18318 Exchange Ave Unit 2F Lansing, IL 60438
Estimated payment $987/month
Total Views
12,461
2
Beds
1
Bath
630
Sq Ft
$151
Price per Sq Ft
Highlights
- Wood Flooring
- Laundry Room
- Dining Room
- Living Room
- Central Air
- 1-minute walk to Oakley Playlot
About This Home
Turnkey Investment Opportunity! Part of a single-family portfolio with an average 8 cap rate. This fully renovated, tenant-occupied property is a hassle-free addition to any investor's portfolio. Whether you're an experienced investor or a regular buyer looking for a move-in-ready home, this is a fantastic opportunity to own a well-maintained property with immediate rental income potential.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,822
Year Built
- Built in 1969 | Remodeled in 2021
HOA Fees
- $232 Monthly HOA Fees
Home Design
- Brick Exterior Construction
Interior Spaces
- 630 Sq Ft Home
- 2-Story Property
- Family Room
- Living Room
- Dining Room
- Wood Flooring
- Laundry Room
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Potential Bedrooms
- 1 Full Bathroom
Parking
- 1 Parking Space
- Uncovered Parking
- Off Alley Parking
- Parking Included in Price
- Assigned Parking
Schools
- Memorial Junior High School
- Thornton Fractnl So High School
Utilities
- Central Air
- Heating System Uses Natural Gas
Community Details
Overview
- Association fees include heat, water, insurance, lawn care, scavenger, snow removal
- 20 Units
- Property Manager Association, Phone Number (708) 474-0500
- Low-Rise Condominium
- Property managed by Association
Pet Policy
- No Pets Allowed
Map
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The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Tax History
| 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 |
|---|---|---|---|---|
| 2024 | $2,822 | $5,834 | $865 | $4,969 |
| 2023 | $2,440 | $5,834 | $865 | $4,969 |
| 2022 | $2,440 | $3,756 | $763 | $2,993 |
| 2021 | $268 | $3,755 | $762 | $2,993 |
| 2020 | $383 | $3,755 | $762 | $2,993 |
| 2019 | $512 | $4,328 | $711 | $3,617 |
| 2018 | $499 | $4,328 | $711 | $3,617 |
| 2017 | $538 | $4,328 | $711 | $3,617 |
| 2016 | $1,115 | $4,536 | $661 | $3,875 |
| 2015 | $972 | $4,536 | $661 | $3,875 |
| 2014 | $986 | $4,536 | $661 | $3,875 |
| 2013 | $1,234 | $5,370 | $661 | $4,709 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/25/2025 02/25/25 | For Sale | $95,000 | 0.0% | $151 / Sq Ft |
| 11/09/2021 11/09/21 | Rented | -- | -- | -- |
| 11/01/2021 11/01/21 | Under Contract | -- | -- | -- |
| 10/30/2021 10/30/21 | For Rent | $1,100 | -- | -- |
Source: Midwest Real Estate Data (MRED)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | $40,000 | First American Title | |
| Deed | $45,000 | First American Title | |
| Deed In Lieu Of Foreclosure | -- | Stewart Title Company | |
| Warranty Deed | $80,000 | Cti | |
| Warranty Deed | $57,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $60,000 | New Conventional | |
| Closed | $58,000 | Construction | |
| Previous Owner | $63,000 | Fannie Mae Freddie Mac |
Source: Public Records
Similar Homes in Lansing, IL
Source: Midwest Real Estate Data (MRED)
MLS Number: 12298724
APN: 30-31-323-042-1012
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