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ActiveMLS #: 126747181 / 3Get an accurate number
ActiveMLS #: 126747181 / 38 Beds
$435,000
18207 Locust Street, Lansing IL, 60438
Est. payment: $3,489/mo · 20% down, 30-year fixed at 6.95%, principal, interest, and taxes per the listing
Built in
1965
Lot size
0.17 acres
Property type
Two to Four Units
Listed by Shari Smith with Red Pro Realty LLC
Questions about this home: Nick Rife, Rife Realty, (815) 258-1471 or Nick@RifeRealty.com
Overview
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!
Location
18207 Locust Street, Lansing IL, 60438
- Township
- Thornton
- County
- Cook
- Area
- Lansing
Interior
- Bedrooms
- 8
- Total rooms
- 16
- Basement
- Unfinished, Full
- Heating
- Natural Gas
Exterior and lot
- Style
- Traditional
- Construction
- Brick
- Roof
- Asphalt
- Lot features
- Common Grounds
- Lot size
- 0.17 acres (96X83X97X82)
- Parking
- Unassigned, Off Alley, Off Street, Driveway, Owned
- Total parking
- 8
- Sewer
- Public Sewer
- Water
- Public
Schools
Listing details
- MLS number
- 12674718
- Status
- Active
- Property type
- Two to Four Units
- Year built
- 1965
- Town
- Lansing
- ZIP
- 60438
- Updated
- Sep 20, 2026
Estimate your payment
Term, years
Your monthly payment will be
$3,489
Principal, interest, and estimated taxes.
Loan $348,000 Down $87,000
- Principal and interest
- $2,304
- Property taxes (2024, per the listing)
- $1,185
Ballpark estimated payments for planning. Not a quote or a preapproval.
What this estimate includes
Principal, interest, and property taxes: the listing's reported bill when MRED has one, otherwise an estimate from typical corridor rates. Insurance and any PMI are not included, and this is not an offer of credit. Your real number depends on your credit, the lender, and the property.
Talk to Nick and he will connect you with one of his preferred lenders for a real figure.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID as of Sep 22, 2026, 4:15 AM CT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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