Lansing, IL 60438 2460 Indiana Avenue

2460 Indiana Avenue Lansing, IL - Image 12460 Indiana Avenue Lansing, IL - Image 22460 Indiana Avenue Lansing, IL - Image 3
14 more
2460 Indiana Avenue Lansing, IL - Image 42460 Indiana Avenue Lansing, IL - Image 52460 Indiana Avenue Lansing, IL - Image 62460 Indiana Avenue Lansing, IL - Image 72460 Indiana Avenue Lansing, IL - Image 82460 Indiana Avenue Lansing, IL - Image 92460 Indiana Avenue Lansing, IL - Image 102460 Indiana Avenue Lansing, IL - Image 112460 Indiana Avenue Lansing, IL - Image 122460 Indiana Avenue Lansing, IL - Image 132460 Indiana Avenue Lansing, IL - Image 142460 Indiana Avenue Lansing, IL - Image 152460 Indiana Avenue Lansing, IL - Image 162460 Indiana Avenue Lansing, IL - Image 172460 Indiana Avenue Lansing, IL - Image 18
Presented By: Keller Williams ONEChicago
  • MLS# 12127926
  • 08/02/2024
Disclaimer: The information contained in this listing has not been verified by Worth Clark Realty and should be verified by the buyer.
  • Beds • 5
  • Baths • 4

Home Details

**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!
Presented By: Keller Williams ONEChicago

Interior Features for 2460 Indiana Avenue

Bedrooms

Bedrooms Possible5
Total Bedrooms5

Bathrooms

Full Baths Building4
Half Baths Building
Total Baths4

Other Interior Features

BasementFull
BasementPartially Finished
Total Number of Units4

General for 2460 Indiana Avenue

CityLansing
Community FeaturesStreet Paved
CountyCook
Days on Market42
DirectionsTorrence to Indiana Ave, Property on Left
Electric Expense3792
Elementary School District158
Exterior FeaturesPatio
Fuel Expense1152
HeatingNatural Gas
High School District215
Insurance Expense4000
MLS AreaLansing
Middle/Junior School District158
New ConstructionNo
Percent OwnershipFee Simple
PossessionClosing
Property TypeResidential Income
Property TypeTwo to Four Units
RoofAsphalt
SewerPublic Sewer
Standard StatusActive
StatusActive
Tax Annual Amount7737.79
Tax Year2023
Total Rooms10
TownshipThornton
Trash Expense792
Water Sewer Expense1028
Waterfront Y/NNo
Year Built1893

Exterior for 2460 Indiana Avenue

ExteriorVinyl Siding
Lot Dimensions50' X 129'
Lot Size Acres0.14
Total Parking5
Water SourceLake Michigan

Additional Details

Price History

Worth Clark

Price $364,900
MLS#12127926
List Date 08/02/2024
Property Type Multi-Family
Phone
Get pre-approved
Request Tour
Request Info
Visit My Website

Similar Properties to 2460 Indiana Avenue