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 (3045 and 3061 Bernice). Boasting $9109 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 #
12593038
Listing Type
For Sale
Style
Multi Family 5+
Sub-Type
Resale
Status
Active
Year
1978
Days On Site
231
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: $690,000
low | high
Med: $219,900
100% of Average
On site: 231
low | high
Med: 30
100% of Average
Sourced by Back At You
Market Activity 60438
Date
Sales
Avg $ Per SqFt
Min Sale Price
Max Sale Price
Med Sale Price
Date: Sep 2026
Sales: 8
Avg $ Per SqFt: $150.91
Min Sale Price: $85,500
Max Sale Price: $289,000
Med Sale Price: $255,950
Date: Aug 2026
Sales: 8
Avg $ Per SqFt: $174
Min Sale Price: $145,000
Max Sale Price: $271,000
Med Sale Price: $182,000
Date: Jul 2026
Sales: 22
Avg $ Per SqFt: $159.42
Min Sale Price: $65,000
Max Sale Price: $415,000
Med Sale Price: $187,500
Date: Jun 2026
Sales: 23
Avg $ Per SqFt: $146.91
Min Sale Price: $70,000
Max Sale Price: $402,000
Med Sale Price: $190,000
Date: May 2026
Sales: 39
Avg $ Per SqFt: $175.25
Min Sale Price: $107,000
Max Sale Price: $425,000
Med Sale Price: $226,000
Date: Apr 2026
Sales: 30
Avg $ Per SqFt: $159.84
Min Sale Price: $60,000
Max Sale Price: $425,000
Med Sale Price: $234,900
Date: Mar 2026
Sales: 29
Avg $ Per SqFt: $139.31
Min Sale Price: $65,000
Max Sale Price: $375,000
Med Sale Price: $199,900
Date: Feb 2026
Sales: 17
Avg $ Per SqFt: $148.39
Min Sale Price: $82,000
Max Sale Price: $375,000
Med Sale Price: $180,000
Date: Jan 2026
Sales: 25
Avg $ Per SqFt: $136.36
Min Sale Price: $26,700
Max Sale Price: $299,000
Med Sale Price: $185,000
Date: Dec 2025
Sales: 14
Avg $ Per SqFt: $122.42
Min Sale Price: $47,500
Max Sale Price: $297,150
Med Sale Price: $177,500
Date: Nov 2025
Sales: 19
Avg $ Per SqFt: $141.01
Min Sale Price: $100,000
Max Sale Price: $365,000
Med Sale Price: $180,000
Sourced by Back At You
Sep 2026
Sales:
8
Avg $ Per SqFt:
$150.91
Min Sale Price:
$85,500
Max Sale Price:
$289,000
Med Sale Price:
$255,950
Aug 2026
Sales:
8
Avg $ Per SqFt:
$174
Min Sale Price:
$145,000
Max Sale Price:
$271,000
Med Sale Price:
$182,000
Jul 2026
Sales:
22
Avg $ Per SqFt:
$159.42
Min Sale Price:
$65,000
Max Sale Price:
$415,000
Med Sale Price:
$187,500
Jun 2026
Sales:
23
Avg $ Per SqFt:
$146.91
Min Sale Price:
$70,000
Max Sale Price:
$402,000
Med Sale Price:
$190,000
May 2026
Sales:
39
Avg $ Per SqFt:
$175.25
Min Sale Price:
$107,000
Max Sale Price:
$425,000
Med Sale Price:
$226,000
Apr 2026
Sales:
30
Avg $ Per SqFt:
$159.84
Min Sale Price:
$60,000
Max Sale Price:
$425,000
Med Sale Price:
$234,900
Mar 2026
Sales:
29
Avg $ Per SqFt:
$139.31
Min Sale Price:
$65,000
Max Sale Price:
$375,000
Med Sale Price:
$199,900
Feb 2026
Sales:
17
Avg $ Per SqFt:
$148.39
Min Sale Price:
$82,000
Max Sale Price:
$375,000
Med Sale Price:
$180,000
Jan 2026
Sales:
25
Avg $ Per SqFt:
$136.36
Min Sale Price:
$26,700
Max Sale Price:
$299,000
Med Sale Price:
$185,000
Dec 2025
Sales:
14
Avg $ Per SqFt:
$122.42
Min Sale Price:
$47,500
Max Sale Price:
$297,150
Med Sale Price:
$177,500
Nov 2025
Sales:
19
Avg $ Per SqFt:
$141.01
Min Sale Price:
$100,000
Max Sale Price:
$365,000
Med Sale Price:
$180,000
MLS Number: 12593038
Michael Scanlon – (773) 630-9205 – michael.scanlon@exprealty.com
eXp Realty – (888) 574-9405
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The information is being provided by MRED. Information deemed accurate but not guaranteed. Information is provided for consumers personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2026 MRED. All Rights Reserved.
MLS Number: 12593038
Michael Scanlon – (773) 630-9205 – michael.scanlon@exprealty.com
