SQUARE FEET4,036
MLS#12797776
STATUSNew
PROPERTY TYPECommercial - Business
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!
Property Features
Property Type: Commercial - Business
Cooling: Window Unit(s)
Lot Size: 0.29 Acres
Roof Type: Composition
Stories: 2.0
Taxes: $13,022
Year Built: 1982
Feature Descriptions
Electric: Service - 0 to 100 Amps
Exterior: Concrete, Brick
Fire Protection: Fire Extinguisher/s, Smoke or Fire Protectors, Carbon Monoxide Detector(s)
Foundation: Concrete Perimeter
HVAC: Electric
Lot Dimensions: 112x111
Number of Tenant(s): 3
Parcel#: 33051000660000
Tenant Pays: Electricity
Units: 4
Listed By / Shown By
Listed By
Agency Name: Better Homes & Gardens Real Estate
Agency Phone: 708-859-0909
Shown By
Agent Name: Lyle McKinney
Agent Phone: (815) 543-2008
Agency Title: Gambino Realtors
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18707 Burnham Avenue | MLS# 12797776
This commercial property located at 18707 Burnham Avenue , Lansing, IL 60438 is currently listed for sale with an asking price of $385,000. Search Lansing real estate on lmckinney.gogambino.com today.