Lansing, IL 60438,2460 Indiana AVE
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Lansing, IL 60438,2460 Indiana AVE
Lansing, IL 60438,2460 Indiana AVE
Lansing, IL 60438,2460 Indiana AVE
Lansing, IL 60438,2460 Indiana AVE
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2460 Indiana AVE Lansing, IL 60438

5 Beds

6,098 Sqft Lot


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

Area Lansing

Rooms

Basement Full

Interior

Heating Natural Gas

Fireplace N

Exterior

Exterior Feature Patio

Community Features Street Paved

Waterfront false

Roof Type Asphalt

Building

Dwelling Type Two to Four Units

Sewer Public Sewer

Water Lake Michigan

New Construction false

Schools

School District 158 , 158, 215

Others

Ownership Fee Simple

Special Listing Condition None


Midwest Real Estate Data (MRED) IDX
Listed by Nicholas Kravat • Keller Williams ONEChicago