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$435,000
Est. payment /mo
8 Beds
4 Baths
7,405 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12674718
Style Traditional
Bedrooms 8
Year Built 1965
Annual Tax Amount $14,216
Tax Year 2024
Lot Size 7,405 Sqft
Lot Dimensions 96X83X97X82
Property Sub-Type Two to Four Units
Property 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!
Location
State IL
County Cook
Area Lansing
Zoning MULTI
Rooms
Basement Unfinished, Full
Interior
Heating Natural Gas
Equipment CO Detectors
Fireplace N
Exterior
Community Features Curbs, Street Lights, Street Paved
Roof Type Asphalt
Building
Lot Description Common Grounds
Dwelling Type Two to Four Units
Building Description Brick, No
Sewer Public Sewer
Water Public
Structure Type Brick
New Construction false
Schools
School District 158 , 158, 215
Others
Ownership Fee Simple
Special Listing Condition None
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Listed by Shari Smith of Red Pro Realty LLC
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