18707 Burnham Avenue Lansing, IL $ 390,000
18707 Burnham Avenue
$ 390,000
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18707 Burnham Avenue

Lansing, IL, 60438
$ 390,000
Bedrooms-- Baths-- Sq 4,036

Monthly Estimate*

$ 2,433

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Commercial Property for sale in Lansing, IL

for $390,000. This 4,036 square foot building was built in 1982 on a lot size of 0.286961.

Solid brick building with ample parking. Two apartments are 2 bed 1 bath currently month to month by long time renters. Owner will be vacating 1 of the two offices and the second office has a 1 year lease tenant. Great opportunity as an investment property.

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Commercial Active

Price

$ 390,000

Property Type

Commercial

Taxes

$ 13,021

Style

Lot Size

0.286961

Year Built

1982

Town/City

Lansing

County/Region

Cook

MLS | Web ID

12496180

Features
General
Cooling Window Unit(s)
Roof Composition
Year Built 1982
Electric Circuit Breakers Service - 0 to 100 Amps
Stories Count 2
Property Subtype Mixed Use
Tax Year 2023
Gross Income 53100
County Cook
Net Operating Income 28043
Operating Expense 19747
Insurance Expense 4202
Property Type Commercial Sale Mixed Use
Status Active
Directions From I80/94 Exit Torrence heading South to Ridge. Take Ridge East to Burnham Go South on Burnham approximately 1 mile Property on East side of street before rail road tracks.
City Lansing
Number Of Units Total 4
MLS Area Lansing
Lot Size Square Feet 12500
Tax Annual Amount 13021.88
Electric Expense 343
Fuel Expense 0
Trash Expense 908
Water Sewer Expense 622
Additional Parcels Y/N N
Standard Status Active
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Exterior
Foundation Details Concrete Perimeter
Building Area Total 4036
Lot Dimensions 12500 sq ft
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* Excluded Features
List By
@Properties Commercial

Broker

gdaggett@atproperties.com

Email

Affordability Calculator

$3,518
Per Month
69%
31%
0%
Monthly Principal & Interest
$2,433
Monthly Property Taxes
$1,085
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/7/2025$390,000 -8.24% Price Down
10/18/2025$425,000 Listed Price

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18707 Burnham Avenue, Lansing, IL, 60438 is a Commercial Property for sale at $390,000 with 4,036 sqft and a lot size of 0.286961. 18707 Burnham Avenue was built in 1982. The property's zip code is 60438 which is in Lansing, IL