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$435,000 Sale Pending

  • For Sale
  • Pending
  • Multi-Family
  • 8 Total Beds
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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!

Full Property Details for 18207 Locust St

General

  • Price: $435,000
  • Taxes: $14,216 (2024)
  • Status: Pending
  • Type: Multi-Family
  • Source: MRED
  • MLS ID: 12674718
  • Updated: 7/7/2026
  • Added to Site: 74 day(s) ago

Rental Information

  • Complex Features: Curbs, Street Lights, Street Paved

Interior

  • Basement: Unfinished

Rooms

Bathrooms

  • Total Bathrooms: 4
  • Upper - Full Baths: 4

Bedrooms

  • Total Bedrooms: 8

Additional Information

  • Equipment: Carbon Monoxide Detectors
  • Other Features: School Bus Service, Commuter Train, Interstate Access

Parking

  • Total Spaces: 8
  • Parking Features: Unassigned, Off-Alley, Off-Street, Driveway, Yes, Owned

Location

  • Area: Lansing
  • County: Cook
  • Township: Thornton
  • Driving Directions: Head east on 182nd St/Ridge Rd toward Locust St, Turn right onto Locust St

School Information

  • School District: 158
  • Elem School District: 158
  • Midd School District: 158
  • High School District: 215

Heating & Cooling

  • Heating Type: Natural Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Architectural Info: Traditional
  • Architectural Style: Traditional
  • Construction: Brick
  • Exterior Const.: Brick
  • Basement: Yes
  • Basement Desc.: Unfinished, Full
  • Foundation: Concrete Perimeter
  • Roof: Asphalt
  • Year Built: 1965
  • Built Before 1978: Yes
  • Remodeled/Updated: 2020

Unit Information

  • Units in Building: 4

Additional Structures

  • Other Structures: None

Lot Features

  • Lot Size (Acres): 0.17
  • Lot Size Range: Less than .25 Acre
  • Lot Dimensions: 96 x 83 x 97 x 82
  • Lot Features: Common Grounds
  • Zoning: MULTI

Financial Considerations

  • Parking Included: Yes
  • Assessment Year: 1965
  • Tax Amount: $14,216.99
  • Tax Year: 2024
  • Pays Sewer: Public Sewer

Disclosures and Reports

  • Ownership: Fee Simple
  • Property ID: 29364040320000

Listed by Red Pro Realty LLC

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— 18207 Locust St —

  • Red Pro Realty LLC

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NMLS#: 1598647

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Schools serving 18207 Locust St

School Districts:Lansing School District 158, Thornton Fractional Township High School District 215
NameGradesDistance
Oak Glen Elementary School
2101 182nd Street, Lansing, IL 60438
K-50.2 mi
Lester Crawl Primary Center
18300 Greenbay Avenue, Lansing, IL 60438
PK-11.1 mi
Memorial Jr High School
2721 Ridge Road, Lansing, IL 60438
6-80.7 mi
Thornton Fractnl So High School
18500 Burnham Avenue, Lansing, IL 60438
9-121.2 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 18207 Locust St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
6/17/2026
Listed
$435,000
72.62%
MLS
11/18/2020
Sold
$252,000
—
Public Record
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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 18207 Locust St

Year
Property Taxes
Change
Tax Assessment
Change
2023
$15,483
—
$32,001
—
2023
$15,483
42%
$31,999
90%
2022
$10,938
3%
$16,830
—
2021
$10,639
8%
$16,830
—
2020
$9,874
-31%
$16,830
-33%
2019
$14,217
2%
$24,972
—
2018
$13,954
-1%
$24,972
—
2017
$14,090
20%
$24,972
17%
2016
$11,710
8%
$21,416
—
2015
$10,881
1%
$21,416
—
2014
$10,730
-2%
$21,416
-12%
2013
$10,899
8%
$24,206
—
2012
$10,132
—
$24,206
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Red Pro Realty LLC

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18207 Locust Street, Lansing, IL 60438 (MLS# 12674718) is a Multi-Family property with 4 units containing 8 bedrooms and 0 full bathrooms. 18207 Locust Street is currently listed for $435,000 and was received on June 17, 2026. Want to learn more about 18207 Locust Street? Do you have questions about finding other Multi-Family real estate for sale in Lansing? You can browse all Lansing real estate or contact a Coldwell Banker agent to request more information.

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