3423 Madison St., Lansing, IL 60438

3423 Madison St., Lansing, IL 60438
Photo 1 of 21
$120,500
Sold on 7/09/20
Beds Baths Sq. Ft. Taxes Built
3 0.00 0 $3,476
On the market: 64 days
View full details, 15 photos, school info, and price history
Here is your chance to own a home with in walking distance to Ridge Rd shopping and dining and only a block from Lansing's new outdoor music venue while having your tenant pay your mortgage. This home features a nice size 2 bedroom, 1 bath with living room and kitchen on the first floor with past tenant paying $900 a month currently ready for occupancy but remains open for showings. The second floor apartment is an adorable 1 large bedroom, 1 bath with open living room/kitchen area making the home feel much larger with private entrance from the back of the building. This apartment is now rented month to month to an individual who maintains the grass and snow removal for a reduction in rent due to out of area owners. The large 2.5 car garage has been used as additional rental income with it's unusual double door and extra corral space for the car collector, contractor or boat storage. The garage could also be used by the tenant with an increase in the rental rate for the user. As stated the chance to live in Lansing with minimal loan payments or a great opportunity for the first time investor.
Listing courtesy of Robert Showalter, McColly Real Estate