Description
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!
Details
| MLS # | 12674718 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Pending |
| Year | 1965 |
| Days On Site | 66 |
| Listing Provided By | Red Pro Realty LLC | Shari Smith |
Features
| Bed(s) | 8 |
|---|---|
| Bath(s) | 4 |
| Basement | Y |
| Zoning | MULTI |
| Acreage | 0.17 |
Interior
| Rooms Total | 16 |
|---|---|
| Heating | Natural Gas |
Exterior
| Roof | Asphalt |
|---|---|
| Foundation Details | Concrete Perimeter |
| Lot Features | Common Grounds |
| Construction Materials | Brick |
Parking
| Parking Features | Unassigned, Off Alley, Off Street, Driveway, Yes, Owned |
|---|
Utilities
| Sewer | Public Sewer |
|---|
Location
| Community Features | Curbs, Street Lights, Street Paved |
|---|
Taxes
| Tax Year | 2024 |
|---|---|
| Tax Annual Amount | 14216.99 |
Area Information
| State | IL |
|---|---|
| County | Cook |
| City | Lansing |
| Zip Code | 60438 |
| Area | Lansing |
| Listing VS Median (in 60438) | |
Price: $435,000 low | high Med: $210,000 On site: 66 low | high Med: 107.5 | |
Market Activity 60438
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Learn More About This Property
| State | IL |
|---|---|
| County | Cook |
| City | Lansing |
| Zip Code | 60438 |
| Area | Lansing |
| Listing VS Median (in 60438) | |
Price: $435,000 low | high Med: $210,000 On site: 66 low | high Med: 107.5 | |
