2460 Indiana Avenue, Lansing, IL 60438 - Photo 1

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1/19

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$339,900 Just Listed

For Sale
Active
Multi-Family
5 Total Beds
Updated 5 days ago

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1/19

Property Description

Charming Historic 4-Unit Property in the Heart of Lansing! This investment opportunity offers instant cash flow with all units currently rented. 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 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!

Full Property Details

Full Property Details for 2460 Indiana Ave

General

Price: $339,900
Taxes: $7,737 (2023)
Status: Active
Type: Multi-Family
Source: MRED
MLS ID: 12259708
Updated: 12/21/2024
Added to Site: 5 day(s) ago

Rental Information

Complex Features: Street Paved

Interior

Basement: Full

Rooms

Bathrooms

Total Bathrooms: 4
Upper - Full Baths: 4

Bedrooms

Total Bedrooms: 5

Additional Information

Other Features: Commuter Bus, Historical District

Exterior

Exterior Features: Patio

Parking

Total Spaces: 5
Parking Ownership: Owned
Parking Type: Space(s)
Parking On-Site: Yes

Location

Area: Lansing
County: Cook
Township: Thornton
Driving Directions: Torrence to Indiana Ave, Property on Left

School Information

School District: 158
Elem School District: 158
Midd School District: 158
High School District: 215

Heating & Cooling

Heating Type: Natural Gas

Utilities

Sewer: Public Sewer
Water: Lake Michigan
Trash: 792

Structural Information

Exterior Const.: Vinyl Siding
Basement: Yes
Basement Desc.: Full
Roof: Asphalt
Year Built: 1893
Built Before 1978: Yes
Remodeled/Updated: 2023

Unit Information

Units in Building: 4

Lot Features

Lot Size (Acres): 0.14
Lot Size Range: Less than .25 Acre
Lot Dimensions: 50' x 129'

Financial Considerations

Insurance Fee: $4,000
Parking Included: Yes
Assessment Year: 1893
Tax Amount: $7,737.79
Tax Year: 2023
Pays Electric: 3792
Pays Trash: 792
Pays Sewer: Public Sewer

Disclosures and Reports

Ownership: Fee Simple
Property ID: 30311110440000

Listed by Keller Williams ONEChicago

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Schools

Schools serving 2460 Indiana Ave

School Districts:Lansing School District 158, Thornton Fractional Township High School District 215

Name	Grades	Distance
Oak Glen Elementary School 2101 182nd St, Lansing, IL 60438	K-5	0.5 mi
Lester Crawl Primary Center 18300 Greenbay Ave, Lansing, IL 60438	PK-K	0.8 mi
Memorial Junior High School 2721 Ridge Rd, Lansing, IL 60438	6-8	0.4 mi
Thornton Fractional South High School 18500 Burnham Ave, Lansing, IL 60438	9-12	0.9 mi

Disclaimer: School ratings provided by GreatSchools. Ratings are on a scale of 1-10. Learn more about GreatSchools ratings. School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 2460 Indiana Ave Get Price Alerts and Save Property

Date

Details

Price

Change

Source

12/21/2024

Listed

$339,900

65.8%

MLS

7/28/2022

Sold

$205,000

—

Public Record

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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History

Tax History for 2460 Indiana Ave

Year

Property Taxes

Change

Tax Assessment

Change

2022

$8,572

$13,189

—

2021

$8,338

$13,189

—

2020

$7,738

-2%

$13,189

-5%

2019

$7,902

$13,880

—

2018

$7,756

-1%

$13,880

—

2017

$7,831

16%

$13,880

12%

2016

$6,757

$12,358

—

2015

$6,278

$12,358

—

2014

$6,192

-10%

$12,358

-19%

2013

$6,903

$15,331

—

2012

$6,417

—

$15,331

—

View All

Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost

Estimate the Cost for 2460 Indiana Ave

2460 Indiana Avenue, Lansing, IL 60438 (MLS# 12259708) is a Multi-Family property with 4 units containing 5 bedrooms and 0 full bathrooms. 2460 Indiana Avenue is currently listed for $339,900 and was received on December 21, 2024. Want to learn more about 2460 Indiana Avenue? Do you have questions about finding other Multi-Family real estate for sale in Lansing? You can browse all Lansing real estate or contact a Coldwell Banker agent to request more information.

Tour this property

2460 Indiana Ave Lansing, IL 60438

Full Property Details for 2460 Indiana Ave

General

Rental Information

Interior

Rooms

Bathrooms

Bedrooms

Additional Information

Exterior

Parking

Location

School Information

Heating & Cooling

Utilities

Structural Information

Unit Information

Lot Features

Financial Considerations

Disclosures and Reports

Quickly Find Out More

Quickly Find Out More

Listing agents

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Be ready to buy your new home!

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Schools serving 2460 Indiana Ave

Price & Sales History for 2460 Indiana Ave Get Price Alerts and Save Property

Tax History for 2460 Indiana Ave

Estimate the Cost for 2460 Indiana Ave

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