2460 Indiana Ave

$205,000
Last Sold Price
5
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Historic 4 flat in the heart of Lansing! This is fully rented with great tenants making this a instant cash flow investment. NEW ROOF, FURNACE, AC and Electric panel all in 2022! It features (1) 2 bedroom 1 bath unit, and (3) 1 bedroom 1 bath units. There is a parking lot in the back of the property and street parking in the front. Storage and owner owned coin operated laundry machines located in the basement for even more income! Great Location! All Lansing inspections done and passed. Total rent...Historic 4 flat in the heart of Lansing! This is fully rented with great tenants making this a instant cash flow investment. NEW ROOF, FURNACE, AC and Electric panel all in 2022! It features (1) 2 bedroom 1 bath unit, and (3) 1 bedroom 1 bath units. There is a parking lot in the back of the property and street parking in the front. Storage and owner owned coin operated laundry machines located in the basement for even more income! Great Location! All Lansing inspections done and passed. Total rent income per month is $3,750.00 making the yearly income $45,000.00 and LOW TAXES! Cash or 20% down Conventional loans only.

Property Details for 2460 Indiana Avenue

Area
Lansing
Township
Thornton
Ownership
Fee Simple
Num Of Parking Spaces
5.0
Num Of Cars
5.0
Parking Included in Price
Yes
Heat/Fuel
Natural Gas
LISTING UPDATED: 07/29/2022 10:35 AM

Property Details for 2460 Indiana Avenue

StatusClosed
MLS #11417069
Days on Market35
Taxes$7,738 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeTwo to Four Units / 4 Flat
Year Built1893
Lot Size0.14 AC / 6,098 SF
CountyCook County

Location

Add your commute

Building Information for 2460 Indiana Avenue

Stories-Residences4Year Built1893Building Size-Lot Size0.14 AC / 6,098 SF

Payment Calculator

$1,658 per month

30 year fixed, 6.28% Interest

Principal and Interest

$1,013

Property Taxes

$645

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2460 Indiana Avenue

General Information
School Information
  • Elementary School District: 158
  • High School District: 215
  • Middle Or Junior School District: 158
Addtl Parking Information
  • Parking: Space/s
  • Parking On Site: true
  • Parking Ownership: Owned
Property Information
Interior Features
  • Num Of Rooms: 10
  • Bedrooms Total: 5
  • Bedrooms (Below Grade): 0
  • Community Features: Street Paved
  • Basement Type: Full
  • Bedrooms Possible: 5
  • Basement Description: Partially Finished
  • # Full Baths in Building: 4
  • # Half Baths in Building: 0
  • Num of Baths: 4.0
Utilities / Equipment
  • Sewer: Sewer-Public
  • Water: Lake Michigan
Property/Lot Information
  • Exterior Property Features: Patio
  • New Construction YN: No
  • Rebuilt: No
  • Rehabilitated: No
  • Built Before 1978: Yes
  • Age: 100+ Years
  • Lot Size: Less Than .25 Acre
  • Lot Dimensions: 50' X 129'
  • Total # Units in Building: 4.0
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding
  • Roof Type: Asphalt
  • General Information: Commuter Bus
  • 3 Br Un In Bldg: No
  • Conversion: Y
Property and Assessments
  • Public Document Count: 3
  • Document Date: 2022-05-27T15:31:24
  • Photos Count: 19
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Income & Expenses
  • Electric Expense: $3,792.00
  • Fuel Expense: $1,152.00
  • Insurance Expense: $4,000.00
  • Electric Expense Source: Actual
  • Fuel Expense Source: Actual
  • Insurance Expense Source: Actual
  • Other Addl Income: Coin Laundry
  • Trash Expense Source: Actual
  • Trash Expense Year: 2020
  • Water Expense Source: Actual
  • Trash Expense: $792.00
  • Water Sewer Expense: $1,028.00
Unit 1
  • Unit Type Actual Rent: $1,200.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 1
  • Lease Expiration Date: 10/22
Unit 2
  • Unit Type Actual Rent: $850.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 2
  • Lease Expiration Date: 12/22
Unit 3
  • Unit Type Actual Rent: $950.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 3
  • Lease Expiration Date: 3/23
Unit 4
  • Unit Type Actual Rent: $750.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 4
  • Lease Expiration Date: 08/21

Property History for 2460 Indiana Avenue

DateEvent & SourcePriceAppreciation
Nov 18, 2025

Expired

MRED #12368689

$340,000
May 18, 2025

Listed (Active)

MRED #12368689

$340,000
May 4, 2025

Expired

MRED #12259708

$339,900
Dec 21, 2024

Listed (Active)

MRED #12259708

$339,900
Dec 21, 2024

Cancelled

MRED #12216407

$364,900
Nov 24, 2024

Cancelled

MRED #12127926

$364,900
Nov 24, 2024

Listed (Active)

MRED #12216407

$364,900
Aug 25, 2024

Listed (Active)

MRED #12127926

$374,900
Aug 9, 2024

Temporarily Off Market

MRED #12127926

$374,900
Aug 2, 2024

Listed (Active)

MRED #12127926

$374,900
Jul 29, 2022

Sold

MRED #11417069

$205,000
Jul 28, 2022

Sold (Public Record)

Public Record #1494706705

$205,000
Jun 29, 2022

Pending

MRED #11417069

Jun 29, 2022

Contingent

MRED #11417069

May 26, 2022

Listed (Active)

MRED #11417069

$239,900
Sep 20, 2021

Cancelled

MRED #11067320

$160,000
May 5, 2021

Contingent

MRED #11067320

May 5, 2021

Listed (Active)

MRED #11067320

$160,000
May 3, 2021

Contingent

MRED #11067320

Apr 27, 2021

Listed (Active)

MRED #11067320

$160,000
Apr 20, 2021

Cancelled

MRED #10931927

$160,000
Dec 3, 2020

Listed (Active)

MRED #10931927

$160,000
DateEvent & SourcePrice
11/18/2025

Expired

MRED #12368689

$340,000
05/18/2025

Listed (Active)

MRED #12368689

$340,000
05/04/2025

Expired

MRED #12259708

$339,900
12/21/2024

Listed (Active)

MRED #12259708

$339,900
12/21/2024

Cancelled

MRED #12216407

$364,900
11/24/2024

Cancelled

MRED #12127926

$364,900
11/24/2024

Listed (Active)

MRED #12216407

$364,900
08/25/2024

Listed (Active)

MRED #12127926

$374,900
08/09/2024

Temporarily Off Market

MRED #12127926

$374,900
08/02/2024

Listed (Active)

MRED #12127926

$374,900
07/29/2022

Sold

MRED #11417069

$205,000
07/28/2022

Sold (Public Record)

Public Record #1494706705

$205,000
06/29/2022

Pending

MRED #11417069

06/29/2022

Contingent

MRED #11417069

05/26/2022

Listed (Active)

MRED #11417069

$239,900
09/20/2021

Cancelled

MRED #11067320

$160,000
05/05/2021

Contingent

MRED #11067320

05/05/2021

Listed (Active)

MRED #11067320

$160,000
05/03/2021

Contingent

MRED #11067320

04/27/2021

Listed (Active)

MRED #11067320

$160,000
04/20/2021

Cancelled

MRED #10931927

$160,000
12/03/2020

Listed (Active)

MRED #10931927

$160,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2460 Indiana Avenue

Taxable ValueLand$2,635Additions$15,365Total$18,000
Tax Record2023$8,709 ($726 / month)
Home Facts
Baths2Total Finished SqFt2,251 SqFtAbove Grade Finished SqFt2,251 SqFtStories2Lot Size6,200 SqFtStyleMulti-Family Res (5+ Units)Year Built1893CountyCOOKAPN30-31-111-044Fireplace TypeHas Fireplace

Schools near 2460 Indiana Avenue

This home is within Lansing School District 158.
Rating
School
Type
Grades
Distance
Public - PK to 1
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Lester Crawl Primary Center
PublicPK to 1

Oak Glen Elementary School
PublicK to 5

Memorial Jr High School
Public6 to 8

Thornton Fractional South High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Listing Courtesy of eXp Realty, LLC

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 07/29/2022 10:35 AM. 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.