2460 Indiana Avenue
$364,900
5
4
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Description
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:...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!
- Listed by Nicholas Kravat • Keller Williams ONEChicago
- Listed by Mark Quesada • Keller Williams ONEChicago
Property Details for 2460 Indiana Avenue
Area
Lansing
TownshipThornton
OwnershipFee Simple
Num Of Parking Spaces5.0
Parking Included in PriceYes
Heat/FuelNatural Gas
LISTING UPDATED: 10/05/2024 06:04 PM
Property Details for 2460 Indiana Avenue
Status | Active |
---|---|
MLS # | 12127926 |
Days on Market | 104 |
Taxes | $7,738 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Two to Four Units / 4 Flat |
Year Built | 1893 |
Lot Size | 0.14 AC / 6,098 SF |
County | Cook County |
Building Information for 2460 Indiana Avenue
Stories-Residences4Year Built1893Building Size-Lot Size0.14 AC / 6,098 SF
Property Information for 2460 Indiana Avenue
Property History for 2460 Indiana Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 2460 Indiana Avenue
Taxable ValueLand$2,325Additions$10,864Total$13,189
Tax Record2022$8,572 ($714 / month)
Home Facts
Baths2Total Finished SqFt2,251 SqFtAbove Grade Finished SqFt2,251 SqFtStories2Lot Size6,200 SqFtStyleMulti-Family Res (5+ Units)Year Built1893CountyCOOKAPN30-31-111-044Fireplace TypeHas Fireplace
Schools near 2460 Indiana Avenue
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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