Commercial $ 825,000

3061 BERNICE Road

Lansing, IL 60438

  • 1978 Year Built
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 3069 Bernice). Boasting $9700 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.
Listed by Michael Scanlon of eXp Realty

PROPERTY DETAIL

  • Key Details

    Property Type Commercial

    Sub Type Multi Family 5+

    Listing Status Active

    Purchase Type For Sale

    MLS Listing ID 12593035

    Year Built 1978

    Annual Tax Amount $21,996

    Tax Year 2024

    Lot Dimensions 9256

    Property Sub-Type Multi Family 5+

  • Location

    State IL

    County Cook

  • Rooms

    Basement None

  • Building

    Water Community Water

  • Interior

    Cooling Wall Sleeve

    Fireplace N

  • Exterior

    Utilities Available Sewer Connected

    View Y/N true

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CONTACT

Michael Scanlon
Michael Scanlon

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