November 16, 2023 – Anthony Spangler of Horvath & Tremblay has successfully completed the sale of a four-unit multi-family property in Lansing, Illinois. Horvath & Tremblay represented the seller and procured the buyer to complete the transaction at a sale price of $285,000.
The residential building is located at 2278 182nd Place in Lansing, Illinois. 2278 182nd Place consists of a two-story, multi-family building, containing four (4) 2-Bedroom/1-Bathroom units with 3,433 square feet of living area. The well-maintained brick apartment building was constructed in 1964 on a 0.2-acre parcel with ample off-street parking. The Property is within walking distance of a multitude of business establishments in Lansing. The Property is 1-mile from a Walgreens, Dollar Tree, Burger King, and a Walmart Supercenter. The Property is also less than 1-mile from Wampum Lake and Brownell Woods, a nature preserve with walking and biking trails, picnic areas, and year round outdoor activities. The property is close to the Pace Bus Line, and has excellent access to the Kingery Expressway, which connects I-80, I-94, I-294, I-394, IL-83, and US-6 at Torrence Ave exit ramp located within a mile of the property. The quick highway access provides easy accessibility to both Chicago Metropolitan and Northwest Indiana and the surrounding areas. Additionally, the property is a few miles from both the Homewood and Calumet METRA Stations and the Cardinal Line in Dyer, IN.
Horvath and Tremblay is one of the most active and successful Investment Real Estate Brokerage firms in the United States. Their advisors specialize in the sale of apartment buildings, mixed-use properties, and development projects. They have experience successfully structuring portfolio sales and 1031 exchanges. They have a dedicated buy side desk that provides real time inventory and market data to each individual client placing capital or fulfilling a 1031 exchange requirement. The firm is dedicated to being the best source of information and expertise in the marketplace for private investors, developers, institutions, and industry professionals.