2936 Bernice RdLansing, IL 60438

  • Residential income homes
  • 2,960 SF
For Sale
$229,900 View listing

Property Details for 2936 Bernice Rd

Year built
1973
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Lot size
0.14 AC
Property size (Sq ft)
2,960 SF
Property type
Residential income homes
Property subtype
Small apartment buildings
APN
30-30-220-018
APU
3030220018

Description

This exceptional 2,960 square foot mixed-use property at 2936 Bernice Road, Lansing, IL, presents a compelling investment opportunity. The building boasts two sizable office spaces currently leased as a single unit, generating consistent rental income. In addition, two one-bedroom apartments provide further revenue streams with reliable tenants already in place. This established income stream offers immediate returns and a strong rental history, making it an attractive asset for investors seeking stable cash flow. The property is well-maintained and in good condition, offering flexibility for future improvements or customization. Whether you choose to maintain the current configuration or implement value-added renovations, the versatility of this space allows for various uses. Its strategic location in Lansing, IL, is a key advantage. The property enjoys proximity to shopping centers, restaurants, and essential services, ensuring high tenant demand and convenient access for both commercial and residential occupants. Major thoroughfares provide excellent accessibility, further enhancing its appeal. This mixed-use property offers a unique blend of immediate income and long-term growth potential in a desirable location. Don't miss this chance to acquire a stable, income-generating asset with significant upside. The asking price is $229,900.

Location Insight

City
Lansing
County
Cook
State
Illinois
Latitude
41.5795
Longitude
-87.5454
CBSA code
16980
CBSA name
CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$12,226
$2,187
$16,625
$18,812
-
$21,870
$166,250
$188,120

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