NOT LISTED FOR SALE

18348 Exchange Ave Lansing, IL 60438

8 Beds
4 Baths
-- Sq Ft
8,276 Sq Ft Lot

Last Sold December 20, 2023

Last sale price $290,000

Highlights

  • 2 Car Attached Garage
  • Paved or Partially Paved Lot
  • 1-minute walk to Oakley Playlot
  • Baseboard Heating

About This Home

As of December 2023

BEAUTIFUL AND WELL MAINTAINED 4 UNIT BUILDING IN EXCELLENT LOCATION. ALL UNITS ARE BEING RENTED. THIS BUILDING CONSISTS OF 4-2 BEDROOMS AND 1-BATH UNITS. AMPLE PARKING SPACES ON THE SIDE AND BACK OF THE BUILDING.

Last Agent to Sell the Property

Gustavo Lopez

G & R Realty, Inc. License #471010643 Listed on: 11/15/2023

Last Buyer's Agent

Diana Nufio

Realty of America, LLC License #475193601

Realty of America, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,343

Year Built

  • Built in 1973

Lot Details

  • 8,276 Sq Ft Lot
  • Lot Dimensions are 77x126x73x102
  • Paved or Partially Paved Lot

Parking

  • 2 Car Attached Garage
  • Off-Street Parking
  • Parking Included in Price

Home Design

  • Brick Exterior Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Potential Bedrooms
  • 4 Bathrooms

Utilities

  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Individual Controls for Heating

Community Details

Overview

  • 4 Units

Building Details

  • Electric Expense $164
  • Fuel Expense $1,649
  • Insurance Expense $2,057
  • Trash Expense $401
  • Water Sewer Expense $709
  • Gross Income $45,864
  • Net Operating Income $32,464

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,343

Year Built

Built in 1973

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1973
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus
  • 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: 8
  • 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

  • Garage Spaces: 2
  • Parking Features: Off Street
  • ParkingTotal: 8
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Baseboard, Indv Controls
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks, Street Paved

Fee Information

  • Trash Expense: 401
  • Water Sewer Expenses: 709
  • Trash Expense Year: 2022

Schools

  • Middle/Junior School District: 158

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.19
  • Lot Dimensions: 77X126X73X102
  • Zoning: MULTI
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: Yes

Multi Family

  • Net Operating Income: 32464
  • Fuel Expense: 1649
  • Insurance Expense: 2057
  • ElectricExpense: 164
  • GrossIncome: 45864
  • Units in Building: 4
  • Three Bedroom Number of Units: No
  • Type-Multi: 4 Flat

Tax Info

  • Tax Annual Amount: 11342.72
  • Tax Year: 2021
  • Tax Exemptions: None

Range of Values:

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List Price
Sold Price
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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 List to Sale Price per Sq Ft Prior Sale
12/20/2023 12/20/23 Sold $290,000 0.0% --
11/15/2023 11/15/23 Pending -- -- --
11/15/2023 11/15/23 For Sale $290,000 +48.7% --
12/05/2014 12/05/14 Sold $195,000 -9.3% -- View Prior Sale
10/26/2014 10/26/14 Pending -- -- --
10/10/2014 10/10/14 For Sale $214,900 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11931670

Midwest Real Estate Data (MRED)