2296 182nd Pl - Multi-Family FOR SALE


Lansing, IL 60438
$850,000 USD
312-361-1647
2296 182nd Pl, Lansing, IL for Sale
$850,000 USD
Multi-Family - FOR SALE
1/7
null | 5.6% Cap Rate

2296 182nd Pl
Lansing, IL 60438


HIGHLIGHTS

  • Access & Connectivity
  • Area Amenities & Demand Drivers
  • Value-Add Potential
  • Off-Street Parking & Amenities
  • Strong Rental Demographics & Demand
  • Quality of Life Amenities

OVERVIEW

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the multi-family investment property located at 2290 & 2296 182nd Place in Lansing, IL (the “Property”). The two-story buildings contain eight (8) total units, four (4) at each property, comprised of eight (8) 2-Bedroom/1-Bathroom units with 7,000 square feet of gross living area and 8,000 square feet of gross area. The Property is situated upon a 0.35- acre parcel and offers ample parking with sixteen (16) spaces available. The Property is well positioned within Lansing’s established commercial corridor, offering excellent accessibility and regional connectivity. The properties benefit from proximity to Torrence Avenue, Ridge Road, and Interstate 80/94, which provides efficient travel to downtown Chicago, Hammond, and other parts of the Chicagoland area. U.S. Route 6 and Interstate 294 further enhance regional mobility, while the nearby South Shore Line and Metra commuter rail stations offer convenient transit options for commuters. The location’s connectivity is complemented by surrounding retail, dining, and community amenities that support both business and residential appeal.

FOR SALE DETAILS

PRICE

$850,000 USD

PRICE/SF

$106 USD /SF

# OF UNITS

8

PRICE/UNIT

$106,250

CAP RATE

5.6%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

2290 & 2296 182nd Pl

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1965

PARKING SPACES

16

LAND DETAILS

LAND ACRES

0.35 AC

LAND SF

15,246 SF

ZONING

-

APN/PARCEL ID

29-36-404-034-0000

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.