3617 Monroe St., Lansing, IL 60438

3617 Monroe St., Lansing, IL 60438
Photo 1 of 6
$195,000
Beds Baths Sq. Ft. Taxes Built
2 2.00 0 $5,957.49 1953
On the market: 2 days

Est. Monthly Payment:

$1,664($1,168 + $496 taxes*)

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Positioned on a desirable corner lot in the established community of Lansing, this income-producing 3-bedroom, 2-bath ranch presents a compelling opportunity for investors seeking stable cash flow and portfolio growth. The property is tenant occupied with $1,950/month in rental income, offering immediate revenue from day one. With a finished basement and efficient layout, the home provides strong rental appeal and long-term tenant demand in the South Suburban rental market. Interior features include hardwood and wood-laminate flooring, a convenient main-level bedroom and full bathroom, and a finished basement that expands usable living space ideal for recreation, storage, or flexible tenant use. Additional highlights include a fenced yard, a 3-season room, and a detached garage. The location offers excellent accessibility near retail, dining, and daily conveniences, with quick connectivity to Interstate 94 providing a direct commute to surrounding suburbs and Chicago. Investor Advantage: This property can also be acquired individually or as part of a larger portfolio package, with three additional performing rental properties available, creating an opportunity for investors seeking scale, efficiency, and immediate income across multiple assets.
Listing courtesy of Christopher Anthony, Keller Williams ONEChicago