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Active
  • $340,000

    2460 Indiana Ave, Lansing, IL 60438

    5beds
    --sqft
    : 
    Multi Family
    Built in 1893
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Renovated garden unitWood decksNew roof
    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!
    78 days
    on Zillow
    |
    175
    |
    4
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    Zillow last checked: 7 hours ago

    Listing updated: May 23, 2025 at 10:07pm

    Listing courtesy of:

    Nicholas Kravat 312-216-2422,

    Keller Williams ONEChicago

    Source: MRED as distributed by MLS GRID,MLS#: 12368689MLS Logo
    Travel times

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 4
    • Full bathrooms: 4
    Heating
    • Natural Gas
    Features
    • Basement: Partially Finished,Full

    Property

    Parking
    • Total spaces: 5
    • Parking features: On Site, Owned
    Features
    • Patio & porch: Patio
    Lot
    • Size: 6,098.4 Square Feet
    • Dimensions: 50' X 129'
    Details
    • Parcel number: 30311110440000
    • Special conditions: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Vinyl Siding
    • Roof: Asphalt
    Condition
    • New construction: No
    • Year built: 1893
    • Major remodel year: 2023

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Lake Michigan

    Community & HOA

    Community
    • Features: Street Paved
    Location
    • Region: Lansing

    Financial & listing details

    • Tax assessed value: $180,000
    • Annual tax amount: $7,737
    • Date on market: 5/18/2025
    • Ownership: Fee Simple
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