3435 Ridge Road

Lansing, Illinois 60438

Closed / MLS #10942923 / Commercial / Mixed Use / Lansing

Listing information updated 8/3/2023 at 1:33pm

Attention Investors - Current Cap Rate is 12.8! Recently renovated mixed-use property in downtown Lansing on busy Ridge Rd. 2nd floor has three apartments (two 1 bed/1 bath unit and one studio). Apt 1 has new HWH, stove, refrigerator; Apt. 2 has new HWH, furnace, stove, refrigerator; Apt 3 has hew HWS, new stove, refrigerator, 2 new windows. New tile and laminate floors in all apartments. Retail unit has a new HWH and 2 new HVAC units. There is a full finished basement used for office, storage and mechanicals.

Full Features

Built:

1930

Parking Spaces:

Cooling System:

Central Air,Central Individual,Partial,Window Unit(s)

Stories:

Zoning:

COMMR

Building Square Feet:

5,601

Current Net Income:

$30,700

Taxes & Assessments

Tax Amount:

$5,307

Tax Year:

2019

Location

Zip Code:

60438

City:

Lansing

County:

Cook

Listing Office: Weichert, Realtors The Home Team

Listing Office Phone: 708.960.4476

Disclaimer: The data relating to real estate for sale on this website comes courtesy of Midwest Real Estate Data, LLC as distributed by MLS GRID. Real estate listings held by brokerage firms other than @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 8/3/2023 at 1:33pm. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

New Listings in Lansing, IL

Recently Sold Homes in Lansing, IL

Popular Neighborhoods near Lansing, IL

3435 Ridge Road is a commercial / mixed use which sold for $219,000. This commercial / mixed use has been listed on @properties since November 30th, 2020 and was built in 1930.