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    19510 Burnham Ave Lansing, IL 60438

    For Sale
    $449,000

    Land - Lansing, IL

    Days on Market:
    230
    Last Refresh:
    Dec 14 at 1:06 am

    Property Features for 19510 Burnham Ave

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    33072010080000

    Building Details

    Architectural style
    Other

    Keller Williams Preferred Realty (708) 798-1111 [email protected]

    Listing agent Anthony Meier (708) 798-1111 License #471018883

    Listing date Apr 29, 2025

    MLS# 12344976 Listing URL

    Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Lansing Redevelopment Opportunity in TIF

    This property presents a redevelopment opportunity within a TIF district. It comprises approximately 2.5 acres of land featuring four separate free-standing buildings situated on a large corner lot at a high-traffic intersection. Zoned B2 for Commercial Retail and Service, this property offers potential for investors. The total taxes for all four PINs is approximately $68,861.00.
    Location Intelligence

    Current Use by Public Records

    Eenigenburg Manufacturing Inc. Machine Shop

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lansing
    County
    Cook
    State
    Illinois
    Longitude
    -87.5396228
    Latitude
    41.5422871

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    FAQs

    What type of property is this?
    Commercial land - 2.5 acres with four buildings in a high-traffic area.
    Where is this commercial land located?
    The property is located at 19510 Burnham Ave Lansing, IL.
    What is the asking price?
    The asking price for this property is $449,000.
    What are key features of this property?
    This property features: - Located in a TIF District (Tax Increment Financing); - Approximately 2.5 acres of land; - Four separate free-standing buildings
    (708) 798-1111
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    19510 Burnham Ave Lansing, IL 60438
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    Lansing, IL 60438
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    19510 Burnham Ave Lansing, IL 60438
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