2415 Thornton Lansing Road

Lansing, IL 60438

$975,000
Price
19
Beds
11
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Pleased to present the opportunity to purchase a multi-family investment property located at 2415 Thornton Lansing Road in Lansing, Illinois. The Property is a three-story brick building and contains eleven (11) residential units comprised of eight (8) 2-Bedroom/1-Bathroom units and three (3), 1-Bedroom/1-Bathroom units. The well-maintained brick apartment building features on-site laundry facilities and Sixteen (16) on-site parking spaces. The property is in Lansing, Illinois which is a South Suburb...Pleased to present the opportunity to purchase a multi-family investment property located at 2415 Thornton Lansing Road in Lansing, Illinois. The Property is a three-story brick building and contains eleven (11) residential units comprised of eight (8) 2-Bedroom/1-Bathroom units and three (3), 1-Bedroom/1-Bathroom units. The well-maintained brick apartment building features on-site laundry facilities and Sixteen (16) on-site parking spaces. The property is in Lansing, Illinois which is a South Suburb of Chicago located along the border of Illinois and Indiana. The property has excellent access to the Kingery Expressway, which connects I-80, I-94, I-294, I-394, IL-83, and US-6 at the Torrence Avenue exit ramp located within 1-mile of the property. The quick highway access provides easy accessibility to both Chicago Metropolitan and Northwest Indiana and the surrounding areas.
  1. Listed by Anthony Spangler • Horvath & Tremblay IL, LLC

Property Details for 2415 Thornton Lansing Road

Area
Lansing

Location

Listing Courtesy of Horvath & Tremblay IL, LLC
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LISTING UPDATED: 06/25/2024 12:07 AM

Property Details for 2415 Thornton Lansing Road

StatusActive
MLS #12088452
Days on Market17
Taxes$29,413 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family 5+ / Flats
Year Built1963
Lot Size0.30 AC / 13,068 SF
CountyCook County

Location

Listing Courtesy of Horvath & Tremblay IL, LLC
Add your commute

Building Information for 2415 Thornton Lansing Road

Stories-Residences11Year Built1963Building Size-Lot Size0.30 AC / 13,068 SF

Payment Calculator

$7,772 per month

30 year fixed, 7.25% Interest

Principal and Interest

$5,321

Property Taxes

$2,451

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2415 Thornton Lansing Road

General Information
Location and General Information
  • Information: 48-Hr Notice Required
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Heat/Ventilation: Electric,Baseboard,Separate Per Unit
  • Num of Baths: 11.0
Property/Lot Information
  • Tenant Pays: Electricity, Heat
  • Built Before 1978: Yes
  • Approximate Age: 36-50 Years
  • Multi-Family Type: Flats
  • Lot Dimensions: 50X300
  • Stories: 3
Property and Assessments
  • Public Document Count: 0
  • Photos Count: 17
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 11
Income & Expenses
  • Electric Expense: $2,121.00
  • Fuel Expense: $2,687.00
  • Gross Income: $133,320.00
  • Gross Scheduled Income: $134,570.00
  • Insurance Expense: $9,161.00
  • Maintenance Expense: $3,375.00
  • Janitor Expense: 0
  • Total Monthly Income: 11110
  • Net Operating Income: $74,605.00
  • Operating Expense: $59,965.00
  • Other Expense: $1,650.00
  • Trash Expense: $1,617.00
  • Water Sewer Expense: $9,941.00
Unit 1
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 1
  • Unit Type Units Total: 8
Unit 2
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 2
  • Unit Type Units Total: 3
Unit 3
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 3
  • Unit Type Units Total: 0
Unit 4
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 4
  • Unit Type Units Total: 0
Unit 5
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 5
  • Unit Type Units Total: 0
Unit 6
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 6
  • Unit Type Units Total: 0
Unit 7
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 7
  • Unit Type Units Total: 0

Property History for 2415 Thornton Lansing Road

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2415 Thornton Lansing Road

Taxable ValueLand$7,800Additions$37,457Total$45,257
Tax Record2022$29,413 ($2,451 / month)
Home Facts
Lot Size13,000 SqFtStyleMulti-Family Res (5+ Units)Year Built1963CountyCOOKAPN30-31-111-002

Schools near 2415 Thornton Lansing Road

This home is within Lansing School District 158.
Rating
School
Type
Grades
Distance
Public - PK to 1
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Lester Crawl Primary Center
PublicPK to 1

Oak Glen Elementary School
PublicK to 5

Memorial Jr High School
Public6 to 8

Thornton Fractnl So High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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2415 Thornton Lansing Road is a multi-family home for sale in Lansing, IL 60438. This property was listed for sale on June 19, 2024 by Horvath & Tremblay IL, LLC, it's currently listed at $975,000. It has been on the market for a total of 17 days and was last sold on October 28, 2004. This listing's school districts are Lansing School District 158, Thornton Fractional Twp Hsd 215 School District. Nearby schools include Lester Crawl Primary Center, Oak Glen Elementary School and Memorial Jr High School. 2415 Thornton Lansing Road is a 19-bed, 11-bath, multi-family home built in 1963.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Horvath & Tremblay IL, LLC

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Based on information submitted to the MLS GRID as of 06/25/2024 12:07 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.