll never spam you or sell your details. You can unsubscribe whenever you'd like.

Originating MLS: mred

Agent profile image in chat bubble
Agent profile image in chat header

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

Agent profile image in message

or another way