Property Attributes
- MLS#11972032
- TypeMulti-Family
- CountyCOOK
- CityLansing
- AreaLansing
- Zip60438
- Style
- Year Built1952
- Taxes$ 15790
- Price$ 585,000
- Bedrooms1
- Full Bathrooms0
- Half Bathrooms0
- Lot Size7,841 SqFt
Data Source:
Midwest Real Estate Data (MRED)
Property Description
TURN KEY 6 Unit Apartment Building, 10% Cap Rate, Fully Renovated building with individual furnaces and water heaters. All units are 1 Bed 1 Bath Units, with a common area laundry room downstairs. Parking is in the rear of the property. Walking distance from downtown Lansing, and close to Calvin Coolidge Elementary. This can be purchased as a pair with the neighbor 18006 Wentworth Ave (7 Unit)
Price History | |
---|---|
2/2/2024 | Listed $600,000 |
3/19/2024 | 3% - $585,000 |
General Features
Year Built | 1952 |
---|---|
Tenant Pays | Electricity,Heat |
Stories | 3 |
Tax Year | 2022 |
Gross Income | 89100 |
County | Cook |
Net Operating Income | 62571 |
Operating Expense | 27528 |
Insurance Expense | 2695 |
Property Type | Commercial Sale |
MaintenanceExpense | 1975 |
Status | Active |
Directions | Head east on Ridge Road,turn left onto Wentworth Ave,property is on the left |
City | Lansing |
Total Units | 6 |
MLS Area | Lansing |
Street Name | Wentworth |
Tax Annual Amount | 15790 |
Electric Expense | 1150 |
Fuel Expense | 1150 |
Trash Expense | 1068 |
Water Sewer Expense | 2650 |
Additional Parcels Y/N | No |
Days on Market | 54 |
Standard Status | Active |
Property Type | Multi Family 5+ |
Interior Features
Street Suffix | Avenue |
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Exterior Features
Lot Dimensions | 120X60 |
---|---|
Lot Size Acres | 0.18 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool