NOT LISTED FOR SALE

18234 Exchange Ave Lansing, IL 60438

7 Beds
4 Baths
-- Sq Ft
7,841 Sq Ft Lot

Last Sold December 11, 2023

Last sale price $285,500

6 Days on Market

Highlights

  • First Floor Utility Room
  • Baseboard Heating
  • Paved or Partially Paved Lot

About This Home

As of December 2023

BEAUTIFUL ALL BRICK 4 UNIT BUILDING IN A VERY DESIRABLE LOCATION. BUILDING IS FULLY RENTED, IT CONSISTS OF 1-1 BEDROOM UNIT AND 3-2 BEDROOMS UNITS WITH 6 PARKING SPACES ON BACK OF THE BUILDING. COIN OPERATED WASHER AND DRYER.

Last Agent to Sell the Property

Gustavo Lopez

G & R Realty, Inc. License #471010643 Listed on: 10/11/2023

Co-Listed By

TavoyChayo Sellhomes

G & R Realty, Inc.

Last Buyer's Agent

Evana Dong

Charles Rutenberg Realty

Charles Rutenberg Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,923

Year Built

  • Built in 1963

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 65x122
  • Paved or Partially Paved Lot

Home Design

  • Brick Exterior Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • First Floor Utility Room

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Potential Bedrooms
  • 4 Bathrooms

Parking

  • 6 Parking Spaces
  • Uncovered Parking
  • Parking Space is Owned
  • Unassigned Parking

Schools

  • Thornton Fractnl So High School

Utilities

  • Baseboard Heating
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • 4 Units

Building Details

  • Electric Expense $154
  • Fuel Expense $2,997
  • Insurance Expense $1,629
  • Trash Expense $1,211
  • Water Sewer Expense $1,872
  • Gross Income $46,944
  • Net Operating Income $28,158

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,923

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1963
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Total Bathrooms: 4
  • Total Bedrooms: 7
  • Room Type: Utility Room-1st Floor
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 4
  • Half Bathrooms in Building: 0

Exterior Features

  • Foundation Details: Concrete Perimeter
  • List Price: 290000
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking Features: Unassigned
  • ParkingTotal: 6
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Baseboard
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks, Street Lights, Street Paved

Fee Information

  • Trash Expense: 1211
  • Water Sewer Expenses: 1872
  • Trash Expense Year: 2022

Schools

  • High School: Thornton Fractnl So High School
  • Middle/Junior School District: 158

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.18
  • Lot Dimensions: 65X122
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Multi Family

  • Net Operating Income: 28158
  • Fuel Expense: 2997
  • Insurance Expense: 1629
  • ElectricExpense: 154
  • GrossIncome: 46944
  • Units in Building: 4
  • Three Bedroom Number of Units: No
  • Type-Multi: 4 Flat

Tax Info

  • Tax Annual Amount: 10923.14
  • Tax Year: 2021
  • Tax Exemptions: Homeowner

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/11/2023 12/11/23 Sold $285,500 -1.6% --
10/18/2023 10/18/23 Pending -- -- --
10/11/2023 10/11/23 For Sale $290,000 +70.6% --
11/15/2012 11/15/12 Sold $170,000 -12.8% --
10/17/2012 10/17/12 Pending -- -- --
09/19/2012 09/19/12 Price Changed $195,000 -9.3% --
03/21/2012 03/21/12 Price Changed $215,000 -4.4% --
01/26/2012 01/26/12 For Sale $225,000 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Gustavo Lopez

    Seller's Agent in 2023

    Gustavo Lopez

    G & R Realty, Inc.

    (773) 406-2547

    25 in this area

    167 Total Sales

    Section Image

  • T

    Seller Co-Listing Agent in 2023

    TavoyChayo Sellhomes

    G & R Realty, Inc.

    2 in this area

    6 Total Sales

    Section Image
  • Evana Dong

    Buyer's Agent in 2023

    Evana Dong

    Charles Rutenberg Realty

    (708) 856-9628

    3 in this area

    136 Total Sales

    Section Image

  • J

    Seller's Agent in 2012

    James McCabe

  • Maria Medina

    Buyer's Agent in 2012

    Maria Medina

    Maria Real Estate

    (773) 458-0878

    1 in this area

    41 Total Sales

    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11906664

Midwest Real Estate Data (MRED)

Illinois Cook County Lansing 60438

18234 Exchange Ave, Lansing, IL

This home is located at 18234 Exchange Ave, Lansing, IL 60438 since 11 October 2023. This property was built in 1963. 18234 Exchange Ave is a home located in Cook County with nearby schools including Oak Glen Elementary School, Memorial Jr High School, and Thornton Fractnl So High School.

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