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  • $435,000

    18207 Locust St, Lansing, IL 60438

    8beds
    --sqft
    : 
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    Multi Family
    Built in 1965
    -- sqft lot
    $433,700 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Two good-sized bedroomsSix exterior parking spacesOne bath
    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!
    9 days
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    242
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    16
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    Zillow last checked:

    Listing updated:

    Listed by:

    Shari Smith, ABR,SFR,SRES 312-451-7490,

    Red Pro Realty LLC

    Source: MRED as distributed by MLS GRID,MLS#: 12674718MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 8
      • Bathrooms: 4
      • Full bathrooms: 4
      Heating
      • Natural Gas
      Features
      • Basement: Unfinished,Full

      Property

      Parking
      • Total spaces: 8
      • Parking features: Unassigned, Off Alley, Off Street, Driveway, Yes, Owned
      • Has uncovered spaces: Yes
      Lot
      • Size: 7,405 Square Feet
      • Dimensions: 96X83X97X82
      • Features: Common Grounds
      Details
      • Additional structures: None
      • Parcel number: 29364040320000
      • Zoning: MULTI
      • Special conditions: None

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Traditional
      • Property subtype: Multi Family
      Materials
      • Brick
      • Foundation: Concrete Perimeter
      • Roof: Asphalt
      Condition
      • New construction: No
      • Year built: 1965
      • Major remodel year: 2020

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Features: Curbs, Street Lights, Street Paved
      • Security: Carbon Monoxide Detector(s)
      Location
      • Region: Lansing

      Financial & listing details

      • Tax assessed value: $320,010
      • Annual tax amount: $14,216
      • Date on market: 6/17/2026
      • Ownership: Fee Simple

        Estimated market value

        $433,700

        $412,000 - $455,000

        $1,522/mo

        Price history

        DateEventPrice
        6/17/2026Listed for sale$435,000+72.6%
        Source: MRED as distributed by MLS GRID #12674718 Report a problem
        11/18/2020Sold$252,000-10%
        Source: MRED as distributed by MLS GRID #10753910 Report a problem
        7/19/2020Pending sale$279,900
        Source: KMS Realty Inc. #10753910 Report a problem
        7/14/2020Listed for sale$279,900
        Source: KMS Realty Inc. #10753910 Report a problem
        6/24/2020Pending sale$279,900
        Source: KMS Realty Inc. #10753910 Report a problem
        6/24/2020Price change$279,900+3.7%
        Source: KMS Realty Inc. #10753910 Report a problem
        6/19/2020Listed for sale$269,900+54.1%
        Source: KMS Realty Inc. #10753910 Report a problem
        1/14/2020Sold$175,137
        Source: MRED as distributed by MLS GRID #10542416 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024-- $32,001 +0%
        2023$15,483 +41.5%$31,999 +90.1%
        2022$10,938 +2.8%$16,830
        2021$10,639 +7.7%$16,830
        2020$9,874 -30.5%$16,830 -32.6%
        2019$14,217 +1.9%$24,972
        2018$13,954 -1%$24,972
        2017$14,090 +20.3%$24,972 +16.6%
        2016$11,710 +7.6%$21,416
        2015$10,881 +1.4%$21,416
        2014$10,730 -1.5%$21,416 -11.5%
        2013$10,899 +7.6%$24,206
        2012$10,132 +7%$24,206
        2011$9,471 +0.7%$24,206 -1.7%
        2010$9,403 +2.4%$24,622
        2009$9,179 +10.7%$24,622 -5%
        2008$8,292 +8.7%$25,918 +9.2%
        2007$7,629 +5.6%$23,739
        2006$7,223 +1.8%$23,739
        2005$7,098 +9.1%$23,739 +9.8%
        2004$6,509 +7.9%$21,629
        2003$6,033 +18%$21,629
        2002$5,114 +3.6%$21,629 +3.2%
        2001$4,936 +1.3%$20,965
        2000$4,872 +1%$20,965
        1999$4,824 $20,965

        Find assessor info on the county website

        Monthly payment

        Est. payment

          Payment breakdown

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          All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
          HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
          Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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          Climate risks

          Neighborhood: 60438

          Getting around

          70 / 100
          Somewhat Walkable
          43 / 100
          Somewhat Bikeable

          Nearby schools

          GreatSchools rating
          Schools provided by the listing agent
          • District: 158

          Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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