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    Lansing, IL Residential Income Properties for Sale

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    13 properties
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    4-Unit Apartment Building
    Updated: Sep 27
    4-Unit Apartment Building

    18425 Torrence Avenue, Lansing, IL 60438

    $250,000
    0.11 AC lot
    Four apartments: three one‑bedroom units and one two‑bedroom unit
    11 rooms, 5 bedrooms, and 4 full bathrooms
    0.1065‑acre lot
    Built in 1963
    Natural gas heat, public water, and public sewer
    View details
    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
    Rehabbed 6-Unit Apartment Building

    3045 BERNICE Road, Lansing, IL 60438

    $738,000

    Updated interiors, electric unit heating, and a large shared parking area support the multifamily layout.

    View details
    See hot listings in Lansing

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

    Cap Rate available after sign in
    Est. NOI available after sign in
    Local Demand available after sign in
    Mixed-Use Income Property
    Mixed-Use Income Property

    2936 Bernice Rd, Lansing, IL 60438

    $219,500
    2,960 sqft

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

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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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    Six-Unit Brick Apartment Building
    Six-Unit Brick Apartment Building

    17933 Torrence Avenue, Lansing, IL 60438

    Contact for pricing
    6,000 sqft 0.07 AC lot

    Three-story residential property with six off-street parking spaces and a balanced one- and two-bedroom unit mix.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    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 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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    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
    Two-Bedroom Condo with Balcony
    Two-Bedroom Condo with Balcony

    18318 Exchange Avenue #2F, Lansing, IL 60438

    $90,000

    Updated condo with central air and private outdoor space in a residential setting.

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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 80 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 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.

    Six-Unit Apartment Building
    Six-Unit Apartment Building

    1104 169th St, Hammond, IN 46324

    $695,000
    4,050 sqft

    Multifamily property with shared laundry and individual heating and cooling systems.

    View details
    Hammond Multifamily Investment Opportunity
    Hammond Multifamily Investment Opportunity

    10-12 Waltham Street, Hammond, IN 46320

    $129,900
    6,011 sqft

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

    View details
    Renovated Duplex with Finished Porch
    Renovated Duplex with Finished Porch

    893 Greenbay Avenue, Calumet City, IL 60409

    $260,000

    Brick two-unit property with updated systems, flexible basement space, and outdoor amenities including a deck and private yard.

    View details
    Multifamily Property on 0.39 Acres
    Multifamily Property on 0.39 Acres

    305 River Oaks Drive, Calumet City, IL 60409

    Contact for pricing
    0.39 AC lot

    City requirements call for conversion to a single-family home and removal of the coach house.

    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.

    Hammond Vacant Lot Opportunity
    Hammond Vacant Lot Opportunity

    1019 Cleveland Street, Hammond, IN 46320

    Contact for pricing
    0.11 AC lot

    Vacant lot in Hammond's revitalizing corridor, ideal for development.

    View details
    Hammond Vacant Lot Opportunity
    Hammond Vacant Lot Opportunity

    861 Wilcox Street, Hammond, IN 46320

    Contact for pricing
    0.11 AC lot

    Vacant lot in Hammond's resurgent corridor, ready for development.

    View details
    Schererville Land Near Nature Preserve
    Schererville Land Near Nature Preserve

    1398 Deer Creek Drive, Schererville, IN 46375

    $215,000
    2.94 AC lot

    Nearly 3-acre lot near Tiebel's Nature Preserve.

    View details
    Residential Lot in Griffith, Indiana
    Residential Lot in Griffith, Indiana

    1001 East 40th Place, Griffith, IN 46319

    $68,800
    21,036 sqft 0.48 AC lot

    Spacious residential lot for sale, build your dream home!

    View details

    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

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

    18305 Exchange Ave, Lansing, IL 60438-2963

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

    18305 Exchange Ave, Lansing, IL 60438-2963

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

    18217 Exchange Ave, Lansing, IL 60438-2944

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

    18001 Burnham Ave, Lansing, IL 60438-2336

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

    18375 Torrence Ave, Lansing, IL 60438-2880

    Estimated value:
    $285,000
    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

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

    17702 Exchange Ave, Lansing, IL 60438-4815

    Estimated value:
    $390,000
    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

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

    3609 Rdg Rd, Lansing, IL 60438-3352

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

    19229 Burnham Ave, Lansing, IL 60438-3898

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

    Lansing, IL Residential Income Properties Market Trends and Statistics

    Explore 72 residential income properties for sale in Lansing, IL, showcased through 13 active listings on our real estate platform. These investment opportunities span a total of 24,648 square feet of properties for sale, with an estimated market value of $4,939,500.

    Sale prices for residential income properties in Lansing, IL start at $90,000, averaging $548,833, 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

    Multifamily properties 12
    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 $548.8K

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Cook County

    New Delisted

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