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.
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.
**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!
The median home value in Lansing, IL is $175,800. 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 $175,800. 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 60438 has a population of 28,916. Lansing 60438 is less family-centric than the surrounding county with 22.18% 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 60438 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 60438 is 40.6 years.
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.