18207 Locust St., Lansing, IL 60438

18207 Locust St., Lansing, IL 60438
Photo 1 of 3
$425,000
Beds Baths Sq. Ft. Taxes Built
8 0 $14,216.99 1965
On the market: 42 days

Est. Monthly Payment:

$3,730($2,545 + $1,185 taxes*)

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APPROVED
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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!
Listing courtesy of Shari Smith, Red Pro Realty LLC