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2121 176th Pl
Lansing, IL 60438
2121 176th Pl · Multifamily Property For Sale
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6 Units
Investment Highlights
- ACCESS & CONNECTIVITY
- RECENT CAPITAL IMPROVEMENTS & UNIT RENOVATIONS
- OFF-STREET PARKING & AMENITIES
- AREA AMENITIES & DEMAND DRIVERS
- DESIRABLE BRICK CONSTRUCTION
- STRONG RENTAL DEMOGRAPHICS & DEMAND
Executive Summary
Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the multi-family investment property located at 2121 176th Place in Lansing, IL (the “Property”). The three-story building contains four (4) 2-Bedroom/1-Bathroom units and two (2) 1-Bedroom/1-Bathroom units with 5,000 square feet of gross living area in 6,000 square feet of gross area. The Property is situated upon a 0.18-acre parcel and features twelve (12) off-street parking spaces.
2121 176th Place is strategically located in Lansing, Illinois, offering convenient access to the Chicago metropolitan area and key commercial corridors throughout the south suburban market. The property benefits from excellent connectivity to major transportation routes, including Interstate 94, Interstate 80, and Torrence Avenue, providing efficient regional access to downtown Chicago, Northwest Indiana, and surrounding industrial and residential communities.
2121 176th Place is strategically located in Lansing, Illinois, offering convenient access to the Chicago metropolitan area and key commercial corridors throughout the south suburban market. The property benefits from excellent connectivity to major transportation routes, including Interstate 94, Interstate 80, and Torrence Avenue, providing efficient regional access to downtown Chicago, Northwest Indiana, and surrounding industrial and residential communities.
Property Facts
| Price Per Unit | $115,833 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.18 AC |
| Cap Rate | 7.84% | Building Size | 6,000 SF |
| No. Units | 6 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1971 |
| Property Subtype | Apartment |
| Price Per Unit | $115,833 |
| Sale Type | Investment |
| Cap Rate | 7.84% |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.18 AC |
| Building Size | 6,000 SF |
| No. Stories | 3 |
| Year Built | 1971 |
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