18207 Locust ST, Lansing, IL 60438
18207 Locust ST, Lansing, IL 60438
18207 Locust ST, Lansing, IL 60438
3
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$430,000
Est. payment /mo
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8 Beds
4 Baths
7,405 Sqft Lot
New

18207 Locust ST Lansing, IL 60438

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Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12774098

Style Traditional

Bedrooms 8

Year Built 1965

Annual Tax Amount $14,216

Tax Year 2024

Lot Size 7,405 Sqft

Lot Dimensions 96X83X97X82

Property Sub-Type Two to Four Units

Property Description

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!

Location

State IL

County Cook

Area Lansing

Zoning MULTI

Rooms

Basement Unfinished, Full

Interior

Heating Natural Gas

Equipment CO Detectors

Fireplace N

Exterior

Community Features Curbs, Street Lights, Street Paved

Roof Type Asphalt

Building

Lot Description Common Grounds

Dwelling Type Two to Four Units

Building Description Brick, No

Sewer Public Sewer

Water Public

Structure Type Brick

New Construction false

Schools

School District 158 , 158, 215

Others

Ownership Fee Simple

Special Listing Condition None


Midwest Real Estate Data (MRED) IDX
Listed by Shari Smith of  Red Pro Realty LLC 

NEARBY SCHOOL & BUSINESS

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18207 Locust ST