Listing provided courtesy of eXp RealtyMREDas Distributed by MLSGrid- MLS# 12593028
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Request Info3045 BERNICE RoadLansing, IL 60438
Commercial · 16 Beds$775,000
Active
3045 BERNICE Road Overview
- Time on Site:
- 106 days
- Visits:
- 0
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.
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3045 BERNICE Road Facts & Features
- Type Commercial
Details
General
Income/Expenses
- Other Expense: 0
- Electric Expense: 552
- Fuel Expense: 2904
- Gross Income: 9478
- Gross Scheduled Income: 113736
- Insurance Expense: 3708
- Maintenance Expense: 3000
- Net Operating Income: 65045
- Operating Expense: 46424
- Trash Expense: 1584
- Water Sewer Expense: 3852
Building Information
- Year Built: 1978
Business Information
- Current Use: Multi-Family
Location/Region
- County Or Parish: Cook
- MLS Area Major: Lansing
- Township: Thornton
Rent/Lease Information
- Tenant Pays: Air Conditioning, Electricity
Tax Information
- Tax Annual Amount: $21,996.00
- Tax Year: 2024
General Information
- Parcel Number: 30304070100000
- Possible Use: Multi-Family
- Property Type: Commercial Sale
Interior
General Information
- Basement: None
- Cooling: Wall Sleeve
- Electric: Circuit Breakers, Service - 0 to 100 Amps, Power - 120V
- Stories: 3
Exterior
Lot Information
- Additional Parcels: No
- Frontage Type: City Street
- Lot Size Dimensions: 9256
- Water Source: Community Water
General Information
- Number Of Units Total: 6
- Utilities: Sewer Connected
Unit Information
Unit 1 Details
- Unit Type: Unit 1
- Beds Total: 2
- Baths Total: 1
- Units Total: 1
Unit 2 Details
- Unit Type: Unit 2
- Beds Total: 2
- Baths Total: 1
- Units Total: 1
Unit 3 Details
- Unit Type: Unit 3
- Beds Total: 3
- Baths Total: 1
- Units Total: 1
Unit 4 Details
- Unit Type: Unit 4
- Beds Total: 3
- Baths Total: 1
- Units Total: 1
Unit 5 Details
- Unit Type: Unit 5
- Beds Total: 3
- Baths Total: 1
- Units Total: 1
Unit 6 Details
- Unit Type: Unit 6
- Beds Total: 3
- Baths Total: 1
- Units Total: 1
Unit 7 Details
- Unit Type: Unit 7
- Beds Total: 0
- Units Total: 0
3045 BERNICE Road Neighborhood
Community
60438 (LANSING) Demographics
40
Median Age
3,536
Population Density (per sq. mile)
35%
College Educated
$57,143
Estimated Median Income
7,340
Estimated Total Home Owners
3,632
Estimated Total Renters
67% / 33%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.3045 BERNICE Road Monthly Cost
3045 BERNICE Road Market Data
Based on the last 30 days in this zip code
$211,890
Average List Price
$153
Average Price per Square Foot
28
Properties Sold
81
Average Days on Market
159
Properties for Sale
3045 BERNICE Road History
| Date | Value | Agent |
|---|---|---|
| 5/11/2026Source: MRED | Active |
|
| 5/6/2026Source: MRED | $775,000 -3.1% |
|
| 5/6/2026Source: MRED | Price Change |
|
| 3/20/2026Source: MRED | Active |
|
| 3/15/2026Source: MRED | March 15, 2026 |