18207 Locust St

3,430 Sq. Ft.
$127 / Sq. Ft.
3,430
Sq. Ft.
$127
per Sq. Ft.

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,...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!
  1. Listed by Shari Smith • Red Pro Realty LLC
    P: (312)-451-7490 C: (312)-451-7490 rpr@red2yourdoor.com

Property Details for 18207 Locust Street

Area
Lansing
Township
Thornton
Ownership
Fee Simple
Num Of Parking Spaces
8.0
Parking Included in Price
Yes
Heat/Fuel
Natural Gas
Architectural Style
Traditional
Zoning
MULTI
LISTING UPDATED: 06/18/2026 05:46 PM

Property Details for 18207 Locust Street

StatusNew
MLS #12674718
Days on Market3
Taxes$14,217 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeTwo to Four Units / 4 Flat
Year Built1965
Lot Size0.17 AC / 7,405 SF
CountyCook County

Location

Listing Courtesy of Red Pro Realty LLC
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Building Information for 18207 Locust Street

Stories-Residences4Year Built1965Building Size-Lot Size0.17 AC / 7,405 SF

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Property Information for 18207 Locust Street

General Information
School Information
  • Elementary School District: 158
  • High School District: 215
  • Middle Or Junior School District: 158
Addtl Parking Information
  • Parking Details: Unassigned, Off Alley, Off Street, Driveway, Yes, Owned
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Num Of Rooms: 16
  • Bedrooms Total: 8
  • Bedrooms (Below Grade): 0
  • Community Features: Curbs, Street Lights, Street Paved
  • Basement Type: Unfinished, Full
  • Bedrooms Possible: 8
  • # Full Baths in Building: 4
  • # Half Baths in Building: 0
  • Num of Baths: 4.0
Utilities / Equipment
  • Sewer: Sewer-Public
  • Water: Public
  • Other Equipment: CO Detectors
Property/Lot Information
  • New Construction YN: No
  • Rebuilt: No
  • Rehabilitated: Yes
  • Rehab Year: 2020
  • Built Before 1978: Yes
  • Age: 61-70 Years
  • Lot Description: Common Grounds
  • Lot Size: Less Than .25 Acre
  • Lot Dimensions: 96X83X97X82
  • Total # Units in Building: 4.0
  • Other Structures: None
  • Waterfront: No
  • Exterior Building Type: Brick
  • Construction: Brick
  • Roof Type: Asphalt
  • Foundation Details: Concrete Perimeter
  • General Information: School Bus Service,Commuter Train,Interstate Access
  • North Coordinate: 0
  • South Coordinate: 0
  • East Coordinate: 0
  • West Coordinate: 0
  • 3 Br Un In Bldg: No
  • Conversion: N
  • Flood Zone: Yes
Property and Assessments
  • Buyer Financing: Conventional, FHA, VA, Cash
  • Public Document Count: 0
  • Photos Count: 1
  • Habitable Residence: Yes
  • Deconversion: N
  • OpenHouse Count: 0
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Unit 1
  • Unit Type Actual Rent: $1,100.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 1
  • Lease Expiration Date: 0
Unit 2
  • Unit Type Actual Rent: $1,100.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 2
  • Lease Expiration Date: 0
Unit 3
  • Unit Type Actual Rent: $1,100.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 3
  • Lease Expiration Date: 0
Unit 4
  • Unit Type Actual Rent: $.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 4
  • Lease Expiration Date: 0

Property History for 18207 Locust Street

DateEvent & SourcePriceAppreciation
Jun 17, 2026

Listed (Active)

MRED #12674718

$435,000
Nov 18, 2020

Sold (Public Record)

Public Record #686626383

$252,000

+1.9% / yr

Nov 18, 2020

Sold

MRED #10753910

$252,000
DateEvent & SourcePrice
06/17/2026

Listed (Active)

MRED #12674718

$435,000
11/18/2020

Sold (Public Record)

Public Record #686626383

$252,000

+1.9% / yr

11/18/2020

Sold

MRED #10753910

$252,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 18207 Locust Street

Taxable ValueLand$4,285Additions$27,716Total$32,001
Tax Record2023$15,483 ($1,290 / month)
Home Facts
Baths4Total Finished SqFt3,430 SqFtAbove Grade Finished SqFt3,430 SqFtStories2Lot Size7,790 SqFtStyleMulti-Family Res (5+ Units)Year Built1964CountyCOOKAPN29-36-404-032

Schools near 18207 Locust Street

This home is within Lansing School District 158.
Rating
School
Type
Grades
Distance
Public - PK to 1
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Lester Crawl Primary Center
PublicPK to 1

Oak Glen Elementary School
PublicK to 5

Memorial Jr High School
Public6 to 8

Thornton Fractional South High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

18207 Locust Street is a multi-family home for sale in Lansing, IL 60438. This property was listed for sale on June 17, 2026 by Red Pro Realty LLC, it's currently listed at $435,000. It has been on the market for a total of 3 days and was last sold on November 18, 2020. This listing's school districts are Thornton Fractional Twp Hsd 215 School District, Lansing School District 158. Nearby schools include Lester Crawl Primary Center, Oak Glen Elementary School and Memorial Jr High School. 18207 Locust Street is a 8-bed, 4-bath, 3,430 sqft multi-family home built in 1965.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Red Pro Realty LLC

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 06/18/2026 05:46 PM. 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.