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18207 Locust Street Lansing, IL 60438

$435,000
New / MLS# 12674718 / Multi Unit - Multiple / Lansing
8 Beds
4 Baths

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!

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Baird & Warner Taylor Flood Agent Cell: 815.405.4605 Email

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Estimated Payment

$ 2,278.21 per month $966.67 Principal & Interest $1,184.67 Property Tax $126.88 Homeowner's Insurance
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Property Details

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

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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