3617 Monroe Street Lansing, IL $ 195,000
3617 Monroe Street
$ 195,000
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3617 Monroe Street

Lansing, IL, 60438
$ 195,000
Bedrooms4 Baths2.0

Monthly Estimate*

$ 1,201

3617 Monroe Street, Lansing, IL 60438 - Image 1
3617 Monroe Street, Lansing, IL 60438 - Image 2
3617 Monroe Street, Lansing, IL 60438 - Image 3
3617 Monroe Street, Lansing, IL 60438 - Image 4
3617 Monroe Street, Lansing, IL 60438 - Image 5
3617 Monroe Street, Lansing, IL 60438 - Image 6

Single Family Home for sale in Lansing, IL

for $195,000 with 4 bedrooms and 2 full baths. This home was built in 1953 on a lot size of 0.12.

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.

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Single Family Active

Price

$ 195,000

Bedrooms

4

Full Bath

2

Property Type

Single Family

Taxes

$ 5,957

Style

Lot Size

0.12

Year Built

1953

Town/City

Lansing

County/Region

Cook

MLS | Web ID

12594305

Features
General
Living Area 0
Sewer Public Sewer
Heating Natural Gas
Cooling None
Possession Other
Appliances Range Refrigerator
Garage Spaces 1
Association Fee Includes None
Construction Materials Frame
Year Built 1953
Township Thornton
Tax Year 2024
Ownership Fee Simple
Community Features Curbs Sidewalks Street Lights Street Paved
Additional Parcels Description 30322040120000
Assoc Fee Paid Per Not Applicable
County Cook
New Construction N
Property Type Residential Detached Single
Other Structures Shed(s)
Total Rooms 8
Full Baths 2
Status New
Directions Ridge Road to Wentworth to Monroe.
High School Thornton Fractnl So High School
City Lansing
High School District 215
MLS Area Lansing
Elementary School Coolidge Elementary School
Tax Annual Amount 5957.49
Middle/Junior High School Memorial Junior High School
Additional Parcels Y/N Y
Standard Status Active
Middle/Junior School District 158
Elementary School District 158
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Interior
Basement Finished Full
Half Baths 0
Total Bedrooms 2
Room Type No additional rooms
Total Baths 2
Bedrooms Possible 4
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Exterior
Parking Features Off Alley Garage Door Opener Yes Garage Owned Detached Garage
Water Source Lake Michigan Public
Total Parking 1
Lot Dimensions 40x134
Lot Size Acres 0.12
Waterfront Y/N N
Other Equipment CO Detectors Sump Pump
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* Excluded Features
List By
Keller Williams Onechicago

Broker

christopheranthony@kw.com;ChristopherAnthony@kw.com

Email

Affordability Calculator

$1,697
Per Month
71%
29%
0%
Monthly Principal & Interest
$1,201
Monthly Property Taxes
$496
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2337804 Elementary School
564571 Middle School
Thornton Fractnl So High School High School
Pricing History
DatePricePrice ChangeDescription
3/20/2026$195,000 Listed Price

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3617 Monroe Street, Lansing, IL, 60438 is a Single Family Home for sale at $195,000 with a lot size of 0.12. 3617 Monroe Street has 4 bedrooms, 2.0 baths, and was built in 1953. The property's zip code is 60438 which is in Lansing, IL