BACK ON THE MARKET... due to the previous buyer being unable to complete the transaction. Seller has addressed all items identified during the prior inspection. Property is ready for a new buyer and presents a solid investment opportunity. This four-unit investment property in Lansing offers an excellent opportunity for an investor looking to expand their portfolio or an owner-occupant seeking the benefits of rental income. The property is fully occupied and well maintained, providing immediate rental income. Each of the four units features two generously sized bedrooms and one bath. It also includes six exterior parking spaces, a valuable convenience. An unfinished basement provides additional space and potential for tenant storage or other permitted uses, adding further versatility. Conveniently located in Lansing, a well-established south suburban community with parks, amenities, and access to the greater Chicago area. The property combines location, functionality, and income-producing potential/rents are low for the area. With fully occupied units, and valuable features, this four-unit building is ready for its next owner. Bring your buyer and take a closer look - this may be the investment opportunity they've been waiting for!
Exceptional Investment Property in Lansing, Illinois!Perfect for an astute investor looking to expand their portfolio or someone seeking a prime owner-occupied property with rental income.Lansing, Illinois: A Community of Pride and Progress. Lansing has grown into a friendly, well-maintained community in the desirable south suburbs of Chicago. It offers a dense urban atmosphere, good schools, numerous parks, and convenient access to metropolitan amenities. The village motto, "A community of pride, progress, and possibilities," is reflected in its stable neighborhoods and continuous development, making it an attractive location for long-term investment. The building is fully rented and well-maintained. This four-unit building is fully occupied, providing immediate, stable rental income. The property shows well, ensuring continued tenant satisfaction and value. Each of the four units features two good-sized bedrooms and one bath, a highly desirable configuration for renters in the area. Significant. The property offers six exterior parking spaces, a crucial amenity. Additionally, an unfinished basement provides excellent potential for setting up supplementary storage for tenants, adding further value and appeal. This Lansing property perfectly balances recent updates, strong rental demand, and valuable features, presenting an exceptional opportunity for both seasoned investors and owner-occupants. This is the one that your client will see and love!
Excellent investment opportunity in the heart of Lansing! This well-maintained 4-unit building features three spacious 1-bedroom units and one 2-bedroom unit, offering strong rental potential and steady income opportunities. The property includes a total of 11 rooms, 5 bedrooms, and 4 full baths, providing comfortable living spaces for tenants. Conveniently located near shopping, dining, major highways, and public transportation. Whether you're expanding your portfolio or looking to owner-occupy while generating rental income, this multi-unit property is full of potential. Don't miss this opportunity to own a solid income-producing property in a desirable location!
Listing price $382,300 Great opportunity on this four unit building. It offers approximately 3,688 square feet of living space with 7 bedrooms and 4 bathrooms. Built in 1963 repairs and updates are needed but has potential. Property sold "AS-IS" without contingencies, repairs, warranties, guarantees or representation as to listing accuracy, property information, photo or other depiction included or described herein. Inspect prior bidding. Auction.

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.