Four-Unit
For Sale
$384,800
Pending
18235 Exchange Ave, Lansing, IL 60438
Residential income property with four units and renovation needs.
Property Size3,688 SF
Days on Market244
Property Features for 18235 Exchange Ave
General Information
Standard status
Pending
Size
3,688 SF
Property subtype
Multi-Family
Property Condition
Severity
Repairs Needed
Evidence
repairs and updates are needed
Additional Details
Asking Price
$384,800
Multifamily Units
4
Building Details
Year Built
1963
Buildings
1
Listing Agency:
Realhome Services & Solutions, Inc.
(847) 830-1129
Listed By:
Val Laborevitch · License #471019467
Source:
Searchillinoishomesforsale
Added: Dec 30, 2025
Changed: Aug 29
Last Checked: Aug 30 at 5:53PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Realhome Services & Solutions, Inc.
Investment Insights
Based on property information with market context.
This four-unit residential property in Lansing, Illinois, contains approximately 3,688 square feet of living space, arranged across 7 bedrooms and 4 bathrooms. Constructed in 1963, the building requires repairs and updates, offering a clear renovation component for a purchaser evaluating the property in its current condition.
The property is located at 18235 Exchange Ave and is being offered through an auction process. The sale is on an as-is basis, with no contingencies, repairs, warranties, guarantees, or representations regarding the property or listing materials. Buyers should complete their inspections before bidding.
The property is located at 18235 Exchange Ave and is being offered through an auction process. The sale is on an as-is basis, with no contingencies, repairs, warranties, guarantees, or representations regarding the property or listing materials. Buyers should complete their inspections before bidding.
Key Highlights
- Four‑unit residential building
- Approximately 3,688 square feet of living space
- 7 bedrooms and 4 bathrooms
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
486
Businesses Nearby
Explore this area
Business Placement
Demographics for 60438, IL
29,661
Population
12,230
Households
2.4
Avg Household Size
40
Median Age
28%
College-Educated
93%
High-School Grad
8.1 sq mi
ZIP Area
3,662
Density / Sq Mi
$72,043
Median Household Income
$44,632
Median Earnings
$1,271
Median Rent
$168,600
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Residential income property with four units and renovation needs.
Where is this quadplex located?
The property is located at 18235 Exchange Ave Lansing, IL.
What is the asking price?
The asking price for this property is $384,800.
What are key features of this property?
This property features: Four‑unit residential building; Approximately 3,688 square feet of living space; 7 bedrooms and 4 bathrooms
