18207 Locust Street, Lansing, IL

$430,000

Previous Next

8

Beds

0.17

Acres

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!

Features of 18207 Locust Street

MLS® # 12774098
Price $430,000
Bedrooms 8
Bathrooms 0.00
Acres 0.17
Year Built 1965
Type Residential Income
Sub-Type Two to Four Units
Style Traditional
Status Active

Community Information

Address 18207 Locust Street
Area Lansing
City Lansing
County Cook
State IL
Zip Code 60438

Amenities

Parking Spaces 8
Parking Unassigned, Off Alley, Off Street, Driveway, Yes, Owned
Is Waterfront No
Has Pool No

Interior

Heating Natural Gas
Fireplace No
Has Basement Yes
Basement Unfinished, Full

Exterior

Exterior Brick
Lot Description Common Grounds
Roof Asphalt
Foundation Concrete Perimeter

School Information

District 215

Additional Information

Days on Market 7
Zoning MULTI
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeRed Pro Realty LLC

Listing Map

Request a Showing

Provide a valid email address.
When would you like to view this property?