$738,000
( )
$3,962 est/mo Sourced by Back At You3045 Bernice Road,Lansing, IL 60438
Lansing, IL 60438
Description
Tremendous rehabbed 6 unit in an awesome apartment community! The current owners have fully renovated 15 of 18 units across this building and two others also available for sale individually or as a package (3061 and 3069 Bernice). Boasting almost $9500 of rental income and a complete tear off new roof this past year along with renovated units to modern standards, this is an unbeatable turnkey investment. Ownership has also installed electric heaters in the units to largely bypass the boilers (still installed but rarely kick on now) to much reduce the expenses. This complex also has a large parking lot with tons of spaces for tenants. This is an investor's dream given the 9%+ cash on cash at asking and turnkey condition.
Details
| MLS # | 12593028 |
|---|---|
| Listing Type | For Sale |
| Style | Multi Family 5+ |
| Sub-Type | Resale |
| Status | Active |
| Year | 1978 |
| Days On Site | 193 |
| Listing Provided By | eXp Realty | Michael Scanlon |
Features
| Story(s) | 3 |
|---|---|
| Units | 6 |
| Acreage | 9256.00 |
Interior
| Cooling | Wall Sleeve |
|---|
Utilities
| Utilities | Sewer Connected |
|---|---|
| Electric | Circuit Breakers, Service - 0 to 100 Amps, Power - 120V |
Taxes
| Tax Year | 2024 |
|---|---|
| Tax Annual Amount | 21996 |
Area Information
| State | IL |
|---|---|
| County | Cook |
| City | Lansing |
| Zip Code | 60438 |
| Area | Lansing |
| Listing VS Median (in 60438) | |
Price: $738,000 low | high Med: $219,944 On site: 193 low | high Med: 17.5 | |
Market Activity 60438
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Learn More About This Property
| State | IL |
|---|---|
| County | Cook |
| City | Lansing |
| Zip Code | 60438 |
| Area | Lansing |
| Listing VS Median (in 60438) | |
Price: $738,000 low | high Med: $219,944 On site: 193 low | high Med: 17.5 | |
Nearby Listings (Within 1/10 mile)
Price: $553K - $922K
sqft: 0 - 0
Listing Updated: September 15, 2026 at 7:55:54 PM PDT