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


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.
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 | Apartment Style | Low-Rise |
| Price Per Unit | $149,775 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.25 AC |
| No. Units | 4 | Building Size | 8,085 SF |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1930 |
| 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
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Property Taxes
| Parcel Number | 33-05-400-013-0000 | Improvements Assessment | $34,372 |
| Land Assessment | $5,645 | Total Assessment | $40,017 |
Property Taxes
Parcel Number
33-05-400-013-0000
Land Assessment
$5,645
Improvements Assessment
$34,372
Total Assessment
$40,017
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19061 Wentworth Ave
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