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$229,900
Est. payment /mo
2,960 SqFt
UPDATED:
01/20/2025 08:34 PM
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 2,960 sqft
Price per Sqft $77
MLS Listing ID 12191970
Year Built 1973
Annual Tax Amount $12,226
Tax Year 2022
Lot Dimensions 50' X 125'
Property Description
Prime Mixed-Use Commercial Property in Lansing, IL - Income-Producing! This well-maintained mixed-use property in the heart of Lansing offers an excellent investment opportunity with solid rental income. The building features two large office spaces currently rented as one, as well as two 1-bedroom apartments, each with good space. With reliable tenants already in place, the property generates consistent cash flow, making it a smart addition to any investor's portfolio. The property is in good condition and provides ample potential for future updates or customization to suit your needs. Whether you're looking to continue as-is with minimal maintenance or implement value-added improvements, the versatility of this mixed-use space allows for various possibilities. Additionally, the property's ideal location is a major selling point. Situated near shopping, dining, and essential services, as well as major thoroughfares, it offers convenience and accessibility for both residential and commercial tenants. With its established income stream, strong rental history, and excellent location, this property presents a unique opportunity to invest in a great area. Don't miss out on this chance to acquire a stable, income-producing asset with long-term potential.
Location
State IL
County Cook
Zoning COMMR
Interior
Cooling Exhaust Fan, Window Unit(s)
Flooring Carpet, Concrete, Tile, Varies, Vinyl
Fireplace N
Exterior
Utilities Available Electric to Site, Gas to Site, Sanitary Sewer, Water-Municipal
View Y/N true
Roof Type Membrane,Rubber,Shake
Building
Foundation Concrete Perimeter
Structure Type Brick,Wood Frame
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© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by James Samuelson • Berkshire Hathaway HomeServices Executive Realty