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!
Property Details
Price:
$435,000
MLS #:
MRD12674718
Status:
Active
Beds:
8
Baths:
4
Type:
Multi Family
Neighborhood:
lansing
Listed Date:
Jun 17, 2026
Year Built:
1965
See this Listing
Schools
School District:
215
Interior
Heating
Natural Gas
Exterior
Architectural Style
Traditional
Community Features
Curbs, Street Lights, Street Paved
Construction Materials
Brick
Lot Features
Common Grounds
Other Structures
None
Parking Features
Unassigned, Off Alley, Off Street, Driveway, Yes, Owned
Parking Spots
8
Parking Total
8
Roof
Asphalt
Financial
Tax Year
2024
Taxes
$14,217
Map
Community
- Address18207 Locust Street Lansing IL
- CityLansing
- CountyCook
- Zip Code60438
Market Summary
Current real estate data for Multi Family in Lansing as of Jun 18, 2026
3
Multi Family Listed
65
Avg DOM
$373,250
Avg List Price
Property Summary
- 18207 Locust Street Lansing IL is a Multi Family for sale in Lansing, IL, 60438. It is listed for $435,000
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Copyright 2026. All rights reserved.
18207 Locust Street
Lansing, IL


