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Mixed-Use Building with Office Space
New
For Sale
$385,000

18707 Burnham Avenue, Lansing, IL 60438

Commercial Sale, Lansing, IL

Property SizeContact for details
Lot Size0.29 Acres
Days on Market3

Property Features for 18707 Burnham Avenue

General Information

Property type Commercial Sale
Property subtype Other
Zoning COMMR
Directions Follow I-65 N and I-80 W/I-94 W/US-6 W to Calumet Ave in Hammond. Take exit 1 from I-80 W/I-94 W/US-6 W Continue on Calumet Ave to your destination in Lansing Building is on the right.
Subdivision Lansing
Standard status Active
APN 33051000660000
Lot size 0.29 Acres

Additional Details

Tenant in Place Yes
Property Use Mixed-Use

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 13022

Utilities

Cooling system Window Unit(s)

Building Details

Year built 1982
Floors in Building 2
Number of units 4
Building materials Concrete, Brick
Roof type Composition
Buildings 1
Listing Agency: Better Homes & Gardens Real Estate · Better Homes and Gardens Real Estate
Listed By: Kelley Wontorski
Added: Oct 30 Last Checked: Nov 1 at 1:06AM
MLS# 12797776

Copyright © 2026 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.

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This Lansing property combines residential and office space in a single building. Two apartments occupy the upper floor, while the main level contains two professional office suites. The property has three established tenants and is zoned COMMR.

Built in 1982, the building has concrete and brick construction, a composition roof, and window-unit cooling. The site encompasses 0.287 acres and is located near shopping, dining, and major roadways.

Key Highlights

  • Two residential apartments on the upper floor
  • Two professional office spaces on the main level
  • Three established tenants

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Hamann Joseph A OD Physician Wisely Advised Accounting Accounting Firm Robert J Clausing ... Accounting Firm

Suggested Use

Top Pick Real Estate Agency HVAC Service Law Firm (Bike/Boat/Book/etc) Store Furniture & Home Goods Auto Repair Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Office units
2
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

257
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Two apartments and two professional offices provide a combination of residential and commercial space.
Where is this mixed-use property located?
The property is located at 18707 Burnham Avenue Lansing, IL.
What is the asking price?
The asking price for this property is $385,000.
What are key features of this property?
This property features: Two residential apartments on the upper floor; Two professional office spaces on the main level; Three established tenants
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