2460 Indiana Avenue
Lansing, IL 60438
- 5 beds
- 4 baths
- – sqft
- 6,098 sqft lot
- 1893 build
- – on site
Charming Historic 4-Unit Property in the Heart of Lansing! This investment opportunity offers instant cash flow with all units currently rented. 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. 2024 tuned furnace, new storm door, caulk and sealed all bathrooms and exterior door & windows One spacious 2-bedroom, 1-bath unit, and three 1-bedroom, 1-bath units. Convenient parking lot at the back for all of the units and additional street parking in the front. Owner-owned coin-operated laundry machines in the basement and additional storage space offer further income potential. 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!
Last checked:
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Last updated Dec 21, 2024
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MLS# 12259708 —
The Building
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Year Built:1893
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Rebuilt:No
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New Construction:false
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Roof:Asphalt
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Basement:Full
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Exterior Features:Patio
Interior
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Rooms Total:10
Location
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Directions:Torrence to Indiana Ave, Property on Left
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Location:87738
The Property
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Parcel Number:30311110440000
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Property Type:Residential Income
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Location:B
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Lot Size Dimensions:50' X 129'
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Lot Size Acres:0.14
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Waterfront:false
Listing Agent
- Contact info:
- Agent phone:
- (815) 671-2003
- Office phone:
- (312) 216-2422
Taxes
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Tax Year:2023
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Tax Annual Amount:7737.79
Beds
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Bedrooms Total:5
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Bedrooms Possible:5
Baths
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Baths:4
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Full Baths:4
The Listing
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Special Listing Conditions:None
Heating & Cooling
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Heating:Natural Gas
Utilities
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Sewer:Public Sewer
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Water Source:Lake Michigan
Schools
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Elementary School District:158
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Middle Or Junior School District:158
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High School District:215
The Community
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Community Features:Street Paved
Parking
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Parking Total:5
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Parking Onsite:Yes
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Parking Ownership:Owned
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
12/21/24
Dec 21, 2024
|
Listed / Active | MRED | $339,900 | 65.8% (27.4% / YR) |
|
7/29/22
Jul 29, 2022
|
MRED | $205,000 | -10.8% | |
|
6/30/22
Jun 30, 2022
|
MRED | $229,900 |
