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$340,000

Est. payment - /mo

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5 Beds

4 Baths

6,098 Sqft Lot

Active

2460 Indiana AVE Lansing, IL 60438

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Park Place Realty Group LLC

info@parkplacerealtyllc.com +1(708) 722-5106

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Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12368689

Bedrooms 5

Year Built 1893

Annual Tax Amount $7,737

Tax Year 2023

Lot Size 6,098 Sqft

Lot Dimensions 50' X 129'

Property Sub-Type Two to Four Units

Property Description

Charming Historic 4-Unit Property in the Heart of Lansing! This investment opportunity offers instant cash flow. 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. 2024 tuned furnace, new storm door, caulk and sealed all bathrooms and exterior door & windows with fresh paint in unit 3. One spacious 2-bedroom, 1-bath unit, and three 1-bedroom, 1-bath units. Convenient parking lot at the back for all of the units and additional street parking in the front. Owner-owned coin-operated laundry machines in the basement and additional storage space offer further income potential. 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 Partially Finished, Full

Interior

Heating Natural Gas

Fireplace N

Exterior

Community Features Street Paved

Roof Type Asphalt

Building

Dwelling Type Two to Four Units

Building Description Vinyl Siding, No

Sewer Public Sewer

Water Lake Michigan

Structure Type Vinyl Siding

New Construction false

Schools

School District 158 , 158, 215

Others

Ownership Fee Simple

Special Listing Condition None

Listed by Nicholas Kravat • Keller Williams ONEChicago

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Park Place Realty Group LLC

Broker | License ID: 888222

+1(708) 722-5106