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    Lansing, IL Multifamily Properties for Sale

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    Rehabbed 6-Unit Apartment Building
    Updated: Mar 15
    Rehabbed 6-Unit Apartment Building

    3061 BERNICE Road, Lansing, IL 60438

    $762,000
    Six‑unit apartment building at 3061 Bernice Road, Lansing, IL 60438
    Renovated apartment interiors with contemporary finishes
    Electric heaters installed in the units
    Full tear‑off roof replacement completed within the past year
    Existing boilers remain installed and are used infrequently
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    Rehabbed 6-Unit Apartment Building
    Updated: Mar 15
    Rehabbed 6-Unit Apartment Building

    3045 BERNICE Road, Lansing, IL 60438

    $738,000
    6‑unit apartment building at 3045 Bernice Road, Lansing, IL 60438
    15 of 18 units renovated across this building and two additional properties
    Complete tear‑off new roof installed within the past year
    Electric heaters installed in units; boilers remain in place
    Large parking lot with ample tenant parking
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    Rehabilitated 6-Unit Apartment Building
    Rehabilitated 6-Unit Apartment Building

    3069 BERNICE Road, Lansing, IL 60438

    $690,000

    Apartment property with updated mechanical systems, a newer roof, and substantial on-site parking.

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    See what stands out in Cook County

    We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

    We check every listing here. A few are worth a second look.

    Cap Rate available after sign in
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    Local Demand available after sign in
    Lansing Multifamily Investment Opportunity
    Lansing Multifamily Investment Opportunity

    18422 Torrence Avenue, Lansing, IL 60438

    Contact for pricing
    12,000 sqft 0.40 AC lot

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

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    Four-Unit and Single-Family Package
    Four-Unit and Single-Family Package

    19061 Wentworth Avenue, Lansing, IL 60438

    $599,900

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

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    Four-Unit Quadplex
    Four-Unit Quadplex

    18235 Exchange Ave, Lansing, IL 60438

    Contact for pricing
    3,688 sqft

    Residential income property with four units and renovation needs.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Rehabbed 6-Unit Apartment Building
    Rehabbed 6-Unit Apartment Building

    3045 Bernice Rd, Lansing, IL 60438

    $738,000

    Turnkey investment property with renovated units and high rental income.

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    Rehabbed Six-Unit Apartment Building
    Rehabbed Six-Unit Apartment Building

    3069 Bernice Rd, Lansing, IL 60438

    $690,000

    Turnkey investment opportunity with renovated units and new roof.

    View details
    Rehabbed 6-Unit Apartment Building
    Rehabbed 6-Unit Apartment Building

    3061 Bernice Road, Lansing, IL 60438

    $762,000

    Turnkey investment opportunity with renovated units and new roof.

    View details
    Mixed-Use Income Property
    Mixed-Use Income Property

    2936 Bernice Rd, Lansing, IL 60438

    Contact for pricing
    2,960 sqft

    Mixed-use building with two office spaces and two one-bedroom apartments, currently producing rental income.

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    19-Unit Apartment Portfolio
    19-Unit Apartment Portfolio

    18381, 18350 & 18422 Torrence Avenue, Lansing, IL 60438

    Contact for pricing

    Three nearby brick apartment buildings offer a mix of one- and two-bedroom units with practical management proximity.

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    Two-Unit Mixed-Use Building
    Two-Unit Mixed-Use Building

    3243 Ridge Rd, Lansing, IL 60438

    Contact for pricing

    Block construction supports a commercial lower level and an apartment residence above, with additional basement space.

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    Two-Unit Ranch Duplex Corner Lot
    Two-Unit Ranch Duplex Corner Lot

    3603-3605 Jackson Street, Lansing, IL 60438

    Contact for pricing

    Two ranch units with private entrances, shared attached garage, unfinished basement with laundry, and a concrete patio on a corner lot.

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    Based on your search, we've compiled 77 Potential Opportunities for your consideration. Besides 13 Active listings in Lansing, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 59 Off-Market properties to explore as potential leads, plus 1 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Duplex with Rear Coach House
    Duplex with Rear Coach House

    305 River Oaks Drive, Calumet City, IL 60409

    Contact for pricing
    0.39 AC lot

    Two-unit frame property with a detached rear coach house, basement, garage, and public utilities.

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    Updated Multifamily Property on Double Lot
    Updated Multifamily Property on Double Lot

    953 Hirsch Blvd, Calumet City, IL 60409

    $220,000

    Two adjoining lots provide outdoor space and room to consider future site improvements.

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    Two-Building Mixed-Use Property
    Two-Building Mixed-Use Property

    7302 Columbia Ave, Hammond, IN 46324

    Contact for pricing

    Corner-lot asset combines storefront space with two upstairs apartments.

    View details
    5-Unit Apartment Building
    5-Unit Apartment Building

    545 165th st, Hammond, IN 46324

    Contact for pricing

    Five residential units provide a compact multifamily configuration in Hammond.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    University Park Developable Land
    University Park Developable Land

    976 Mesa Court, University Park, IL 60484

    Contact for pricing
    3.20 AC lot

    3.2 acres with 24 concrete housing pads in University Park.

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    Off-Market Properties in Lansing, IL

    Consider similar Off-Market properties in Lansing, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    18305 Exchange Ave
    GARDEN APT, COURT APT (5+ UNITS)

    18305 Exchange Ave, Lansing, IL 60438-2963

    $770,000
    Estimated value
    0.18 AC lot
    View details
    18305 Exchange Ave
    GARDEN APT, COURT APT (5+ UNITS)

    18305 Exchange Ave, Lansing, IL 60438-2963

    $770,000
    Estimated value
    0.18 AC lot
    View details
    18305 Exchange Ave
    GARDEN APT, COURT APT (5+ UNITS)

    18305 Exchange Ave, Lansing, IL 60438-2963

    $770,000
    Estimated value
    0.18 AC lot
    View details
    18217 Exchange Ave
    GARDEN APT, COURT APT (5+ UNITS)

    18217 Exchange Ave, Lansing, IL 60438-2944

    $560,000
    Estimated value
    0.18 AC lot
    View details
    18001 Burnham Ave
    APARTMENT HOUSE (UNDER 5 UNITS)

    18001 Burnham Ave, Lansing, IL 60438-2336

    $310,000
    Estimated value
    1,972 sqft 0.18 AC lot
    View details
    18375 Torrence Ave
    APARTMENT HOUSE (UNDER 5 UNITS)

    18375 Torrence Ave, Lansing, IL 60438-2880

    $285,000
    Estimated value
    2,507 sqft 0.11 AC lot
    View details
    2415 Thornton Lansing Rd
    GARDEN APT, COURT APT (5+ UNITS)

    2415 Thornton Lansing Rd, Lansing, IL 60438-2151

    $925,000
    Estimated value
    0.30 AC lot
    View details
    17702 Exchange Ave
    APARTMENT HOUSE (UNDER 5 UNITS)

    17702 Exchange Ave, Lansing, IL 60438-4815

    $390,000
    Estimated value
    3,760 sqft 0.17 AC lot
    View details
    18217 Exchange Ave
    GARDEN APT, COURT APT (5+ UNITS)

    18217 Exchange Ave, Lansing, IL 60438-2944

    $560,000
    Estimated value
    0.18 AC lot
    View details
    3609 Rdg Rd
    APARTMENT HOUSE (UNDER 5 UNITS)

    3609 Rdg Rd, Lansing, IL 60438-3352

    $165,000
    Estimated value
    1,530 sqft 0.10 AC lot
    View details
    19229 Burnham Ave
    APARTMENT HOUSE (UNDER 5 UNITS)

    19229 Burnham Ave, Lansing, IL 60438-3898

    $275,000
    Estimated value
    1,795 sqft 2.45 AC lot
    View details

    Lansing, IL Multifamily Properties Market Trends and Statistics

    Explore 72 multifamily properties for sale in Lansing, IL, showcased through 13 active listings on our real estate platform. These investment opportunities span a total of 18,648 square feet of properties for sale, with an estimated market value of $4,979,900.

    Sale prices for multifamily properties in Lansing, IL start at $599,900, averaging $711,414, and reaching up to $762,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Apartment buildings 8
    Quadplexes 2
    Duplexes 1

    Demographics Overview

    Population 29K
    Population Growth (5Y) -0.6%
    Median Household Income $72,043
    College Educated 38.6%

    High-Yield Neighborhoods for Investment

    Identify Lansing submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    60438 $670.6K

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Cook County

    New Delisted

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