3617 Monroe Street, Lansing, Illinois 60438
$195,000
|
For Sale
|
|
| Status: | New |
| Sqft: | 0 |
| Cost/Sqft: | — |
| Beds: | 2 |
| Baths: | 2 |
| Year Built: | 1953 |
| Property Taxes: | $5,957 |
| Days On Market: | 1 |
| Lot Size: | 0,12 |
Description
Positioned on a desirable corner lot in the established community of Lansing, this income-producing 3-bedroom, 2-bath ranch presents a compelling opportunity for investors seeking stable cash flow and portfolio growth. The property is tenant occupied with $1,950/month in rental income, offering immediate revenue from day one. With a finished basement and efficient layout, the home provides strong rental appeal and long-term tenant demand in the South Suburban rental market. Interior features include hardwood and wood-laminate flooring, a convenient main-level bedroom and full bathroom, and a finished basement that expands usable living space ideal for recreation, storage, or flexible tenant use. Additional highlights include a fenced yard, a 3-season room, and a detached garage. The location offers excellent accessibility near retail, dining, and daily conveniences, with quick connectivity to Interstate 94 providing a direct commute to surrounding suburbs and Chicago. Investor Advantage: This property can also be acquired individually or as part of a larger portfolio package, with three additional performing rental properties available, creating an opportunity for investors seeking scale, efficiency, and immediate income across multiple assets.
Property Specifics
| Single Family | |
| — | |
| — | |
| 1953 | |
| — | |
| — | |
| No | |
| 0.12 |
| Cook | |
| — | |
| — / Not Applicable | |
| — | |
| — | |
| — | |
| 12594305 | |
| 30322040130000 |
Nearby Schools
| NAME: | DISTRICT: | DISTANCE: | |
|---|---|---|---|
|
Grade School
Coolidge Elementary School |
158 | — | |
|
Middle School
Memorial Junior High School |
158 | Not in DB | |
|
High School
Thornton Fractnl So High School |
215 | Not in DB | |
Property History
| DATE: | EVENT: | PRICE: | SOURCE: |
|---|---|---|---|
| 1 Mar, 2019 | Under contract | $0 | MRED MLS |
| 5 Feb, 2019 | Listed for sale | $0 | MRED MLS |
| 9 May, 2022 | Listed for sale | $0 | MRED MLS |
| 20 Mar, 2026 | Listed for sale | $195,000 | MRED MLS |
Room Specifics
Total Bedrooms: 4
Bedrooms Above Ground: 2
Bedrooms Below Ground: 2
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Full Bathrooms: 2
Bathroom Amenities: —
Bathroom in Basement: 0
Rooms: —
Basement Description: —
Other Specifics
| 1 | |
| — | |
| — | |
| — | |
| — | |
| 40x134 | |
| — | |
| — | |
| — | |
| — | |
| Not in DB | |
| — | |
| — | |
| — | |
| — |
Tax History
| Year | Property Taxes |
|---|---|
| 2026 | $5,957 |
Contact Agent
Nearby Similar Homes
Nearby Sold Comparables
Contact Agent
Listing Provided By
Keller Williams ONEChicago
