5
Bedrooms
4
Bathrooms
Sq Ft
Year Built

About This Property

Charming Historic 4-Unit Property in the Heart of Lansing! This investment opportunity offers instant cash flow. 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. 2024 tuned furnace, new storm door, caulk and sealed all bathrooms and exterior door & windows with fresh paint in unit 3. One spacious 2-bedroom, 1-bath unit, and three 1-bedroom, 1-bath units. Convenient parking lot at the back for all of the units and additional street parking in the front. Owner-owned coin-operated laundry machines in the basement and additional storage space offer further income potential. 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!

MLS# MRD12368689Listed 5/18/2025Residential Income

Property Details

Interior Features

Stories
Cooling
HeatingNatural Gas
Garage Spaces

Location & Exterior

CountyCook
Subdivision
Lot Size

School Information

Elementary
Middle School
High School

Property Location

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Property Summary

Price
Location
Lansing, IL
Property Type
Residential Income

Listing Courtesy of MRED as distributed by MLS Grid
@properties Christie's International Real Estate