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    Lansing, IL Multifamily Properties for Sale

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    Munster, IN Lynwood, IL Calumet City, IL
    11 results
    Rehabbed Multi-Family Investment Opportunity
    $775,000
    Rehabbed Multi-Family Investment Opportunity

    3045 BERNICE Road, Lansing, IL 60438

    Turnkey six-unit building with renovated units and new roof.
    • Turnkey investment property featuring 6 units in a desirable apartment community.
    • Enjoy a high cash‑on‑cash return (9%+) at the asking price.
    • Significant renovations completed, modernizing all 6 units in this building and 9 units in two other buildings.
    • New roof installed within the past year.
    • Reduced expenses thanks to the installation of electric heaters.
    Updated: Mar 15
    View details
    Rehabbed 6-Unit Apartment Building
    $725,000
    Rehabbed 6-Unit Apartment Building

    3069 BERNICE Road, Lansing, IL 60438

    Turnkey investment opportunity with renovated units and new roof.
    • Turnkey investment opportunity with 9%+ cash‑on‑cash return at asking price.
    • Substantial rental income of $9109.
    • Fully renovated units to modern standards (15 of 18 units renovated).
    • New roof installed in the past year.
    • Electric heaters installed in units to reduce boiler expenses.
    Updated: Mar 15
    View details
    Rehabbed 6-Unit Apartment Building
    $800,000
    Rehabbed 6-Unit Apartment Building

    Turnkey investment opportunity with renovated units and new roof.

    3061 BERNICE Road, Lansing, IL 60438

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    Lansing Multifamily Investment Opportunity
    $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

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    Lansing Investment Property Package
    $599,900
    Lansing Investment Property Package

    Single-family home and fully leased four-unit apartment in Lansing, Illinois.

    19061 Wentworth Avenue, Lansing, IL 60438

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    Rehabbed 6-Unit Apartment Building
    $800,000
    Rehabbed 6-Unit Apartment Building

    Turnkey investment property with renovated units and high rental income.

    3045 BERNICE Road, Lansing, IL 60438

    View details
    Rehabbed Six-Unit Apartment Building
    $750,000
    Rehabbed Six-Unit Apartment Building

    Turnkey investment opportunity with renovated units and new roof.

    3069 BERNICE Road, Lansing, IL 60438

    View details
    Rehabbed 6-Unit Apartment Building
    $825,000
    Rehabbed 6-Unit Apartment Building

    Turnkey investment opportunity with renovated units and new roof.

    3061 BERNICE Road, Lansing, IL 60438

    View details
    Multifamily Property in Lansing, Illinois
    $550,000
    5,400 SF
    Multifamily Property in Lansing, Illinois

    Six-unit building with income potential in Chicagoland area.

    18429 Torrence Ave, Lansing, IL 60438

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    Remodeled Lansing Commercial Property
    $725,000
    0.18 Acres
    Remodeled Lansing Commercial Property

    Remodeled bar/restaurant with apartment and outdoor patio in Lansing.

    3323 Ridge Road, Lansing, IL 60438

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    Income-Producing Mixed-Use Lansing Property
    $219,500
    2,960 SF
    Income-Producing Mixed-Use Lansing Property

    Mixed-use property in Lansing with office and residential units.

    2936 Bernice Road, Lansing, IL 60438

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    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 11 Active listings in Lansing, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 61 Off-Market properties to explore as potential leads, plus 4 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.

    Hammond Multifamily Investment Opportunity
    $150,000
    0.14 Acres
    Hammond Multifamily Investment Opportunity

    Three-unit multifamily property in Hammond, Indiana, with strong rental potential.

    10-12 Waltham Street, Hammond, IN 46320

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    Well-Maintained 12-Unit Apartment Building
    $799,996
    Well-Maintained 12-Unit Apartment Building

    12-unit apartment building near Illinois-Indiana border with income potential.

    Calumet City, IL 60409

    View details
    Hammond Multifamily Investment Opportunity
    $175,000
    2,808 SF
    Hammond Multifamily Investment Opportunity

    Three-unit multifamily property in Hammond with strong rental potential.

    10-12 Waltham Street, Hammond, IN 46320

    View details
    Two-Unit Duplex with Coach House
    Contact for pricing
    0.39 Acres
    Two-Unit Duplex with Coach House

    Two-unit duplex with a rear coach house, offered as-is and requiring renovation work.

    305 River Oaks Drive, Calumet City, IL 60409

    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
    Contact for pricing
    3.20 Acres
    University Park Developable Land

    3.2 acres with 24 concrete housing pads in University Park.

    976 Mesa Court, University Park, IL 60484

    View details
    Wooded Homesite in Wheatfield, Indiana
    Contact for pricing
    0.57 Acres
    Wooded Homesite in Wheatfield, Indiana

    Spacious, wooded 0.57-acre lot in established neighborhood.

    4418 Oakland Court, Wheatfield, IN 46392

    View details
    Vacant Lot in Gated Community
    Contact for pricing
    0.12 Acres
    Vacant Lot in Gated Community

    Vacant lot in gated community with many amenities for seasonal living.

    2795 E 28th Lot 1205 Road, Seneca, IL 61360

    View details
    Land For Sale, Lakemoor, IL
    Contact for pricing
    0.12 Acres
    Land For Sale, Lakemoor, IL

    Commercial land available in Lakemoor, Illinois.

    27 Oyster Bay, Lakemoor, IL 60051

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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)
    Lot: 0.18 Acres
    Estimated value
    $770,000

    18305 Exchange Ave, Lansing, IL 60438-2963

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

    18305 Exchange Ave, Lansing, IL 60438-2963

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

    18305 Exchange Ave, Lansing, IL 60438-2963

    View details
    18217 Exchange Ave
    GARDEN APT, COURT APT (5+ UNITS)
    Lot: 0.18 Acres
    Estimated value
    $560,000

    18217 Exchange Ave, Lansing, IL 60438-2944

    View details
    18001 Burnham Ave
    APARTMENT HOUSE (UNDER 5 UNITS)
    1,972 SF Lot: 0.18 Acres
    Value Estimation by Request

    18001 Burnham Ave, Lansing, IL 60438-2336

    View details
    18375 Torrence Ave
    APARTMENT HOUSE (UNDER 5 UNITS)
    2,507 SF Lot: 0.11 Acres
    Value Estimation by Request

    18375 Torrence Ave, Lansing, IL 60438-2880

    View details
    2415 Thornton Lansing Rd
    GARDEN APT, COURT APT (5+ UNITS)
    Lot: 0.30 Acres
    Estimated value
    $925,000

    2415 Thornton Lansing Rd, Lansing, IL 60438-2151

    View details
    17702 Exchange Ave
    APARTMENT HOUSE (UNDER 5 UNITS)
    3,760 SF Lot: 0.17 Acres
    Value Estimation by Request

    17702 Exchange Ave, Lansing, IL 60438-4815

    View details
    18217 Exchange Ave
    GARDEN APT, COURT APT (5+ UNITS)
    Lot: 0.18 Acres
    Estimated value
    $560,000

    18217 Exchange Ave, Lansing, IL 60438-2944

    View details
    3609 Rdg Rd
    APARTMENT HOUSE (UNDER 5 UNITS)
    1,530 SF Lot: 0.10 Acres
    Value Estimation by Request

    3609 Rdg Rd, Lansing, IL 60438-3352

    View details
    19229 Burnham Ave
    APARTMENT HOUSE (UNDER 5 UNITS)
    1,795 SF Lot: 2.45 Acres
    Value Estimation by Request

    19229 Burnham Ave, Lansing, IL 60438-3898

    View details
    3538 Rdg Rd
    APARTMENT HOUSE (UNDER 5 UNITS)
    2,270 SF Lot: 0.21 Acres
    Value Estimation by Request

    3538 Rdg Rd, Lansing, IL 60438-3315

    View details
    3601 Rdg Rd
    APARTMENT HOUSE (UNDER 5 UNITS)
    7,474 SF Lot: 0.11 Acres
    Value Estimation by Request

    3601 Rdg Rd, Lansing, IL 60438-3379

    View details

    Lansing, IL Multifamily Properties Investment Opportunities Market Analysis

    Explore 72 multifamily properties for sale in Lansing, IL, showcased through 11 active listings on our real estate platform. These investment opportunities span a total of 20,360 square feet of properties for sale, with an estimated market value of $2,049,500.

    Sale prices for multifamily properties in Lansing, IL start at $219,500, averaging $683,166, and reaching up to $1,280,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

    List
    Map

    Top Commercial Asset Segments

    Apartment buildings 10
    Quadplexes 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 median listing prices of real estate assets

    Neighborhood Average Price
    60438 $731.8K

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

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