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2838 Ridge Road

Lansing, IL 60438
  • $199,000
  • STATUS: Active
  • ON SITE: 208 Days
  • MLS #: 11304933
Price Reduced
UPDATED: 14 min ago
$199,000
  • 4
    BEDS
  • 0.25
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1925
County:
Area:

School Information

Elementary School:
School District:
158

Description

BACK ON MARKET!!! BUYER HAD FINANCING ISSUES! This 2 flat is very well taken care of. Fully Rented Building and Garage Vacant!!! GREAT INCOME PROPERTY!!!. LIVE IN ONE UNIT AND RENT OUT THE OTHER AND THE RENTAL INCOME CAN PAY YOUR MORTGAGE. The 1st Floor is on Month to Month and is rented @ $800/Month. The 2nd Floor is also on Month to Month and is rented @ $745/Month. There are 3 parking spaces and a large Back Yard for tenants to enjoy & 2.5 Garage that can be Rented @ $150+/Month. The property is @ 1/2 Block East of Memorial Junior High School on Ridge Road and Just West of the heart of Downtown Lansing. $2,000 Earnest Money Required with Approved Contract. Buyers agent to verify all square footage.

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© 2022 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or O'Neil Property Group, LLC. Based on information submitted to the MRED as of 2022-08-12T14:04:16.72 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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2838 Ridge Road Lansing, IL 60438

  • Price: $199,000
  • Status: Active
  • On Site: 208 Days
  • Updated: 14 min ago
  • MLS #: 11304933
4
Beds
0
Baths
0
½ Baths
0.25
Acres
1925
Built
Neighborhood:
Lansing
County:
Cook
Area:
Lansing
Elementary School:
Oak Glen Elementary School
Middle School:
Memorial Junior High School
High School:
Thornton Fractnl So High School
School District:
158
Property Description
BACK ON MARKET!!! BUYER HAD FINANCING ISSUES! This 2 flat is very well taken care of. Fully Rented Building and Garage Vacant!!! GREAT INCOME PROPERTY!!!. LIVE IN ONE UNIT AND RENT OUT THE OTHER AND THE RENTAL INCOME CAN PAY YOUR MORTGAGE. The 1st Floor is on Month to Month and is rented @ $800/Month. The 2nd Floor is also on Month to Month and is rented @ $745/Month. There are 3 parking spaces and a large Back Yard for tenants to enjoy & 2.5 Garage that can be Rented @ $150+/Month. The property is @ 1/2 Block East of Memorial Junior High School on Ridge Road and Just West of the heart of Downtown Lansing. $2,000 Earnest Money Required with Approved Contract. Buyers agent to verify all square footage.
Exterior Features

Exterior Building Type Aluminum Siding Garage Onsite Yes Garage Ownersite Owned Garage Type Detached Lot Size .25-.49 Acre Multi Family Type 2 Flat Parking Details GarageSpace/S Parking Features UnassignedOff StreetVisitor Parking Parking Onsite Yes Parking Ownership Owned Parking Total 3 Roof Asphalt Waterfront YN No

Interior Features

Basement Unfinished Basement Details Full Bedrooms Below Grade 0 Bedrooms Total 4 Full Baths In Building 2 Half Baths In Building 0 Heating Natural Gas Room Type Enclosed PorchScreened Porch Rooms Total 10

Property Features

Additional Parcels YN No Age 91-100 Years Built Before1978 YN Yes Community Features CurbsSidewalksStreet LightsStreet Paved Corporate Limits Lansing General Information None Gross Income 20340 Mls Actual Status Price Change Net Operating Income 6684 New Construction YN No Other Additional Income Garage/S Ownership Fee Simple Rebuilt YN No Sewer Public Sewer Special Listing Conditions None Tax Annual Amount 8692.43 Tax Year 2020 Total Numberof Unitsin Building 2 Total Rental Income 18090 Township Thornton Type Two To Four Units Water Source Lake MichiganPublic Zoning Multi

Listing information © 2022 Midwest Real Estate Data LLC.
Listing provided courtesy of Bogs Management, Inc..


© 2022 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or O'Neil Property Group, LLC. Based on information submitted to the MRED as of 2022-08-12T14:04:16.72 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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O'Neil Property Group, LLC
201 E Veterans Pkwy
Yorkville IL, 60560