Lansing IL Multi Family for Sale

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Type:
Multi-Family
Sq.Ft.:
n/a
Status:
NEW LISTING
Beds:
4
Year built:
1961
Baths:
4.00
MLS#:
12205540

ADDITIONAL INFORMATION

Brick/vinyl sided duplex, owner-occupied with second unit rented - each unit has separate entrance. Large units with living/dining room, nice kitchens, two upper bedrooms each, upper bath and half bath facilities - lower level. Unit 2 which is 18549 has fireplace, finished basements and laundry rooms with washers/dryers. 2-car garage. Property needs upgrades and work and sold "as is." Present owner has occupied property since 1992. Easy access to street via cuved drive on 18553 side.

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
7
Year built:
1964
Baths:
4.00
MLS#:
12169194
Subdivision:
Forest Glen

ADDITIONAL INFORMATION

Fully rented - Recently refreshed Brick 4 Unit. Three are 2 Bedrooms & One is a 1 Bedroom. Modern SS appliances. Each unit has AC. Onsite coin Laundry (Washer & Dryer,) Tenants responsible for Gas, Light & Heat. Owner pays water and trash. Very close to expressways And Bus Transportation On Torrence.

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
5
Year built:
1893
Baths:
4.00
MLS#:
12127926

ADDITIONAL INFORMATION

**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!

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Andrea D. Conner, License 471020674, Xome Inc., License 478026347, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Ste 100, Lewisville, TX 75067


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Lansing Real Estate

The median home value in Lansing, IL is $200,000. This is lower than the county median home value of $279,800. The national median home value is $338,100. The average price of homes sold in Lansing, IL is $200,000. Approximately 63.66% of Lansing homes are owned, compared to 28.14% rented, while 8.2% are vacant. Lansing real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Lansing real estate agent to arrange a tour today!

Lansing, Illinois has a population of 28,916. Lansing is less family-centric than the surrounding county with 22.02% of the households containing married families with children. The county average for households married with children is 29.73%.

The median household income in Lansing, Illinois is $62,397. The median household income for the surrounding county is $72,121 compared to the national median of $69,021. The median age of people living in Lansing is 40.6 years.

Lansing Weather

The average high temperature in July is 83.9 degrees, with an average low temperature in January of 17.7 degrees. The average rainfall is approximately 38.8 inches per year, with 31.3 inches of snow per year.

Lansing Real Estate Market Conditions

  • Median sales price

    $200,000
    13.7% change since last quarter
  • # Active listings

    167
    30-day change

Lansing Schools and Demographics

Education near Lansing, IL

Metric City County
High School Graduates 91.3 87.97
College Degree - 2 year 10.44 6.73
College Degree - 4 year 25.89 40.75
Graduate Degree 6.96 12.01
Expenditures per Student 21,907 21,907
Students per Teacher 14 14

Elementary Schools near Lansing, IL

School Grades Students P/T Ratio ZIP
Carol Moseley Braun School 01 - 06 354 22.1 60409
Caroline Sibley Elementary School KG - 06 710 19.2 60409
Coolidge Elementary School KG - 05 675 16.9 60438
Eisenhower School 02 - 03 311 14.1 60473
Greenwood Elementary School PK - 03 416 18.1 60473
Hickory Bend Elementary School KG - 04 304 13.2 60425
Hoover Elementary School PK - 05 626 15.7 60409
Lester Crawl Primary Center PK - 01 93 12.4 60438
Lincoln Elementary School PK - 08 988 17.3 60409
Longwood Elementary School PK - 04 360 13.7 60425
Nathan HALE Elementary School PK - 04 537 16.3 60438
New Beginnings Learning Academy KG - 06 390 19.5 60473
Oak Glen Elementary School KG - 05 560 19.8 60438
Reavis Elementary School KG - 05 284 17.9 60438
Wentworth Intermediate School 03 - 05 343 14 60409
Wilson Elementary School PK - 02 467 20 60409
Wolcott School KG - 08 228 11.7 60476

Middle Schools near Lansing, IL

School Grades Students P/T Ratio ZIP
Brookwood Junior High School 07 - 08 281 15.1 60425
Brookwood Middle School 05 - 06 266 14 60425
Creative Communications Academy 07 - 08 221 17 60409
Heritage Middle School 05 - 08 497 12.9 60438
Madison School 04 - 05 317 15.1 60473
McKinley Elementary School 04 - 05 160 22.9 60473
McKinley Junior High School 06 - 08 333 13.9 60473
Memorial Junior High School 06 - 08 866 15.2 60438
S T E M Academy 07 - 08 224 22.4 60409
School of Fine Arts 07 - 08 222 20.2 60409
Schrum Memorial School 06 - 08 273 9.8 60409
Wentworth Junior High School 06 - 08 389 12.6 60409

High Schools near Lansing, IL

School Grades Students P/T Ratio ZIP
Thornton Fractnl No High School 09 - 12 1,567 18.7 60409
Thornton Fractnl So High School 09 - 12 1,834 18.1 60438
Thornwood High School 09 - 12 1,816 12.4 60473

Ungraded Schools near Lansing, IL

School Grades Students P/T Ratio ZIP
Echo School 04 - 12 353 4.6 60473

Demographics near Lansing, IL

Metric City County
Neighborhood Type Suburban
Population 28,916 5,265,398
Population Density 3,875 5,572
Median Age 40.6 37.3
People per Household 2.6 2.5
Median Household Income 62,397 72,121
Average Income per Capita 30,897 41,706