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$415,000
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Property Description
Meticulously Maintained 5 Unit Building. Also for Sale is 17719 Commercial Ave which is an identical 5 Unit building next door, which shares a parking lot that has been recently completely replaced. There are a total of 5 Units, 1 (3Bed/2Bath), 3 (2Bed/1Bath) & 1 (1Bed/1Bath) Units. There are 9 parking spots in the back, and there is common laundry room in the basement. The Landlord pays for the Boiler Heat, Hot Water, Water, Common Electric & Garbage. Tenants are responsible for their own units electric bill. Many upgrades, major capital improvements, and preventive maintenance has been completed on this building. Current Rent Roll of $4,415 with upside to $7,000.
Full Property Details
Full Property Details for 17725 Commercial Ave
General
- Sold For: $415,000
- Taxes: $14,031 (2023)
- Status: Closed
- Type: Commercial
- Source: MRED
- MLS ID: 12137773
Location
- Area: Lansing
- County: Cook
- Driving Directions: Head South on Torrence Ave, Left on 178th, Left on Commercial Ave property is on the right
Heating & Cooling
- Heating Type: Gas, Radiators, Baseboard, Radiant
Structural Information
- Stories/Levels: 2
- Year Built: 1974
- Built Before 1978: Yes
Lot Features
- Lot Size (Acres): 0.2
- Lot Dimensions: 130 x 65
- Zoning: MULTI
Financial Considerations
- Operating Expenses: $25,911
- Assessment Year: 1974
- Tax Amount: $14,031
- Tax Year: 2023
- Tenant Pays: Electricity
Disclosures and Reports
- Property ID: 30303140430000
Listed by Horvath & Tremblay IL, LLC
Sold by @properties Christie's International Real Estate
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Schools
Schools serving 17725 Commercial Ave
| Name | Grades | Distance |
|---|---|---|
Lester Crawl Primary Center 18300 Greenbay Avenue, Lansing, IL 60438 | PK-1 | 0.8 mi |
Coolidge Elementary School, Lansing, IL 17845 Henry Street, Lansing, IL 60438 | K-5 | 0.9 mi |
Memorial Jr High School 2721 Ridge Road, Lansing, IL 60438 | 6-8 | 0.7 mi |
Thornton Fractnl So High School 18500 Burnham Avenue, Lansing, IL 60438 | 9-12 | 1.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
17725 Commercial Avenue, Lansing, IL 60438 (MLS# 12137773) is a Commercial property that was sold at $415,000 on October 24, 2024. Want to learn more about 17725 Commercial Avenue? Do you have questions about finding other Commercial real estate for sale in Lansing? You can browse all Lansing real estate or contact a Coldwell Banker agent to request more information.

