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9 Properties Within 0.5 miles of: 3617 Monroe, Lansing
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3617 Monroe
Lansing, IL 60438

  • 2 Beds
  • 2 Baths
  • Built In 1953
Price

$195,000

Est Payment
$1,454 / month (details)  
Taxes
$5,957  
Beds
2  
Baths
2  
Rooms
8  
Type
Detached Single  
Sq. Ft.
n/a  
Lot Size
40x134  
Built
1953  
Neighborhood
Lansing  
MLS
#12594305
Status
Active (0 days)

Property Description

Positioned on a desirable corner lot in the established community of Lansing, this income-producing 3-bedroom, 2-bath ranch presents a compelling opportunity for investors seeking stable cash flow and portfolio growth. The property is tenant occupied with $1,950/month in rental income, offering immediate revenue from day one. With a finished basement and efficient layout, the home provides strong rental appeal and long-term tenant demand in the South Suburban rental market. Interior features include hardwood and wood-laminate flooring, a convenient main-level bedroom and full bathroom, and a finished basement that expands usable living space ideal for recreation, storage, or flexible tenant use. Additional highlights include a fenced yard, a 3-season room, and a detached garage. The location offers excellent accessibility near retail, dining, and daily conveniences, with quick connectivity to Interstate 94 providing a direct commute to surrounding suburbs and Chicago. Investor Advantage: This property can also be acquired individually or as part of a larger portfolio package, with three additional performing rental properties available, creating an opportunity for investors seeking scale, efficiency, and immediate income across multiple assets.

Property Map

Property Details

Rooms

Room
Level
Flooring
Size
Living Room
Main
19X13
Dining Room
Main
COMBO
Kitchen
Main
15X13
Family Room
Basement
22X14
Laundry
Basement
15X17
Master Bedroom
Main
14X13
Bedroom 2
Main
13X11
Bedroom 3
Basement
13X12
Bedroom 4
Basement
13X12

Utilities

  • Heating Natural Gas
  • Cooling None
  • Water Lake Michigan, Public
  • Sewer Public Sewer

Additional Information

Appliances
Range, Refrigerator
Parking
1 Garage Spaces, Off Alley, Garage Door Opener, Yes, Garage Owned, Detached, Garage, Parking included in price
Schools
Thornton Fractnl So High School (215), Memorial Junior High School (158), Coolidge Elementary School (158)

Payment Calculator

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

Listing History

03-20-2026 Listed at $195,000
Last Modified 3/20/26 5:54 PM

Nearby Transportation

  • I 80 East 1.0 mi
  • I 94 East 1.0 mi
  • Hwy 6 East 1.0 mi
  • I 80 West 1.0 mi
  • I 94 West 1.0 mi
  • Hwy 6 West 1.0 mi
  • Hwy 41 North 1.0 mi
  • Hwy 41 South 1.0 mi
  • Hwy 394 South 1.6 mi
  • Hwy 394 North 1.6 mi
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