Back to Search

Rehabbed 6-Unit Apartment Building

3061 BERNICE Road Lansing, IL 60438

For Sale

$800,000

MULTI_FAMILY - Lansing, IL

For Sale

$800,000

MULTI_FAMILY - Lansing, IL

Added:: Mar 15, 2026
Days on Market:: 120
Last Refresh:: Jul 12 at 2:06 am

Property Features for 3061 BERNICE Road

General Information

Property type: Residential Multi Family
Property subtype: Other
Bedrooms: 16
Bathrooms: 6
Rooms: Bedroom 8, Bedroom 11, Bedroom 14, Bedroom 12, Bedroom 15, Bathroom 6, Bedroom 16, Bedroom 5, Bathroom 2, Bathroom 1, Bedroom 9, Bathroom 5, Bathroom 4, Bedroom 2, Bedroom 7, Bedroom 1, Bedroom 4, Bedroom 13, Bedroom 10, Bedroom 3, Bedroom 6, Bathroom 3
Standard status: Active
APN: 30304070120000

Taxes and HOA fees

Tax Year: 2024
Tax Annual Amount: 21996

Building Details

Year built: 1978
Floors in Building: 3
Number of units: 6

Listing agent Michael Scanlon License #475188240

Listing office eXp Realty 939 W. North Ave., Chicago, IL

Listing date Mar 15, 2026

MLS# 12593035 Listing URL

Investment Insights

Based on property information with market context.

This is a renovated six-unit apartment building located in Lansing, IL. The property features renovated units and a new roof. The current owners have renovated units to modern standards. The property generates $9700 of rental income. Electric heaters have been installed in the units to reduce expenses, largely bypassing the boilers. The complex includes a large parking lot with ample spaces for tenants. The property is presented as a turnkey investment opportunity.

Key Highlights

Turnkey investment property with 9%+ cash on cash return at asking price.
Significant rental income of $9700.
Recently renovated units to modern standards (15 of 18 units renovated).

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Similar For Sale Nearby

$529,000

Lansing Commercial Opportunity For Sale

Established business with real estate on high-traffic corner lot.

19510 Burnham Avenue, Lansing, IL 60438

View Details
$259,000

All-Brick Downtown Office Building

All-brick five-unit office building offers multiple small suites in a downtown Lansing setting.

3436 Ridge Road, Lansing, IL 60438

View Details
$725,000

Rehabbed 6-Unit Apartment Building

Turnkey investment opportunity with renovated units and new roof.

3069 BERNICE Road, Lansing, IL 60438

View Details
$775,000

Rehabbed Multi-Family Investment Opportunity

Turnkey six-unit building with renovated units and new roof.

3045 BERNICE Road, Lansing, IL 60438

View Details
$1,280,000

12,000 SF

Lansing Multifamily Investment Opportunity

12-unit multifamily property in Lansing, Illinois, with excellent visibility.

18422 Torrence Avenue, Lansing, IL 60438

View Details
$695,000

6,000 SF

Multifamily Property with Off-Street Parking

Three-story building offers six units with off-street parking and convenient access to major south suburban routes.

2121 176TH PL, LANSING, IL 60438

View Details
$355,000

Lansing Commercial Property For Sale

Commercial property in Lansing, Illinois, suitable for a mechanic workshop.

17809 Torrence Avenue, Lansing, IL 60438

View Details
$599,900

Four-Unit and Single-Family Package

Package includes a vacant single-family home and a fully leased four-unit apartment/townhome building.

19061 Wentworth Avenue, Lansing, IL 60438

View Details
$1,800,000

5,575 SF

Industrial Facility Near I-80/94

Well-maintained industrial building with high visibility and convenient transportation access.

17620 Chicago Avenue, Lansing, IL 60438

View Details
$3,500,000

18,742 SF

Lansing Self Storage For Sale

Newly completed self-storage facility in Chicago MSA, 84% leased.

17506 Chicago Ave, Lansing, IL

View Details
$3,399,900

56,192 SF

Renovated 65-Room Hotel with Indoor Pool

Renovated 1996 hotel with indoor pool, covered entry, and ample parking—well suited for hospitality operators.

2235 173rd Place, Lansing, IL 60438

View Details
$2,241,000

4,214 SF

Chase Bank NNN Investment Property

NNN leased Chase Bank investment property for sale.

16767 Torrence Ave, Lansing, IL

View Details

For sale
Apartment buildings
IL
Lansing
60438
3061 BERNICE Road

What type of property is this?

Apartment building - Turnkey investment opportunity with renovated units and new roof.

Where is this apartment building located?

The property is located at 3061 BERNICE Road Lansing, IL.

What is the asking price?

The asking price for this property is $800,000.

What are key features of this property?

This property features: Turnkey investment property with **9%+ cash on cash return** at asking price.; Significant rental income of $9700.; Recently renovated units to modern standards (**15 of 18 units renovated**).

3061 BERNICE Road Lansing, IL 60438

MULTI_FAMILY - Lansing, IL

Property Features for 3061 BERNICE Road

General Information

Taxes and HOA fees

Building Details

Investment Insights

Key Highlights

Property Analytics

Current Use by Public Records

Suggested Use

Similar For Sale Nearby

Lansing Commercial Opportunity For Sale

All-Brick Downtown Office Building

Rehabbed 6-Unit Apartment Building

Rehabbed Multi-Family Investment Opportunity

Lansing Multifamily Investment Opportunity

Multifamily Property with Off-Street Parking

Lansing Commercial Property For Sale

Four-Unit and Single-Family Package

Industrial Facility Near I-80/94

Lansing Self Storage For Sale

Renovated 65-Room Hotel with Indoor Pool

Chase Bank NNN Investment Property

FAQs