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Neil Hackler

[email protected] +1(773) 677-3479

$ 435,000

Est. payment -/mo

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18207 Locust ST Lansing, IL 60438

8 Beds

4 Baths

7,405 Sqft Lot

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12674718

Style Traditional

Bedrooms 8

Year Built 1965

Annual Tax Amount $14,216

Tax Year 2024

Lot Size 7,405 Sqft

Lot Dimensions 96X83X97X82

Property Sub-Type Two to Four Units

Property Description

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

State IL

County Cook

Area Lansing

Zoning MULTI

Rooms

Basement Unfinished, Full

Interior

Heating Natural Gas

Equipment CO Detectors

Fireplace N

Exterior

Community Features Curbs, Street Lights, Street Paved

Roof Type Asphalt

Building

Lot Description Common Grounds

Dwelling Type Two to Four Units

Building Description Brick, No

Sewer Public Sewer

Water Public

Structure Type Brick

New Construction false

Schools

School District 158 , 158, 215

Others

Ownership Fee Simple

Special Listing Condition None

Listed by Shari Smith of Red Pro Realty LLC

NEARBY SCHOOLS & PROPERTIES

Neil Hackler

Real Estate Advisor | License ID: 167138

+1(773) 677-3479

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