$364,900
2460 Indiana Avenue Lansing, IL 60438
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$364,900
Est. payment /mo
5 BD
6,098 Sqft Lot
Price Dropped by $10K
2460 Indiana Avenue Lansing, IL 60438
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
Community Street Paved
Rooms
Basement Full
Interior
Heating Natural Gas
Fireplace N
Exterior
Exterior Feature Patio
Waterfront false
View Y/N true
Roof Type Asphalt
Building
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
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