New Listing
Description
BACK ON THE MARKET... due to the previous buyer being unable to complete the transaction. Seller has addressed all items identified during the prior inspection. Property is ready for a new buyer and presents a solid investment opportunity. This four-unit investment property in Lansing offers an excellent opportunity for an investor looking to expand their portfolio or an owner-occupant seeking the benefits of rental income. The property is fully occupied and well maintained, providing immediate rental income. Each of the four units features two generously sized bedrooms and one bath. It also includes six exterior parking spaces, a valuable convenience. An unfinished basement provides additional space and potential for tenant storage or other permitted uses, adding further versatility. Conveniently located in Lansing, a well-established south suburban community with parks, amenities, and access to the greater Chicago area. The property combines location, functionality, and income-producing potential/rents are low for the area. With fully occupied units, and valuable features, this four-unit building is ready for its next owner. Bring your buyer and take a closer look - this may be the investment opportunity they've been waiting for!
Details
| MLS # | 12774098 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1965 |
| Days On Site | 2 |
| 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: $430,000 low | high Med: $219,900 On site: 2 low | high Med: 1 | |
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: $430,000 low | high Med: $219,900 On site: 2 low | high Med: 1 | |
