2121 176th Pl - Apartments FOR SALE


Lansing, IL 60438
$695,000 USD
312-361-1647
2121 176th Pl, Lansing, IL for Sale
$695,000 USD
Apartments - FOR SALE
1/13
null | 7.84% Cap Rate

2121 176th Pl
Lansing, IL 60438


HIGHLIGHTS

  • Located in Lansing, IL within the Chicago metropolitan area, offering access to a large regional population base.
  • Positioned near established residential neighborhoods, supporting consistent local demand.
  • Convenient access to nearby arterial roadways and regional transportation routes.
  • Provides flexibility for a range of commercial or investment applications depending on configuration and zoning.

OVERVIEW

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the multi-family investment property located at 2121 176th Place in Lansing, IL (the “Property”). The three-story building contains four (4) 2-Bedroom/1-Bathroom units and two (2) 1-Bedroom/1-Bathroom units with 5,000 square feet of gross living area in 6,000 square feet of gross area. The Property is situated upon a 0.18-acre parcel and features twelve (12) off-street parking spaces. 2121 176th Place is strategically located in Lansing, Illinois, offering convenient access to the Chicago metropolitan area and key commercial corridors throughout the south suburban market. The property benefits from excellent connectivity to major transportation routes, including Interstate 94, Interstate 80, and Torrence Avenue, providing efficient regional access to downtown Chicago, Northwest Indiana, and surrounding industrial and residential communities.

FOR SALE DETAILS

PRICE

$695,000 USD

PRICE/SF

$116 USD /SF

# OF UNITS

6

PRICE/UNIT

$115,833

CAP RATE

7.84%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

2121 176th Pl

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1971

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.18 AC

LAND SF

7,956 SF

ZONING

-

APN/PARCEL ID

29-25-414-011-0000

ASK ABOUT THIS PROPERTY

Anthony SpanglerHorvath & TremblayMore Info
312-361-1647

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Anthony SpanglerHorvath & TremblayMore Info
312-361-1647

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