Property Attributes
- MLS#11972389
- TypeMulti-Family
- CountyCOOK
- CityLansing
- AreaLansing
- Zip60438
- Style
- Year Built1954
- Taxes$ 15518
- Price$ 590,000
- Bedrooms5
- Full Bathrooms0
- Half Bathrooms0
- Lot Size7,841 SqFt
Data Source:
Midwest Real Estate Data (MRED)
Property Description
Awesome 7 Unit Building, 10% CAP RATE, with 3 Units Fully Renovated, and many other recent capital projects completed. There are 2 townhomes, each with (2 Bed/1 Bath & Basements), 1 of the townhomes has an attached garage. There is a huge 2 Bedroom Unit that covers the entire first floor, and another 2 (1 Bed/1 Bath Units), and 2 (Studios). All Units have their own Furnaces. There is laundry in the basement, along with parking in the back and side. There is also detached garage in the back of the property. This can be purchased along with its neighbor property, 18014 Wentworth Ave (6 Unit).
Price History | |
---|---|
2/2/2024 | Listed $600,000 |
3/19/2024 | 2% - $590,000 |
General Features
Year Built | 1954 |
---|---|
Tenant Pays | Electricity,Heat |
Stories | 2 |
Tax Year | 2022 |
Gross Income | 89400 |
County | Cook |
Net Operating Income | 62627 |
Operating Expense | 27772 |
Insurance Expense | 2386 |
Property Type | Commercial Sale |
MaintenanceExpense | 2350 |
Status | Active |
Directions | Head east on Ridge Road,turn left on Wentworth Ave,property is on the left. |
City | Lansing |
Total Units | 7 |
MLS Area | Lansing |
Street Name | Wentworth |
Tax Annual Amount | 15518 |
Electric Expense | 1150 |
Fuel Expense | 1150 |
Trash Expense | 1068 |
Water Sewer Expense | 3100 |
Additional Parcels Y/N | Yes |
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 | 120X70 |
---|---|
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