Homes for Sale in Lansing, IL – Find Your Perfect Property

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$425,000
27 Days On Site

18207 Locust Street
Lansing, IL 60438

For Sale|Multi Family|Active
8
Beds
4
Total Baths
1965
Built
County:
Cook
Listing Courtesy of MRED as distributed by MLS Grid of Red Pro Realty LLC
18207 Locust Street18207 Locust Street
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BACK ON THE MARKET… The seller has completed repairs, and this 4-unit investment property in Lansing presents an excellent opportunity for its next owner. 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 provides immediate rental income. Current rents are below prevailing market rates, offering potential for increased rental revenue. 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!

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Listing Snapshot
Price 
$425,000
Days On Site 
27 Days
Bedrooms 
8
Inside Area (SqFt) 
N/A
Total Baths 
4
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.17 Acres
Year Built 
1965
MLS Number 
12774098
Status 
Active
Property Tax 
$14,216.99
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
4 days agoListing updated with changes from the MLS
a week agoStatus changed to Active
2 weeks agoPrice changed to $425,000
4 weeks agoListing first seen on site
General Features
Acres 
0.17
Foundation 
Concrete Perimeter
Parking 
UnassignedOff StreetDriveway
Parking Spaces 
8
Property Sub Type 
Multi Family
Sewer 
Public Sewer
Style 
Traditional
Water Source 
Public
Zoning 
MULTI
Interior Features
Basement 
UnfinishedFull
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Exterior Features
Construction Details 
Brick
Other Structures 
None
Roof 
Asphalt
Community Features
Community Features 
CurbsStreet Lights
MLS Area 
Lansing
School District 
215
Township 
Thornton
Schools
School District
215
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing Courtesy of MRED as distributed by MLS Grid of Red Pro Realty LLC



Based on information submitted to the MLS GRID as of 2026-10-28 04:45 PM UTC. 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.
Last checked: 2026-10-28 04:45 PM UTC
MRED DMCA Copyright Information Copyright © 2026 Midwest Real Estate Data LLC. All rights reserved.

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