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Off market
  • $163,000

    3423 Madison St, Lansing, IL 60438

    3beds
    816sqft
    MultiFamily
    Built in 1920
    -- sqft lot
    $163,000 Zestimate®
    $200/sqft
    $1,830 Estimated rent

    Home value

    $163,000

    $132,000 - $194,000

    $1,830/mo

    Zestimate® history
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    Owner options

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    $1,830/mo

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    $1,830/mo

    Rent Zestimate®

    Refinance and save

    $1,189/mo

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    $1,189/mo

    Est. payment

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    What's special

    Here is your chance to own a home with in walking distance to Ridge Rd shopping and dining and only a block from Lansing's new outdoor music venue while having your tenant pay your mortgage. This home features a nice size 2 bedroom, 1 bath with living room and kitchen on the first floor with past tenant paying $900 a month currently ready for occupancy but remains open for showings. The second floor apartment is an adorable 1 large bedroom, 1 bath with open living room/kitchen area making the home feel much larger with private entrance from the back of the building. This apartment is now rented month to month to an individual who maintains the grass and snow removal for a reduction in rent due to out of area owners. The large 2.5 car garage has been used as additional rental income with it's unusual double door and extra corral space for the car collector, contractor or boat storage. The garage could also be used by the tenant with an increase in the rental rate for the user. As stated the chance to live in Lansing with minimal loan payments or a great opportunity for the first time investor.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Forced air, Gas
    Cooling
    • None
    Appliances
    • Included: Refrigerator
    Features
    • Basement: Partially Finished
    Interior area
    • Total interior livable area: 816 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage - Detached
    Features
    • Exterior features: Vinyl
    Lot
    • Size: 3,585 sqft
    Details
    • Parcel number: 3032118006

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Roof: Asphalt
    Condition
    • Year built: 1920

    Utilities & green energy

    • Sewer: Sewer-Public

    Community & neighborhood

    Location
    • Region: Lansing

    Other

    Other facts
    • Built Before 1978 (Y/N): Yes
    • Heat/Fuel: Gas, Forced Air
    • Sewer: Sewer-Public
    • Water: Public, Lake Michigan
    • Listing Type: Exclusive Right To Sell
    • Parking Type: Garage
    • Sale Terms: FHA, Conventional
    • Roof Type: Asphalt/Glass (Shingles)
    • Age: Unknown
    • Basement: Partially Finished
    • Type-Multi: 2 Flat
    • Status: Contingent
    • Appliances/Features Unit 1: Stove, Window Air Conditioner, Refrigerator
    • Exterior Building Type: Vinyl Siding
    • Garage On-Site: Yes
    • Is Parking Included in Price: Yes
    • Garage Type: Detached2, Detached
    • Appliances/Features Unit 2: Stove, Refrigerator, Window Air Conditioner
    • Basement (Y/N): Partial
    • Garage Ownership: Owned
    • Total Sq Ft - Unit 1: 816
    • Tax Year: 2018
    • Lot Dimensions: 3585 SQFT
    • Parcel Identification Number: 30321180060000

    Price history

    DateEventPrice
    7/10/2020Listing removed$125,000$153/sqft
    Source: McColly Real Estate #10708455 Report a problem
    7/10/2020Listed for sale$125,000+3.7%$153/sqft
    Source: McColly Real Estate #10708455 Report a problem
    7/9/2020Sold$120,500-3.6%$148/sqft
    Source: MRED as distributed by MLS GRID #10708455 Report a problem
    5/18/2020Pending sale$125,000$153/sqft
    Source: McColly Real Estate #10708455 Report a problem
    5/7/2020Listed for sale$125,000$153/sqft
    Source: McColly Real Estate #10708455 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2023$4,879 +57.1%$13,399 +63.4%
    2022$3,105 -15.9%$8,198 -10.6%
    2021$3,694 +3.7%$9,173

    Find assessor info on the county website

    Neighborhood: 60438

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $163,000
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $163,000