$ 364,900
2460 Indiana AVE Lansing, IL 60438
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REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
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$ 364,900
Est. payment /mo
Price Dropped by $10K
2460 Indiana AVE Lansing, IL 60438
5 Beds
6,098 Sqft Lot
UPDATED:
10/05/2024 11:04 PM
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12127926
Bedrooms 5
Year Built 1893
Annual Tax Amount $7,737
Tax Year 2023
Lot Size 6,098 Sqft
Lot Dimensions 50' X 129'
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!
Location
State IL
County Cook
Area Lansing
Rooms
Basement Full
Interior
Heating Natural Gas
Fireplace N
Exterior
Exterior Feature Patio
Community Features Street Paved
Waterfront false
Roof Type Asphalt
Building
Dwelling Type Two to Four Units
Sewer Public Sewer
Water Lake Michigan
New Construction false
Schools
School District 158 , 158, 215
Others
Ownership Fee Simple
Special Listing Condition None
© 2024 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Nicholas Kravat • Keller Williams ONEChicago