2491 Terrace Avenue, Lynwood, IL 60411 - Photo 1

1/1

$405,000

Sold
Closed
Multi-Family
9 Total Beds

1/1

Property Description

Discover this charming four-unit property, perfectly situated with convenient access and ample parking-featuring 8 dedicated spots for residents. This brick building includes three spacious 2-bedroom units and a standout 3-bedroom, 2-bath duplex unit, ideal for an owner-occupant. The 3-bedroom apartment on the first floor boasts a generous eat-in kitchen and a duplex layout that extends to the basement, providing additional living space. Don't miss out on this versatile investment with great potential!

Full Property Details

Full Property Details for 2491 Terrace Ave

General

Sold For: $405,000
Taxes: (2023)
Status: Closed
Type: Multi-Family
Source: MRED
MLS ID: 12421085
Added to Site: 219 day(s) ago

Rooms

Bathrooms

Total Bathrooms: 5

Bedrooms

Total Bedrooms: 9

Additional Information

Other Features: School Bus Service

Exterior

Exterior Features: Balcony

Parking

Total Spaces: 8
Parking Features: On Site
Parking On-Site: Yes

Location

Area: Lynwood
County: Cook
Driving Directions: TORRENCE TO 198TH EAST TO TERRACE NORTH TO PROPERTY

School Information

School District: 172
Midd School District: 172

Heating & Cooling

Heating Type: Natural Gas, Baseboard

Utilities

Water: Lake Michigan, Public

Structural Information

Construction: Brick
Exterior Const.: Brick
Basement Desc.: Unfinished, Full
Year Built: 1978

Unit Information

Units in Building: 4

Lot Features

Lot Size Range: Less than .25 Acre
Lot Dimensions: 70 x 145
Zoning: MULTI

Financial Considerations

Assessment Year: 1978
Tax Year: 2023

Disclosures and Reports

Ownership: Fee Simple
Special Conditions: List Broker Must Accompany
Property ID: 33071120040000

Listed by Chicagoland Realty & Associates Inc

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Meet the selling agent

— 2491 Terrace Ave —

Jennifer Brooks

Email Me

(708) 261-2768 mobile

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NMLS#: 1598647

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Schools

Schools serving 2491 Terrace Ave

School Districts:Sunnybrook School District 171, Thornton Fractional Township High School District 215

Name	Grades	Distance
Heritage Middle School, Lansing, IL 19250 Burnham Avenue, Lansing, IL 60438	5-8	1 mi
Nathan Hale Elementary School, Lansing, IL 19055 Burnham Avenue, Lansing, IL 60438	PK-4	1.3 mi
Thornton Fractnl So High School 18500 Burnham Avenue, Lansing, IL 60438	9-12	1.7 mi

Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 2491 Terrace Ave

Date

Details

Price

Change

Source

8/22/2025

Sold

$405,000

2.53%

MLS

7/15/2025

Listed

$395,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

18331 Hickory St, Lansing, IL 60438 - Photo 1

Just Listed

$244,900

18331 Hickory St Lansing, IL 60438

Single Family
Active
Updated 23 hours ago

3
Beds
3
Total Baths
1,080
Sq. Ft.

3659 Madison St, Lansing, IL 60438 - Photo 1

Just Listed

$159,900

3659 Madison St Lansing, IL 60438

Single Family
Active
Updated 7 hours ago

3
Beds
2
Total Baths
771
Sq. Ft.

Just Listed

$324,900

Open House

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Townhouse
Active
Updated 1 day ago

2
Beds
2
Total Baths
1,669
Sq. Ft.

Listed by Encore Sotheby's International

1211 Joliet St, Dyer, IN 46311 - Photo 1

Just Listed

$419,900

1211 Joliet St Dyer, IN 46311

Lots/Land
Active
Updated 4 days ago

0.704
Acres

Listed by Century 21 Circle

18504 Wentworth Ave, Lansing, IL 60438 - Photo 1

Price Reduced

-$16,100 (-5.57%)

$272,900

18504 Wentworth Ave Lansing, IL 60438

Single Family
Active
Updated 11 hours ago

4
Beds
2
Total Baths
1,660
Sq. Ft.

Listed by Edna Thompson (708) 945-7795

13614 W 105th Pl, Dyer, IN 46311 - Photo 1

Price Reduced

-$3,000 (-0.67%)

$442,000

13614 W 105th Pl Dyer, IN 46311

Single Family
Active
Updated 16 minutes ago

5
Beds
4
Total Baths
2,932
Sq. Ft.

Listed by Meagan Skinner (219) 789-0806

18634 Bernadine St, Lansing, IL 60438 - Photo 1

Price Reduced

-$15,000 (-6.82%)

$205,000

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Single Family
Active
Updated 1 hour ago

2
Beds
1
Total Bath
912
Sq. Ft.

2446 Forest Park Dr, Dyer, IN 46311 - Photo 1

Price Reduced

-$5,001 (-1.59%)

$309,999

2446 Forest Park Dr Dyer, IN 46311

Single Family
Active
Updated 1 day ago

3
Beds
2
Total Baths
1,840
Sq. Ft.

Listed by Beycome Brokerage Realty LLC

2281 198th St, Lynwood, IL 60411 - Photo 1

Sold

$359,900

2281 198th St Lynwood, IL 60411

Single Family
Closed

4
Beds
2
Total Baths
3,089
Sq. Ft.

19548 Northwinds Dr, Lynwood, IL 60411 - Photo 1

Sold

$412,000

19548 Northwinds Dr Lynwood, IL 60411

Single Family
Closed

4
Beds
4
Total Baths
3,903
Sq. Ft.

2844 193rd St, Lansing, IL 60438 - Photo 1

Sold

$370,000

2844 193rd St Lansing, IL 60438

Single Family
Closed

5
Beds
2
Total Baths
2,578
Sq. Ft.

20580 Bensley Ave, Lynwood, IL 60411 - Photo 1

Sold

$395,000

20580 Bensley Ave Lynwood, IL 60411

Single Family
Closed
Updated 2 days ago

5
Beds
3
Total Baths
2,146
Sq. Ft.

2491 Terrace Avenue, Lynwood, IL 60411 (MLS# 12421085) is a Multi-Family property that was sold at $405,000 on August 22, 2025. Want to learn more about 2491 Terrace Avenue? Do you have questions about finding other Multi-Family real estate for sale in Lynwood? You can browse all Lynwood real estate or contact a Coldwell Banker agent to request more information.

2491 Terrace Ave Lynwood, IL 60411