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!
Property Details
Price:
$430,000
MLS #:
MRD12774098
Status:
Active
Beds:
8
Baths:
4
Type:
Multi Family
Neighborhood:
lansing
Listed Date:
Oct 1, 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 Oct 05, 2026
2
Multi Family Listed
134
Avg DOM
$215,000
Avg List Price
Property Summary
- 18207 Locust Street Lansing IL is a Multi Family for sale in Lansing, IL, 60438. It is listed for $430,000
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Copyright 2026. All rights reserved.
18207 Locust Street
Lansing, IL


