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Sold on 10/23/2023
Gustavo Lopez of G & R Realty, Inc.

18341 Exchange Ave, Lansing, IL 60438

$385,000

Last sold 10/23/2023 for $290K

  • 6

    bed

  • 5

    bath

Multi-family not for sale
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About 18341 Exchange Ave

Property type Multi-family
Neighborhood
Year built 1967
HOA fee $0/month
Movoto estimate
Parking 7 garage spaces
Property description
Beautiful 4 unit building with an attached 2. 5 car garage. And additional parking on the back. 3-1 bedroom units and a 1-3 bedroom. This building is fully rented with great rental income. Ideal for for a home owner occupied or investor.
Listed by
Listing Agent - Gustavo Lopez
Listing Office - G & R Realty, Inc.
Source: MRED mls logo
MLS#11906513 • last updated 2 years ago
Movoto checked MRED for data 13 minutes ago
Overview
MLS # 11906513
SubType 4 Flat
Status Closed
Type Two To Four Units
Property Tax $ 10421.87
Year Built 1967
Buyer Agent Commission 1%, % Of Net Sale Price
Interior
Basement None, None
Add'l Room(s) Utility Room-1st Floor
Total # of Rooms 14
Exterior
Foundation Concrete Perimeter
Roof Asphalt
Exterior Brick
Garage Desc Attached
# Garage Spaces 7
Parking Desc Garage
# Parking Spaces 7
Lot Desc Less Than 0.25 Acre, Landscaped
Amenities / Utilities
Sewer/ Septic Desc Public Sewer
Water Source Lake Michigan
# Units in Building 4
Location
Area Lansing
County Cook
Elementary School District 158
Middle School District 158
High School District 215
APN 30313230220000
Zoning MULTI
Directions I-80 To Torrence S To Ridge E To Exchange S 2 1/2 Blocks
Multifamily Details
Expense: Trash 2022, 910
Expense: Insurance 1873
Net Operating Income 27329
Gross Income 45180
Expense: Electricity 177
Expense: Fuel 3762
Expense: Water/ Sewer 707
Misc Income Coin Laundry
Total Rental Income 45180
$385K
Range: $311K-$458K
Last 30 days 
  • Nov 2023
    Public Records
  • Nov 27, 2023 Sold
    $290,000
  • Nov 2023
    mls logo MLS # 11906513
  • Nov 21, 2023 Sold
    $290,000
  • Nov 1, 2023 Pending
    —
  • Oct 18, 2023 Active
    —
  • Oct 11, 2023 Listed
    $290,000 (+48.7%)
  • Jul 2014
    Public Records
  • Jul 22, 2014 Sold
    $195,000
  • Jul 2014
    mls logo MLS # 08623729
  • Jul 3, 2014 Sold
    $195,000 (-9.3%)
  • Jun 6, 2014 Pending
    —
  • May 21, 2014 Listed
    $214,900 (-35.9%)
  • Jul 2009
    mls logo MLS # 06968038
  • Jul 15, 2009 Expired
    —
  • Jul 18, 2008 Listed
    $335,000
  • Year Property taxes Tax assessment
  • 2023
    $12,796 +19.4%
    $26,446 +60.41%
  • 2022
    $10,714 +2.8%
    $16,486
  • 2021
    $10,422 +7.8%
    $16,486
  • 2020
    $9,672 -25.7%
    $16,486 -27.88%
  • 2019
    $13,015 +1.9%
    $22,860
  • 2018
    $12,774 -1.0%
    $22,860
  • 2017
    $12,898 +24.0%
    $22,860 +20.18%
  • 2016
    $10,401 +7.6%
    $19,022
  • 2015
    $9,664 +1.4%
    $19,022
  • 2014
    $9,531 -2.3%
    —
  • 2013
    $9,758
    —
  • 18341 Exchange Ave
    $290K
  • Lansing
    —
  • 60438
    $209K -4% y/y
  • Lansing
    $209K -4% y/y
No chart available
Statistics calculated by Movoto

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N/A
Lester Crawl Primary Center
public Grades PK, K-1
Lansing School District 158
3/10
Oak Glen Elementary School
public Grades K-5
Lansing School District 158
4/10
Memorial Jr High School
public Grades 6-8
Lansing School District 158
Source: GreatSchools.org © 2026. All rights reserved.

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