Listing Courtesy of Real People Realty, Inc., Jessica Westerhoff

2441 Indiana, Lansing, Illinois, 60438

Long time owners looking to retire. 1st time this property has ever been offered for sale. This building is a money maker and looking for a new investor to continue its solid rental income history. The building holds 5 units that are well maintained and rented. There is an additional 5 garage spaces that are rented out to maximize your rental income. This property brings in $68,400 in rents a year. Many updates throughout the building over the years like roof in 2009, most of the windows have been replaced, fresh paint, good appliances, updated cabinets, lighting, bathrooms. This building is located in a quiet residential neighborhood. Cap Rate is sitting over 11%. This place is a property owner's dream.

Active

$393,000

Multi-family

MLS

11249598

2 Stories

Built in 1888

13213 (2020)

Disclaimer: The information contained in this listing has not been verified by Real People Realty, Inc. and should be verified by the buyer.

Information provided by MRED

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ADDRESS & DIRECTIONS

  • Street Address: 2441 Indiana
  • City: Lansing
  • State: Illinois
  • County: Cook
  • Directions:
    Take Torrence to Indiana, turn east on Indiana and continue to address

PROPERTY FEATURES

General Information

  • Property Information : List Broker Must Accompany,48-Hr Notice Required
  • Current Use : Multi-Family
  • Zoning : MULTI

Heating /Cooling Features

  • Cooling:
  • Heat/Ventilation : Central Bldg Heat,Radiators

Parking Features

  • 10 Total Parking

Construction Features

  • Construction Materials: Wood Frame

Utility Information

  • Utilities : Sewer-Storm Available,Water-Municipal
  • Electric : Circuit Breakers,Separate Meters

SCHOOLS NEAR 2441 Indiana

  • Listings courtesy of Midwest Real Estate Data (MRED) | Chicago Association of REALTORS® as distributed by MLS GRID.
  • Courtesy of Real People Realty, Inc., Jessica Westerhoff
  • Property last updated on MRED : 10/28/2021 10:56:58 PM