Illinois
Lansing
2460 Indiana Avenue

$340,000

2460 Indiana Avenue, Lansing, IL 60438

5 beds |
4 baths

Multi-Family Home
Built in 1893
6,098sqft lot
—— car garage
$——/sqft
Listed 2 months ago

Property Description

Charming Historic 4-Unit Property in the Heart of Lansing! This investment opportunity offers instant cash flow. 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 with fresh paint in unit 3. 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!

Listing Status:: Active
Listing Office:: Keller Williams ONEChicago : 815-671-2003
Listing Agent:: Nicholas Kravat : 815-671-2003
MLS ID:: 12368689

Basement: Partially FinishedFull
Heating: Natural Gas

This listing courtesy of Nicholas Kravat, Keller Williams ONEChicago

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Thornton Fractnl So High School

18500 Burnham Ave, Lansing, IL, 60438

Grades 9-12

0.97 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.