O'Neil Property Group

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$425,000
35 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
PriceΒ 
$425,000
Days On SiteΒ 
35 Days
BedroomsΒ 
8
Inside Area (SqFt)Β 
N/A
Total BathsΒ 
4
Full BathsΒ 
N/A
Partial BathsΒ 
N/A
Lot SizeΒ 
0.17 Acres
Year BuiltΒ 
1965
MLS NumberΒ 
12774098
StatusΒ 
Active
Property TaxΒ 
$14,216.99
HOA/Condo/Coop FeesΒ 
N/A
Sq Ft SourceΒ 
N/A
Friends & Family
Recent Activity
2 weeks agoListing updated with changes from the MLS
2 weeks agoStatus changed to Active
3 weeks agoPrice changed to $425,000
a month agoListing first seen on site
General Features
AcresΒ 
0.17
FoundationΒ 
Concrete Perimeter
ParkingΒ 
UnassignedOff StreetDriveway
Parking SpacesΒ 
8
Property Sub TypeΒ 
Multi Family
SewerΒ 
Public Sewer
StyleΒ 
Traditional
Water SourceΒ 
Public
ZoningΒ 
MULTI
Interior Features
BasementΒ 
UnfinishedFull
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Exterior Features
Construction DetailsΒ 
Brick
Other StructuresΒ 
None
RoofΒ 
Asphalt
Community Features
Community FeaturesΒ 
CurbsStreet Lights
MLS AreaΒ 
Lansing
School DistrictΒ 
215
TownshipΒ 
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 2026-11-06 06:48 AM 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: 2026-11-06 06:48 AM UTC
MRED DMCA Copyright Information Copyright Β© 2026 Midwest Real Estate Data LLC. All rights reserved.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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