3617 Monroe Street, Lansing, IL 60438

Lansing
Local realty services provided by:Better Homes and Gardens Real Estate Connections
3617 Monroe Street,Lansing, IL 60438
$195,000
  • 4 Beds
  • 2 Baths
  • - sq. ft.
  • Single family
  • Active
Listed by: christopher anthony, alexie rivero
Office: keller williams onechicago
MLS#:12594305
Source:MLSNI

Price summary

  • Price:$195,000

About this home

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...

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Home facts

  • Year built:1953
  • Listing ID #:12594305
  • Added:8 day(s) ago
  • Updated:March 29, 2026 at 10:48 AM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:2
  • Full bathrooms:2
  • Rooms Total:8
  • Kitchen Description:Range, Refrigerator
  • Basement:Yes
  • Basement Description:Finished, Full

Heating and cooling

  • Heating:Natural Gas

Structure and exterior

  • Year built:1953
  • Lot area:0.12 Acres
  • Levels:1 Story

Schools

  • High school:Thornton Fractnl So High School
  • Middle school:Memorial Junior High School
  • Elementary school:Coolidge Elementary School

Utilities

  • Water:Lake Michigan, Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$195,000
  • Tax amount:$5,957 (2024)

Features and amenities

  • Amenities:CO Detectors, Sump Pump

Parking

  • Total parking spaces:1
  • Parking description:Detached Garage, Garage, Off Alley
  • Garage:Yes
  • Garage spaces:1
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