Brian Littrel
- Buy
- Sell
https://www.ruhlmortgage.com/BlakeEller.html
Description
FANTASTIC INVESTMENT OPPORTUNITY IN LANSING! Welcome to 18707 Burnham Avenue, a versatile mixed-use property offering both residential and commercial rental income! This property features two residential apartments upstairs and two professional office spaces on the main level, providing four income-producing units under one roof. With three established, long-term tenants, this property offers an attractive opportunity for investors looking to expand their portfolio. Adding to its investment appeal, current tenants have been made aware of potential rental adjustments under new ownership, creating an opportunity for future income growth, subject to existing lease agreements and applicable laws. Conveniently located near shopping, dining, and major roadways, this property combines an established rental history with exciting future possibilities. Whether you're a seasoned investor or just beginning to build your portfolio, this is an opportunity worth exploring! Schedule your private showing today and discover the potential!
Property Highlights
Property Type: Commercial - Business
Building Description: 2.0 stories
Year Built: 1982
General Information
County: Cook
Listed By:
Better Homes & Gardens Real Estate
708-859-0909
MRED MLS
MLS ID: 12797776
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18707 Burnham Avenue , Lansing, IL 60438.
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563-441-1862
toll free 866-441-1862
Customize Your Rate
| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $385,000 | $385,000 | $385,000 |
| Down Payment | $77,000 | $13,475 | $96,250 |
| Monthly Mortgage Amount | $2,023 | $2,483 | $2,476 |
| Taxes | $536 | $536 | $536 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $169 | $0 |
| Monthly Estimated Total | $2,671 | $3,300 | $3,124 |
Brian Littrel
REALTOR®
E Pro, SRES, ABR
Cell: (563) 260-6438
Other: (563) 263-5792
Licensed in IA
Muscatine Office
226 East 2nd Street
Muscatine, IA 52761
(563) 264-0240
Muscatine, IA 52761
(563) 264-0240
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