2427 Thornton Lansing Road, Lansing, IL 60438 - Photo 1

1/1

$305,000

Sold
Closed
Multi-Family
6 Total Beds
2 Car Garage

1/1

Property Description

This charming 4-unit building, just off Lansing's bustling Torrence Avenue, offers a desirable mix of 1- bedroom and 2-bedroom units in a high-demand rental market served by quality Lansing schools. With low maintenance requirements, strong upside for rent increases, and exciting value-add potential, this property is ideal for a live-in owner seeking both comfort and cash flow. Just minutes from Chicago and Lake Michigan, it's the perfect place to call home - and earn passive income while you do.

Full Property Details

Full Property Details for 2427 Thornton Lansing Rd

General

Sold For: $305,000
Taxes: $12,580 (2023)
Status: Closed
Type: Multi-Family
Source: MRED
MLS ID: 12427778
Added to Site: 212 day(s) ago

Rooms

Bathrooms

Total Bathrooms: 4

Bedrooms

Total Bedrooms: 6

Parking

Garage: Yes
Garage Spaces: 2
Total Spaces: 2
Parking Features: On Site, Garage Owned, Detached, Garage
Parking On-Site: Yes

Location

Area: Lansing
County: Cook
Driving Directions: Take I-80 Exit Ramp going south for Torrence Ave Continue Straight for 0.4 miles Turn left on 178th Turn Right on Arcadia Ave Turn right into parking lot.

School Information

School District: 158
Midd School District: 158

Heating & Cooling

Heating Type: Natural Gas

Utilities

Water: Public

Structural Information

Construction: Vinyl Siding
Exterior Const.: Vinyl Siding
Basement Desc.: Partially Finished, Full
Roof: Asphalt
Year Built: 1928
Built Before 1978: Yes
Remodeled/Updated: 2023

Unit Information

Units in Building: 4

Lot Features

Lot Size Range: .25 to .49 Acre
Lot Dimensions: 13350 SQ

Financial Considerations

Assessment Year: 1928
Tax Amount: $12,580
Tax Year: 2023

Disclosures and Reports

Ownership: Fee Simple
Special Conditions: List Broker Must Accompany
Property ID: 30311110030000

Listed by Ellsbury Group LLC
Sold by EXIT Strategy Realty

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Listing agent

— 2427 Thornton Lansing Rd —

Ellsbury Group LLC

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Schools

Schools serving 2427 Thornton Lansing Rd

School Districts:Lansing School District 158, Thornton Fractional Township High School District 215

Name	Grades	Distance
Oak Glen Elementary School 2101 182nd Street, Lansing, IL 60438	K-5	0.5 mi
Lester Crawl Primary Center 18300 Greenbay Avenue, Lansing, IL 60438	PK-1	0.9 mi
Memorial Jr High School 2721 Ridge Road, Lansing, IL 60438	6-8	0.5 mi
Thornton Fractnl So High School 18500 Burnham Avenue, Lansing, IL 60438	9-12	1 mi

Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 2427 Thornton Lansing Rd

Date

Details

Price

Change

Source

9/12/2025

Sold

$305,000

-3.17%

MLS

7/23/2025

Listed

$315,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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2427 Thornton Lansing Road, Lansing, IL 60438 (MLS# 12427778) is a Multi-Family property that was sold at $305,000 on September 12, 2025. Want to learn more about 2427 Thornton Lansing Road? Do you have questions about finding other Multi-Family real estate for sale in Lansing? You can browse all Lansing real estate or contact a Coldwell Banker agent to request more information.

2427 Thornton Lansing Rd Lansing, IL 60438