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Sold on 07/10/2020
Catherine Higgins of McColly Real Estate

18347 Exchange Ave, Lansing, IL 60438

  • $408,000

    Last sold 07/10/2020 for $280K

  • 8

    bed

  • —

    bath

Multi-family not for sale
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About 18347 Exchange Ave

Property type Multi-family
Year built 1966
HOA fee $0/month
Lot size 8,276 Sqft
Movoto estimate
Parking 3 garage spaces
Property description
This Brick 4 unit is amazingly well cared for. The best apartment building I've seen in Lansing. Located at the end of a cul-de-sac. 4,540 sq ft of Living space. Includes a 2 car garage with side entrance. Flexicore building with a maintenance free Exterior. Features a 1 bedroom unit, two- 2 bedroom units and one 3 bedroom unit. 4.5 total Baths. 5 back parking spaces for tenants. Recently Painted interior and exterior windows and fence. Tenants pay their own electric. 3 units are occupied and one is vacant for viewing. 75 gallon water heater. 4 in wall AC Units. Beautifully landscaped with a fenced picnic area. School Park in the rear so there are no houses behind. Excellent Cash Flow. Laundry room with Coin operated laundry and storage lockers. Over $30,000 of annual net income.
Listed by
Listing Agent - Catherine Higgins
Listing Office - McColly Real Estate
Source: MRED mls logo
MLS#10773219 • last updated 5 years ago
Movoto checked MRED for data 23 minutes ago
Overview
Heating Gas, Baseboard
MLS # 10773219
Type Two To Four Units
Property Tax $ 11653.49
Year Built 1966
Interior
Basement Crawl, None
Total # of Rooms 22
Exterior
Exterior Features Patio
Exterior Brick
Parking Desc Garage
# Parking Spaces 2.5
Garage Desc Attached, Garage Door Opener(s), Transmitter(s)
Lot Desc Less Than 0.25 Acre, Park Adjacent
Amenities / Utilities
Sewer/ Septic Desc Sewer-Public
Water Source Lake Michigan
Location
Community Features Park
County Cook
High School District 215
Elementary School District 158
Middle School District 158
Directions Ridge Rd To Exchange. South All The Way To The End Of The Block.
APN 30313230210000
Multifamily Details
Unit 2: Interior Features Stove, Refrigerator, Window Air Conditioner, Range Hood
Unit 3: Interior Features Stove, Refrigerator, Window Air Conditioner, Range Hood
Unit 1: Interior Features Stove, Refrigerator, Window Air Conditioner, Range Hood
Unit 4: Interior Features Stove, Refrigerator, Window Air Conditioner, Range Hood
Unit 4: Tenant Pays Electric
Unit 3: Tenant Pays Electric
Unit 2: Tenant Pays Electric
Unit 1: Tenant Pays Electric
Unit 1: Rent 815
Unit 3: Rent 1385
Unit 2: Rent 995
Unit 3: Total # of Rooms 8
Unit 1: Total # of Rooms 4
Unit 4: Total # of Rooms 5
Unit 2: Total # of Rooms 5
Unit 4: Rent 985
Unit 4: # of Bedrooms 2
Unit 3: # of Bedrooms 3
Unit 2: # of Bedrooms 2
Unit 1: # of Bedrooms 1
Unit 2: SqFt 727
Net Operating Income 31057
Unit 4: Security Deposit 1477
Unit 1: Security Deposit 1200
Unit 3: Security Deposit 2000
$408K
Range: $350K-$465K
Last 30 days 
  • Aug 2020
    mls logo MLS # 10773219
  • Aug 31, 2020 Sold
    $280,000
  • Jul 10, 2020 Contingent
    —
  • Jul 7, 2020 Listed
    $279,900
  • 18347 Exchange Ave
    $280K
  • —
  • 60438
    $202K -9% y/y
  • Lansing
    $202K -9% 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
6/10
Thornton Fractnl So High School
public Grades 9-12
Thornton Fractional Twp Hsd 215 School District
Source: GreatSchools.org © 2026. All rights reserved.

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