Kayla Easley
Responds Quickly
eXp Realty - Chicago North Ave
(331) 215-9689
88 Total Sales
1 in Lansing
$277,000 Price
18216 Exchange Ave Lansing, IL 60438
Lansing Area
8
Beds
8
Baths
--
Sq Ft
7,822
Sq Ft Lot
Highlights
- Cul-De-Sac
- Central Heating
- Baseboard Heating
About This Home
As of November 2024Great investment opportunity in the Lansing area! This 2-story, 8-unit brick building is fully rented and situated in a cul-de-sac, making it a prime location for tenants. The property also features a convenient on-site laundry area. With its solid construction and rental history, this is a rare chance to acquire a profitable, well-maintained building in a sought-after location. Don't miss out on this fantastic opportunity!
Last Agent to Sell the Property
RE/MAX Mi Casa License #475122116 Listed on: 08/17/2024
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $18,564
Year Built
- Built in 1963
Lot Details
- 7,822 Sq Ft Lot
- Lot Dimensions are 145x 110
- Cul-De-Sac
- Additional Parcels
Parking
- 6 to 12 Parking Spaces
Home Design
- Brick Exterior Construction
- Concrete Perimeter Foundation
Interior Spaces
- 2-Story Property
- Unfinished Basement
Bedrooms and Bathrooms
- 8 Bedrooms
- 8 Bathrooms
Utilities
- Cooling System Mounted In Outer Wall Opening
- Central Heating
- Baseboard Heating
- Hot Water Heating System
- Heating System Uses Gas
Listing and Financial Details
- Tenant pays for electricity
Community Details
Overview
- 8 Units
Building Details
- Electric Expense $457
- Fuel Expense $3,154
- Insurance Expense $2,875
- Trash Expense $1,793
- Water Sewer Expense $1,733
- Operating Expense $28,576
- Gross Income $89,220
- Net Operating Income $60,644
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 17, 2024
Closed on
Nov 6, 2024
Sold by
Bought by
Seller's Agent
Maria Castillo
RE/MAX Mi Casa
Buyer's Agent
Beco Kalamperovic
Baird & Warner
List Price
$560,000
Sold Price
$560,000
Views
37
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$448,000
Outstanding Balance
$438,848
Interest Rate
6.12%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 21, 2016
Sold by
Bought by
Purchase Details
Closed on
Nov 8, 2012
Sold by
Bought by
Purchase Details
Closed on
Feb 23, 1996
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Lansing, IL
-
Kayla Easley
-
Joseph Burdick
Joseph Burdick
Weichert Realtors - Shoreline
(779) 242-2833
154 Total Sales
2 in Lansing
$75K - $158K Price Range
-
Jeff Fryzel
Jeff Fryzel
McColly Real Estate
(708) 859-7253
156 Total Sales
2 in Lansing
$217,900 Price Range
-
Sofia Salazar
Sofia Salazar
(219) 501-5009
51 Total Sales
9 in Lansing
$70K - $260K Price Range
-
Michelle McManus
Michelle McManus
@properties Christie's International Real Estate
(855) 519-3128
92 Total Sales
4 in Lansing
$70K - $205K Price Range
-
Stephen Taylor
Stephen Taylor
HomeSmart Realty Group
(708) 394-7060
32 Total Sales
2 in Lansing
$175K - $202K Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $560,000 | Fidelity National Title | ||
| -- | Attorney | ||
| $320,000 | None Available | ||
| $270,000 | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $448,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/06/2024 11/06/24 | Sold | $560,000 | 0.0% | -- |
| 09/05/2024 09/05/24 | Pending | -- | -- | -- |
| 09/05/2024 09/05/24 | Off Market | $560,000 | -- | -- |
| 08/17/2024 08/17/24 | For Sale | $560,000 | -- | -- |
Source: Midwest Real Estate Data (MRED)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $9,282 | $19,184 | $3,324 | $15,860 |
| 2024 | $9,282 | $19,184 | $3,324 | $15,860 |
| 2023 | $10,308 | $19,184 | $3,324 | $15,860 |
| 2022 | $10,308 | $15,861 | $4,693 | $11,168 |
| 2021 | $10,026 | $15,860 | $4,693 | $11,167 |
| 2020 | $9,305 | $15,860 | $4,693 | $11,167 |
| 2019 | $9,115 | $16,010 | $3,324 | $12,686 |
| 2018 | $8,946 | $16,010 | $3,324 | $12,686 |
| 2017 | $9,033 | $16,010 | $3,324 | $12,686 |
| 2016 | $8,217 | $15,027 | $2,933 | $12,094 |
| 2015 | $7,635 | $15,027 | $2,933 | $12,094 |
| 2014 | $8,016 | $15,999 | $2,933 | $13,066 |
| 2013 | $9,535 | $21,177 | $2,933 | $18,244 |
Source: Public Records
Agents Affiliated with this Home
-
Maria Castillo
Seller's Agent in 2024
Maria Castillo
RE/MAX
(773) 251-0325
262 Total Sales
-
Beco Kalamperovic
B
Buyer's Agent in 2024
Beco Kalamperovic
Baird & Warner
(312) 493-3947
14 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12137490
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. 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 IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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