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2460 Indiana Avenue

Lansing, IL 60438
  • $364,900
  • STATUS: Active
  • ON SITE: 94 Days
  • MLS #: 12127926
UPDATED: 61 min ago
$364,900
  • 5
    BEDS
  • 0.14
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1893
County:
Area:

School Ratings & Info

School District:
158

Description

**Charming Historic 4-Unit Property in the Heart of Lansing!** This investment opportunity offers instant cash flow with all units currently rented to excellent tenants. (Unit 1 will be vacant upon closing) Recent upgrades ensure peace of mind and increased property value, making this a standout choice for investors. Recent Improvements: - **2022:** New roof, furnace, AC, and electric panel - **2023:** Newly installed front and back wood decks, along with a completely renovated garden unit Property Details: - **Unit Mix:** One spacious 2-bedroom, 1-bath unit, and three 1-bedroom, 1-bath units - **Parking:** Convenient parking lot at the back and additional street parking in the front - **Extra Income:** Owner-owned coin-operated laundry machines in the basement and additional storage space offer further income potential Prime Location: Nestled in a highly desirable area of Lansing, this property is well-maintained and fully compliant. Financials: Enjoy a robust monthly rental income of $4,000, translating to an impressive annual income of $48,000. Seize the opportunity to own this well-updated, income-generating property in a thriving community. Contact us today to schedule a viewing!

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© 2024 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively 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 is deemed reliable but is not guaranteed accurate by MTP, MRED or Jasinski Home Team | Berkshire Hathaway HomeServices Chicago. Based on information submitted to the MRED as of 2024-11-05T10:03:02.003 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED 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. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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2460 Indiana Avenue Lansing, IL 60438

  • Price: $364,900
  • Status: Active
  • On Site: 94 Days
  • Updated: 61 min ago
  • MLS #: 12127926
5
Beds
0
Baths
0
½ Baths
0.14
Acres
1893
Built
Neighborhood:
Cook
County:
Cook
Area:
Cook
School District:
158
Property Description
**Charming Historic 4-Unit Property in the Heart of Lansing!** This investment opportunity offers instant cash flow with all units currently rented to excellent tenants. (Unit 1 will be vacant upon closing) Recent upgrades ensure peace of mind and increased property value, making this a standout choice for investors. Recent Improvements: - **2022:** New roof, furnace, AC, and electric panel - **2023:** Newly installed front and back wood decks, along with a completely renovated garden unit Property Details: - **Unit Mix:** One spacious 2-bedroom, 1-bath unit, and three 1-bedroom, 1-bath units - **Parking:** Convenient parking lot at the back and additional street parking in the front - **Extra Income:** Owner-owned coin-operated laundry machines in the basement and additional storage space offer further income potential Prime Location: Nestled in a highly desirable area of Lansing, this property is well-maintained and fully compliant. Financials: Enjoy a robust monthly rental income of $4,000, translating to an impressive annual income of $48,000. Seize the opportunity to own this well-updated, income-generating property in a thriving community. Contact us today to schedule a viewing!
Exterior Features

Exterior Building Type Vinyl Siding Exterior Features Patio Is Parking Included In Price Yes Lot Size Less Than .25 Acre Multi Family Type 4 Flat Parking Details Space/s Parking Onsite Yes Parking Ownership Owned Parking Total 5 Roof Asphalt Waterfront YN No

Interior Features

Basement Partially Finished Basement Details Full Bedrooms Below Grade 0 Bedrooms Total 5 Full Baths In Building 4 Half Baths In Building 0 Heating Natural Gas Rooms Total 10

Property Features

Age 100+ Years Built Before1978 YN Yes Community Features Street Paved Corporate Limits Lansing General Information Commuter BusHistorical District Insurance Expense 4000 Mls Actual Status Active New Construction YN No Other Additional Income Coin Laundry Ownership Fee Simple Rebuilt YN No Rehab Year 2023 Sewer Public Sewer Special Listing Conditions None Tax Annual Amount 7737.79 Tax Year 2023 Total Numberof Unitsin Building 4 Total Rental Income $48000.00 Township Thornton Type Two to Four Units Water Source Lake Michigan

Listing information © 2024 Midwest Real Estate Data LLC.
Listing provided courtesy of Keller Williams ONEChicago: 312-216-2422.


© 2024 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively 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 is deemed reliable but is not guaranteed accurate by MTP, MRED or Jasinski Home Team | Berkshire Hathaway HomeServices Chicago. Based on information submitted to the MRED as of 2024-11-05T10:03:02.003 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED 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. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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