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19061 Wentworth Ave 4 Unit Apartment Building $599,099 ($149,775/Unit) Lansing, IL 60438

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Investment Highlights

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

Executive Summary

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.

Property Facts

Price $599,099
Price Per Unit $149,775
Sale Type Investment
No. Units 4
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.25 AC
Building Size 8,085 SF
No. Stories 2
Year Built 1930

Amenities

Unit Amenities

  • Air Conditioning
  • Heating
  • Kitchen
  • Tub/Shower
  • Smoke Free

Site Amenities

  • 24 Hour Access
  • Controlled Access
  • Tenant Controlled HVAC
  • Smoke Free
  • Smoke Detector

Property Taxes

Property Taxes

Parcel Number
33-05-400-013-0000
Land Assessment
$5,645
Improvements Assessment
$34,372
Total Assessment
$40,017
  • Listing ID: 38898100

  • Date on Market: 12/24/2025

  • Last Updated:

  • Address: 19061 Wentworth Ave, Lansing, IL 60438

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