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3617 Monroe Street Lansing, IL 60438 Residential - Single Family New

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Description

Positioned on a desirable corner lot in the established community of Lansing, this 3-bedroom, 2-bath ranch presents a compelling opportunity for both investors and owner-occupants. Now vacant and move-in ready, the property offers the ability to close quickly and take immediate possession. With a finished basement and efficient layout, the home provides strong rental potential and long-term appeal in the South Suburban market. Interior features include carpet 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 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. This property can also be acquired individually or as part of a larger portfolio package, with three additional properties available-creating an opportunity for investors seeking scale, efficiency, and strong income potential across multiple assets.

Property Highlights

Property Type: Residential - Single Family
Garage Size: 1
Built in 1953
Elementary School: Coolidge Elementary School
High School: Thornton Fractnl So High School
Middle School: Memorial Junior High School

General Information

Bedrooms: 4
Bathrooms: 2
County: Cook
High School: Thornton Fractnl So High School
Listed By:
Keller Williams ONEChicago 312-216-2422
MRED MLS

Room Information

Bedroom 2: 13X11
Bedroom 3: 13X12
Bedroom 4: 13X12
Dining Room: COMBO
Family Room: 22X14
Kitchen: 15X13
Laundry: 15X17
Living Room: 19X13
Primary Bedroom: 14X13
$195,000
Est. $1,306/mo
4beds
2baths
1cars
New to the Market New
BEDS4 BATHS2 full MLS#12610968
STATUSNew PROPERTY TYPEResidential - Single Family SCHOOLDistrict 215

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3617 Monroe Street , Lansing, IL 60438.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $195,000$195,000$195,000
Down Payment $39,000$6,825$48,750
Monthly Mortgage Amount $935$1,148$1,195
Taxes $271$271$271
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$86$0
Monthly Estimated Total $1,306$1,605$1,566

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