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Karen Barbagallo
REALTOR®
(815) 988-5577
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18207 Locust Street , Lansing, IL 60438

$435,000
  • 18207 Locust Street , Lansing, IL 60438 Main Photo

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New to the Market New
BEDS8 BATHS4 full MLS#12674718
STATUSNew PROPERTY TYPEMulti Unit - Multiple SCHOOLDistrict 215

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!

18207 Locust Street | MLS# 12674718

This multi-family property located at 18207 Locust Street , Lansing, IL 60438 is currently listed for sale with an asking price of $435,000. Locust Street is located within the District 215 school district. Search Lansing real estate on kbarbagallo.gogambino.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Unfinished, Full
Basement: Yes
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

Local Schools

School District: District 215

Listed By / Shown By

Listed By

Agency Name: Red Pro Realty LLC
Agency Phone: 312-451-7490

Shown By

Agent Name: Karen Barbagallo
Agent Phone: (815) 988-5577
Agency Title: Gambino Realtors

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Estimated Payment

$ 3,287.45 per month $1,975.91 Principal & Interest $1,184.67 Property Tax $126.88 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 06/18/2026. The listing information on this page last changed on 06/18/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Thu 06/18/2026 12:04:32 AM EST) or MRED MLS (last updated Wed 06/17/2026 11:58:13 PM EST) or Rockford Board of Realtors (NWIAR) (last updated Wed 06/17/2026 10:16:39 PM EST) or Northern Illinois Commercial Association Realtors (last updated Wed 06/17/2026 2:10:07 PM EST). Real estate listings held by brokerage firms other than Gambino Realtors may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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