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!
Active
$339,900
2460 Indiana Ave, Lansing, IL 60438
5beds
--sqft
Est.:
Multi Family
Built in 1893
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 129 days
- on Zillow |
- 217 |
- 13 |
Zillow last checked: 7 hours ago
Listing updated: December 26, 2024 at 10:07pm
Listing courtesy of:
Nicholas Kravat 312-216-2422,
Keller Williams ONEChicago,
Mark Quesada 630-308-4562,
Keller Williams ONEChicago
Source: MRED as distributed by MLS GRID,MLS#: 12259708

Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Natural Gas
Features
- Basement: Partially Finished,Full
Property
Parking
- Total spaces: 5
- Parking features: On Site, Owned
Features
- Patio & porch: Patio
Lot
- Size: 6,098.4 Square Feet
- Dimensions: 50' X 129'
Details
- Parcel number: 30311110440000
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Vinyl Siding
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1893
- Major remodel year: 2023
Utilities & green energy
- Sewer: Public Sewer
- Water: Lake Michigan
Community & HOA
Community
- Features: Street Paved
Location
- Region: Lansing
Financial & listing details
- Tax assessed value: $131,890
- Annual tax amount: $7,737
- Date on market: 12/21/2024
- Ownership: Fee Simple
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