19061 Wentworth Ave - Apartments FOR SALE


Lansing, IL 60438
$599,099 USD
219-487-2814
19061 Wentworth Ave, Lansing, IL for Sale
$599,099 USD
Apartments - FOR SALE
1/2
null | Request Cap Rate

19061 Wentworth Ave
Lansing, IL 60438


HIGHLIGHTS

  • Exceptional Investment Opportunity in Lansing, Illinois
  • Fully leased four-unit apartment/townhome building
  • Immediate Rental Income: Established tenants in apartment units
  • Prime Location: Desirable suburban area with convenient access to local amenities and transportation

OVERVIEW

Discover an exceptional investment opportunity in the thriving Lansing, Illinois market. This offering includes a fully leased four-unit apartment/townhome building paired with a single-family residence, creating a unique package that delivers both immediate income and long-term upside. The apartment units are stabilized with established tenants, ensuring consistent cash flow from day one, while the single-family home will be delivered vacant, providing flexibility for owner occupancy or additional rental income. Strategically located in a desirable suburban community, the property benefits from convenient access to major transportation routes, local retail, dining, and essential services. Lansing’s strong residential base and proximity to the Chicago metropolitan area make it an attractive location for investors seeking stability and growth potential. The surrounding area offers a balanced mix of residential neighborhoods, schools, and commercial amenities, supporting sustained rental demand. Built with functionality and long-term durability in mind, this two-story multifamily asset spans over 8,000 square feet on a 0.25-acre lot. The property’s configuration and location make it ideal for investors looking to diversify their portfolio with a combination of income-producing units and value-add potential. With a competitive price point and strong in-place performance, this asset represents a rare chance to secure a well-positioned property in a market known for its accessibility and community appeal.

FOR SALE DETAILS

PRICE

$599,099 USD

PRICE/SF

$74 USD /SF

# OF UNITS

4

PRICE/UNIT

$149,775

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1930

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.25 AC

LAND SF

10,890 SF

ZONING

-

APN/PARCEL ID

33-05-400-013-0000

ASK ABOUT THIS PROPERTY

Stefano BelmonteBetter Homes And Gardens RealMore Info
219-487-2814

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Stefano BelmonteBetter Homes And Gardens RealMore Info
219-487-2814

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.