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  • $430,000

    18207 Locust St, Lansing, IL 60438

    8beds
    --sqft
    : 
    $3,499/mo
    Get pre-qualified
    Multi Family
    Built in 1965
    -- sqft lot
    $426,000 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Six exterior parking spaces
    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!
    23 hours
    64
    10

    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#: 12774098MLS Logo

      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: 10/1/2026
      • Ownership: Fee Simple

        Estimated market value

        $426,000

        $405,000 - $447,000

        $1,737/mo

        Price history

        DateEventPrice
        10/1/2026Listed for sale$430,000-1.1%
        Source: MRED as distributed by MLS GRID #12774098 Report a problem
        10/1/2026Listing removed$435,000
        Source: MRED as distributed by MLS GRID #12674718 Report a problem
        9/18/2026Listed for sale$435,000
        Source: MRED as distributed by MLS GRID #12674718 Report a problem
        7/7/2026Pending sale$435,000
        Source: MRED as distributed by MLS GRID #12674718 Report a problem
        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$16,403 +5.9%$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

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        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.
        See how much you could borrow to make a competitive offer.

        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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