Kurt Johnson
- Buy
- Sell
https://www.ruhlmortgage.com/ChrisSchneider.html
Description
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!
Property Highlights
Property Type: Multi Unit - Multiple
General Information
Bedrooms: 8
Bathrooms: 4
County: Cook
Listed By:
Red Pro Realty LLC
312-451-7490
MRED MLS
MLS ID: 12774098
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18207 Locust Street , Lansing, IL 60438.
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563-441-1862
toll free 866-441-1862
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $430,000 | $430,000 | $430,000 |
| Down Payment | $86,000 | $15,050 | $107,500 |
| Monthly Mortgage Amount | $2,376 | $2,845 | $2,832 |
| Taxes | $598 | $598 | $598 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $189 | $0 |
| Monthly Estimated Total | $3,099 | $3,757 | $3,555 |
Kurt Johnson
REALTOR®
Office: (563) 441-5038
Cell: (563) 343-0675
Licensed in IA & IL
Bettendorf Office
1228 Middle Road
Bettendorf, IA 52722
(563) 441-5000
Bettendorf, IA 52722
(563) 441-5000
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