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18207 Locust Street Lansing, IL 60438

$430,000
New / MLS# 12774098 / Multi Unit - Multiple / Lansing
8 Beds
4 Baths

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!

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Baird & Warner Mark Schmandt Agent Cell: 773.580.5155 Email

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Estimated Payment

$ 2,416.52 per month $1,106.44 Principal & Interest $1,184.67 Property Tax $125.42 Homeowner's Insurance
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Property Details

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Unfinished, Full
Heating: Natural Gas
Home Style: Traditional
Lot Size: 0.17 Acres
Roof Type: Asphalt
Taxes: $14,216
Year Built: 1965

Feature Descriptions

Additional Structures: None
Exterior: Brick
Lot: Common Grounds
Lot Dimensions: 96X83X97X82
Other Equipment: CO Detectors
Parcel#: 29364040320000
Parking: Unassigned, Off Alley, Off Street, Driveway, Yes, Owned
Sewer: Public Sewer
Total Rooms: 16
Township: Thornton
Water: Public

Schools

School District: District 215

Disclaimer: The accuracy of all information regardless of source, including but not limited to square footage and lot size, is deemed reliable but not guaranteed nor warranted and should be personally verified through personal inspection by and/or with the appropriate professionals.

Location

See details and scored characteristics about this location.

Listing Office: Red Pro Realty LLC

Listing Office Phone: 312-451-7490



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