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    Lansing, IL Residential Income Properties for Sale

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    Munster, IN Lynwood, IL Calumet City, IL
    12 properties
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    Rehabbed 6-Unit Apartment Building
    Updated: Mar 15
    Rehabbed 6-Unit Apartment Building

    3069 BERNICE Road, Lansing, IL 60438

    $725,000
    6‑unit apartment building built in 1978
    Owners report fully renovated 15 of 18 units across this building and two additional buildings also available for sale (3045 and 3061 Bernice)
    Past year: complete tear‑off new roof
    Reported $9,109 rental income
    Electric heaters installed in units to largely bypass boilers (boilers still installed but rarely kick on)
    View details
    Rehabbed Multi-Family Investment Opportunity
    Updated: Mar 15
    Rehabbed Multi-Family Investment Opportunity

    3045 BERNICE Road, Lansing, IL 60438

    $775,000
    6‑unit apartment building built in 1978.
    Almost $9,500 in rental income reported.
    Complete tear‑off new roof installed within the past year.
    Ownership renovated 15 of 18 units across the building and two additional properties (also available: 3061 and 3069 Bernice).
    Electric heaters installed in units to largely bypass boilers (boilers still installed but rarely kick on per remarks).
    View details
    Rehabbed 6-Unit Apartment Building
    Rehabbed 6-Unit Apartment Building

    3061 BERNICE Road, Lansing, IL 60438

    $800,000

    Turnkey investment opportunity with renovated units and new roof.

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    Lansing Multifamily Investment Opportunity
    Lansing Multifamily Investment Opportunity

    18422 Torrence Avenue, Lansing, IL 60438

    $1,280,000
    12,000 sqft · 0.40 AC lot

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

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

    2121 176TH PL, Lansing, IL 60438

    $695,000
    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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    Lansing Investment Property Package
    Lansing Investment Property Package

    19061 Wentworth Avenue, Lansing, IL 60438

    $599,900

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

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

    3045 BERNICE Road, Lansing, IL 60438

    $800,000

    Turnkey investment property with renovated units and high rental income.

    View details
    Rehabbed Six-Unit Apartment Building
    Rehabbed Six-Unit Apartment Building

    3069 BERNICE Road, Lansing, IL 60438

    $750,000

    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

    $825,000

    Turnkey investment opportunity with renovated units and new roof.

    View details
    Multifamily Property in Lansing, Illinois
    Multifamily Property in Lansing, Illinois

    18429 Torrence Ave, Lansing, IL 60438

    $550,000
    5,400 sqft

    Six-unit building with income potential in Chicagoland area.

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    Remodeled Lansing Commercial Property
    Remodeled Lansing Commercial Property

    3323 Ridge Road, Lansing, IL 60438

    $725,000
    0.18 AC lot

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

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    Income-Producing Mixed-Use Lansing Property
    Income-Producing Mixed-Use Lansing Property

    2936 Bernice Road, Lansing, IL 60438

    $219,500
    2,960 sqft

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

    View details
    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 12 Active listings in Lansing, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 60 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.

    Renovated Duplex with 10-Foot Ceilings
    Renovated Duplex with 10-Foot Ceilings

    893 Greenbay Avenue, Calumet City, IL 60409

    $260,000

    Remodeled duplex with two 2BR/1BA units, an enclosed finished rear porch, and leases expiring soon, ready for owner-occupancy or investment.

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    Updated Duplex Two-Unit Investment
    Updated Duplex Two-Unit Investment

    10 Lawndale Street, Hammond, IN 46324

    $269,900
    0.15 AC lot

    Fully updated two-unit duplex with modern interiors and functional layouts suited for long-term renters or owner-occupancy.

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    Updated Two-Unit Duplex
    Updated Two-Unit Duplex

    10 Lawndale Street, Hammond, IN 46324

    $269,900

    Turnkey two-unit duplex with modern updates and separate layouts, offering strong rental appeal for long-term tenants.

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    Two-Unit Duplex with Coach House
    Two-Unit Duplex with Coach House

    305 River Oaks Drive, Calumet City, IL 60409

    Contact for pricing
    0.39 AC lot

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

    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.

    Vacant Lot in Calumet City
    Vacant Lot in Calumet City

    531 156th Street, Calumet City, IL 60409

    Contact for pricing

    Priced vacant lot with excellent potential in Calumet City.

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    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
    Hammond, IN Vacant Land
    Hammond, IN Vacant Land

    4304 Dearborn Avenue, Hammond, IN 46327

    Contact for pricing
    0.19 AC lot

    Vacant corner double lot suitable for single-family or duplex.

    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

    Value Estimation by Request
    1,972 sqft · 0.18 AC lot
    View details
    18375 Torrence Ave
    APARTMENT HOUSE (UNDER 5 UNITS)

    18375 Torrence Ave, Lansing, IL 60438-2880

    Value Estimation by Request
    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

    Value Estimation by Request
    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

    Value Estimation by Request
    1,530 sqft · 0.10 AC lot
    View details
    19229 Burnham Ave
    APARTMENT HOUSE (UNDER 5 UNITS)

    19229 Burnham Ave, Lansing, IL 60438-3898

    Value Estimation by Request
    1,795 sqft · 2.45 AC lot
    View details
    3538 Rdg Rd
    APARTMENT HOUSE (UNDER 5 UNITS)

    3538 Rdg Rd, Lansing, IL 60438-3315

    Value Estimation by Request
    2,270 sqft · 0.21 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 12 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 $2,744,500.

    Sale prices for residential income properties in Lansing, IL start at $219,500, averaging $686,125, 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.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Multifamily properties 12
    Apartment buildings 11
    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 $728.7K

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Cook County

    New Delisted

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