Corcoran Urban Real Estate
$0 to $5,000,000
Any Beds
Any Baths
For Sale
14 Properties Within 0.5 miles of: 2460 Indiana, Lansing
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2460 Indiana
Lansing, IL 60438

  • 5 Beds
  • Built In 1893
Price

$340,000

Est Payment
$2,447 / month (details)  
Taxes
$7,738  
Beds
5  
Rooms
10  
Type
Two to Four Units  
Sq. Ft.
n/a  
Lot Size
50' X 129'  
Built
1893  
Neighborhood
Lansing  
MLS
#12368689
Status
Active (12 days)

Property Description

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!

Property Map

Property Details

Utilities

  • Heating Natural Gas
  • Cooling
  • Water Lake Michigan
  • Sewer Public Sewer

Additional Information

Parking
5 Parking Spaces, On Site, Owned, Parking included in price
Schools
District 215, District 158

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Principal & Interest
$0
Property Tax
$0
Assessments
$0
Home Insurance
$0
Mortgage Insurance
$0

Listing History

05-18-2025 Listed at $340,000
Last Modified 5/24/25 12:05 AM

Nearby Transportation

  • Hwy 394 South 0.7 mi
  • Hwy 394 North 0.7 mi
  • I 294 North 0.7 mi
  • I 80 West 0.7 mi
  • Hwy 6 West 0.7 mi
  • I 94 East 0.7 mi
  • I 80 East 0.7 mi
  • I 294 South 0.7 mi
  • Hwy 6 East 0.7 mi
  • I 94 West 0.7 mi
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