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$ 385,000
Est. payment /mo
New
18707 Burnham AVE Lansing, IL 60438
4,036 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 4,036 sqft
Price per Sqft $95
MLS Listing ID 12797776
Year Built 1982
Annual Tax Amount $13,022
Tax Year 2025
Lot Dimensions 112x111
Property Sub-Type Mixed Use
Property Description
FANTASTIC INVESTMENT OPPORTUNITY IN LANSING! Welcome to 18707 Burnham Avenue, a versatile mixed-use property offering both residential and commercial rental income! This property features two residential apartments upstairs and two professional office spaces on the main level, providing four income-producing units under one roof. With three established, long-term tenants, this property offers an attractive opportunity for investors looking to expand their portfolio. Adding to its investment appeal, current tenants have been made aware of potential rental adjustments under new ownership, creating an opportunity for future income growth, subject to existing lease agreements and applicable laws. Conveniently located near shopping, dining, and major roadways, this property combines an established rental history with exciting future possibilities. Whether you're a seasoned investor or just beginning to build your portfolio, this is an opportunity worth exploring! Schedule your private showing today and discover the potential!
Location
State IL
County Cook
Area Lansing
Zoning COMMR
Interior
Cooling Window Unit(s)
Fireplace N
Exterior
Roof Type Composition
Building
Dwelling Type Mixed Use
Structure Type Concrete,Brick

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Listed by Kelley Wontorski of Better Homes & Gardens Real Estate
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