For Sale Multi-Family MLS# 12774098

18207 Locust Street

Lansing, IL 60438

$425,000

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About 18207 Locust Street

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

Property

Type
multi
Year built
1965
Lot
0.17 ac
List date
Oct 1, 2026

Schools

District
Thornton Fractional Township High School District 215

Location

Subdivision
Forest Glen
Neighborhood
Forest Glen

Location

Neighborhood
Forest Glen
School district
Thornton Fractional Township High School District 215

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Listed by Shari Smith, Red Pro Realty LLC

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.