19061 Wentworth AveLansing, IL 60438

For Sale
$724,999
Six-Unit Apartment Building & Two Homes

Overview

Added:
Dec 11, 2024
Days on market:
126
This exceptional investment package in Lansing, Illinois, presents a rare opportunity to acquire a lucrative multifamily property and two single-family homes. The core of the offering is a well-maintained six-unit apartment building, constructed in 1930, boasting a total of 11,289 square feet across three buildings and two stories. Currently, all six apartment units are fully leased, providing immediate and consistent rental income. Complementing the apartment building are two single-family homes, which will be delivered vacant upon closing, offering flexibility for future use – whether as rental properties, owner-occupied residences, or potential redevelopment opportunities. The property is zoned 2-11, providing a solid foundation for continued operation and potential future expansion. Located at 19061 Wentworth Avenue, Lansing, IL 60438, this package presents a compelling investment opportunity with a strong potential for both short-term cash flow and long-term appreciation. The asking price for this entire package is $724,999. Detailed financial information and property specifics are available upon request. This is a turnkey investment ready for a new owner to step in and begin profiting from the existing rental income and the potential of the vacant single-family homes. Don't miss this chance to acquire a substantial multifamily portfolio in a desirable location.

Highlights

  • $724,999 asking price for a multifamily investment property.
  • Six-unit apartment building in Lansing, IL.
  • 11,289 square feet on three buildings.
  • Two-story construction, built in 1930.
  • Zoned 2-11.
  • Includes two vacant single-family homes.

Property Details for 19061 Wentworth Ave

Property type
Apartment buildings
Square Feet
11,289 SF
Year Built
1930
Buildings
3
Stories
2
Units
6

Location Insight

City
Lansing
County
Cook
State
Illinois
Latitude
41.548721355823
Longitude
-87.529595501058
19061 Wentworth Ave, Lansing, Illinois

FAQs

What type of property is this?
Apartment building - Six-Unit Apartment Building & Two Homes
Where is the apartment building located?
The property is located at 19061 Wentworth Ave Lansing, IL.
What is the asking price?
The asking price for this property is $724,999.
What are key features of this property?
This property features: $724,999 asking price for a multifamily investment property.; Six-unit apartment building in Lansing, IL.; 11,289 square feet on three buildings.
How can I contact the broker?
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19061 Wentworth Ave
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