Fully Occupied 2 Unit Generating Income....In the heart of Downtown Lansing, Close to public transportation, shopping, dining, and night life. This 2 unit with full basement features hard wood floors throughout, Freshly painted, Newer Windows, Basement has Full Bath, 2023 ROOF! Showings Begin 4/21/2025
Welcome to 2838 Ridge Rd, Lansing, IL 60438-a rare multi-unit property in a prime location just half a block from Memorial Junior High School and a short stroll to downtown Lansing's bustling shopping and dining scene. This beautifully updated property features two units, each designed for comfort and modern living. The top-floor unit includes 2 bedrooms, a spacious living room, and an updated kitchen complete with granite countertops, new cabinets, and stainless steel appliances. Fresh carpeting, modern light fixtures, and an updated bathroom make this space move-in ready. The first-floor unit also boasts 2 bedrooms, a fully updated kitchen with quartz countertops, new cabinets, and stainless steel appliances, as well as hardwood floors throughout. With new windows, updated light fixtures, and a refreshed bathroom, this unit is equally inviting. The unfinished basement provides ample storage or the potential for creative use. Outside, the home sits on a generously sized lot with a large backyard perfect for entertaining. A long driveway leads to a 2.5-car garage, with three additional parking spaces in the rear for convenience. Located near Lansing Country Club, excellent schools, and various shopping and recreation options, this property offers both versatility and charm. Don't miss out-schedule your showing today!
Charming multi-unit building located on a picturesque, tree-lined street in the heart of Lansing's beautiful and quaint downtown! This rare 3-unit property offers a fantastic opportunity for both investors and owner-occupants. Each unit has its own private entrance/exit, and a 2-car detached garage adds convenience and value. The first-floor unit features 3 spacious bedrooms, 1 full bath, gorgeous hardwood floors, a built-in breakfast nook, and classic architectural details throughout. The second-floor unit includes 2 bedrooms plus a separate office and 1 full bath, while the lower-level (basement) unit offers a cozy 1-bedroom, 1-bath layout-ideal for additional rental income or extended family living. Enjoy the best of Lansing living just steps from The Pointe, where you can walk to local restaurants, shops, and enjoy numerous outdoor concerts and community events. Zoned single-family residential but grandfathered in as a legal multi-unit-an important detail for financing. Live in one unit and let the others take care of your mortgage - don't miss this incredible opportunity!
Charming Historic 4-Unit Property in the Heart of Lansing! This investment opportunity offers instant cash flow with all units currently rented. 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 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!
Lansing is located in Illinois. Lansing, Illinois has a population of 28,916. Lansing is less family-centric than the surrounding county with 22.02% of the households containing married families with children. The county average for households married with children is 29.73%.
The median household income in Lansing, Illinois is $62,397. The median household income for the surrounding county is $72,121 compared to the national median of $69,021. The median age of people living in Lansing is 40.6 years.
The average high temperature in July is 83.9 degrees, with an average low temperature in January of 17.7 degrees. The average rainfall is approximately 38.8 inches per year, with 31.3 inches of snow per year.