Lansing, IL 60438 2460 Indiana Avenue
$340,000



14 more















Presented By: Keller Williams ONEChicago
Home Details
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!
Presented By: Keller Williams ONEChicago
Interior Features for 2460 Indiana Avenue
Bedrooms
Bedrooms Possible5
Total Bedrooms5
Bathrooms
Full Baths Building4
Half Baths Building
Total Baths4
Other Interior Features
BasementPartially Finished, Full
Total Number of Units4
General for 2460 Indiana Avenue
CityLansing
Community FeaturesStreet Paved
Construction MaterialsVinyl Siding
CountyCook
DirectionsTorrence to Indiana Ave, Property on Left
Electric Expense3792
Elementary School District158
Fuel Expense1152
HeatingNatural Gas
High School District215
Insurance Expense4000
MLS AreaLansing
Middle/Junior School District158
ModificationTimestamp2025-05-24T05:07:09.217Z
New ConstructionNo
OwnershipFee Simple
PossessionClosing
Property TypeResidential Income
Property TypeTwo to Four Units
RoofAsphalt
SewerPublic Sewer
Standard StatusActive
StatusActive
Tax Annual Amount7737.79
Tax Year2023
Total Rooms10
TownshipThornton
Trash Expense792
Water Sewer Expense1028
Year Built1893
Exterior for 2460 Indiana Avenue
Lot Dimensions50' X 129'
Lot Size Acres0.14
Parking FeaturesOn Site, Owned
Total Parking5
Water SourceLake Michigan
Waterfront Y/NNo
Additional Details
Price History
