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    Lansing, IL Residential Income Properties for Sale

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    Six-Unit Apartment Building
    Updated: Mar 15
    Six-Unit Apartment Building

    3061 BERNICE Road, Lansing, IL 60438

    $762,000
    Rehabbed six‑unit apartment building
    Built in 1978
    Complete tear‑off new roof installed “this past year”
    Electric heaters installed to largely bypass boilers
    Boilers remain installed but are described as rarely kicking on
    View details
    Six-Unit Apartment Building
    Updated: Mar 15
    Six-Unit Apartment Building

    3045 BERNICE Road, Lansing, IL 60438

    $738,000
    Six‑unit apartment building built in 1978
    Complete tear‑off roof replacement completed within the past year
    Electric heaters installed to largely bypass boilers (boilers still installed)
    15 of 18 units renovated across this building and two other available properties (3061 and 3069 Bernice)
    Large parking lot with substantial tenant parking space
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    Six-Unit Apartment Building with New Roof
    Six-Unit Apartment Building with New Roof

    3069 BERNICE Road, Lansing, IL 60438

    $690,000

    Rehabbed six-unit apartment building with a tear-off roof replacement and electric heaters installed to reduce boiler use.

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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 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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    Multifamily Property with Off-Street Parking
    Multifamily Property with Off-Street Parking

    2121 176TH PL, Lansing, IL 60438

    Contact for pricing
    6,000 sqft 0.18 AC lot

    Three-story building offers six units with off-street parking and convenient access to major south suburban routes.

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    Multifamily Property in Lansing, Illinois
    Multifamily Property in Lansing, Illinois

    18429 Torrence Ave, Lansing, IL 60438

    Contact for pricing
    5,400 sqft

    Six-unit building with income potential in Chicagoland area.

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    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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    Rehabbed 6-Unit Apartment Building
    Rehabbed 6-Unit Apartment Building

    3045 BERNICE Road, Lansing, IL 60438

    Contact for pricing

    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 Road, Lansing, IL 60438

    Contact for pricing

    Turnkey investment opportunity with renovated units and new roof.

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    Rehabbed 6-Unit Apartment Building
    Rehabbed 6-Unit Apartment Building

    3061 BERNICE Road, Lansing, IL 60438

    Contact for pricing

    Turnkey investment opportunity with renovated units and new roof.

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    5-Unit Apartment Building
    5-Unit Apartment Building

    18408 Torrence Avenue, Lansing, IL 60438

    Contact for pricing

    Multifamily property with MULTI zoning in Lansing.

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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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    Mixed-Use Property with Office Space
    Mixed-Use Property with Office Space

    2936 Bernice Road, Lansing, IL 60438

    Contact for pricing

    COMMR-zoned building combines occupied commercial and residential areas near shopping, dining, services, and major thoroughfares.

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    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 14 Active listings in Lansing, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 58 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.

    Fully Occupied 4-Unit Quadplex
    Fully Occupied 4-Unit Quadplex

    4 Waltham Street, Hammond, IN 46320

    $349,900
    0.07 AC lot

    Well-maintained, fully occupied four-unit property in Hammond with an option to purchase within a four-property portfolio.

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    Brick Apartment Building Community
    Brick Apartment Building Community

    117-121 E. 167th St, Calumet City, IL 60409

    Contact for pricing

    Two three-story brick apartment buildings offer 30 units, including 28 two-bedroom units.

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    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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    Four-Unit Residential Income Building
    Four-Unit Residential Income Building

    38 Highland St, Hammond, IN 46320

    Contact for pricing

    Four-unit building offers three parking spots behind and includes a coin-operated basement laundry.

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    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.

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    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.

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    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

    $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

    Lansing, IL Residential Income Properties Market Trends and Statistics

    Explore 72 residential income properties for sale in Lansing, IL, showcased through 14 active listings on our real estate platform. These investment opportunities span a total of 26,360 square feet of properties for sale, with an estimated market value of $2,789,900.

    Sale prices for residential income properties in Lansing, IL start at $599,900, averaging $697,475, 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 13
    Apartment buildings 10
    Duplexes 1
    Quadplexes 1
    Single family properties 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 $605.6K

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Cook County

    New Delisted

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