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$219,900
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Property Description
Prime Mixed-Use Commercial Property in Lansing, IL - Income-Producing! This well-maintained mixed-use property in the heart of Lansing offers an excellent investment opportunity with solid rental income. The building features two large office spaces currently rented as one, as well as two 1-bedroom apartments, each with good space. With reliable tenants already in place, the property generates consistent cash flow, making it a smart addition to any investor's portfolio. The property is in good condition and provides ample potential for future updates or customization to suit your needs. Whether you're looking to continue as-is with minimal maintenance or implement value-added improvements, the versatility of this mixed-use space allows for various possibilities. Additionally, the property's ideal location is a major selling point. Situated near shopping, dining, and essential services, as well as major thoroughfares, it offers convenience and accessibility for both residential and commercial tenants. With its established income stream, strong rental history, and excellent location, this property presents a unique opportunity to invest in a great area. Don't miss out on this chance to acquire a stable, income-producing asset with long-term potential.
Full Property Details
Full Property Details for 2936 Bernice Rd
General
- Price: $219,900
- Taxes: $12,226 (2022)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12191970
- Updated: 11/9/2025
- Added to Site: 457 day(s) ago
Interior
- Interior Features: Atrium, Common Lunchroom(s), Common Meeting Room(s), Accessible Entrance, Multi-Tenant, Private Restroom(s), Storage Inside, High-Speed Communication Circuits, Pre-Wired PC Network
- Flooring: Carpet, Concrete, Tile, Varies, Vinyl
Additional Information
- Security/Safety: Fire Extinguisher(s)
Location
- Area: Lansing
- County: Cook
- Township: Thornton
- Driving Directions: From Chicago/South, Exit Torrence N. to Light, R. Bernice Road, East to Address on North Side Bernice Road
- Location Details: South Suburban, Chicago South, Commercial Business Park, Mixed-Use Area
Heating & Cooling
- Cooling Type: Exhaust Fan, Window Unit(s)
- Heating Type: Hot Water
Utilities
- Water: Municipal Water
- Trash: 3728
- Onsite: Electricity to Site, Natural Gas Available, Sewer Connected
Structural Information
- Construction: Brick, Wood, Cedar, Shake Siding, Stone
- Exterior Const.: Brick, Wood, Cedar, Shake Siding, Stone
- Foundation: Concrete Perimeter
- Roof: Membrane, Rubber, Shake
- Loading: None, Service Entrance
- Sub-Flooring: Carpet, Concrete, Tile, Varies, Vinyl
- Stories/Levels: 2
- Square Feet: 2,960
- Current Bldg. Use: Commercial, Office, Special Use, Other
- # of Stores: 2
- Year Built: 1973
- Built Before 1978: Yes
Unit Information
- # Tenants: 3
- Units w/Refrigerators: 2
- Units w/Range/Oven: 2
Lot Features
- Lot Size (Sq. Ft.): 6,250
- Lot Dimensions: 50' x 125'
- Frontage: City Street, Frontage Road, Interstate, Public Road, US Highway
- Drainage: Floor Drains, Storm Sewers
- Potential Use: Office, Multi-Family, Retail, Special Use
- Zoning: COMMR
Financial Considerations
- Lease Price: $11
- Insurance Fee: $6,107
- Operating Expenses: $26,866
- Other Fee: $125
- Security Deposit: Fire Extinguisher/s
- Assessment Year: 1973
- Tax Amount: $12,226
- Tax Year: 2022
- Tenant Pays: Electricity
- Pays Electric: 345
- Pays Trash: 3728
Disclosures and Reports
- Documents Avail.: Rent Roll, Operating Statement
- Property ID: 30302200180000
Listed by Berkshire Hathaway HomeServices Executive Realty
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Schools
Schools serving 2936 Bernice Rd
| Name | Grades | Distance |
|---|---|---|
Reavis Elementary School 17121 Roy Street, Lansing, IL 60438 | K-5 | 0.6 mi |
Lester Crawl Primary Center 18300 Greenbay Avenue, Lansing, IL 60438 | PK-1 | 1.2 mi |
Memorial Jr High School 2721 Ridge Road, Lansing, IL 60438 | 6-8 | 1.2 mi |
Thornton Fractnl So High School 18500 Burnham Avenue, Lansing, IL 60438 | 9-12 | 1.4 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 2936 Bernice Rd
Date
Details
Price
Change
Source
2/24/2025
Price Reduced
$219,900
-4.35%
MLS
10/18/2024
Listed
$229,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 2936 Bernice Rd
Year
Property Taxes
Change
Tax Assessment
Change
2023
$10,693
-13%
$22,100
17%
2022
$12,226
3%
$18,812
—
2021
$11,892
8%
$18,812
—
2020
$11,037
-4%
$18,812
-7%
2019
$11,517
2%
$20,230
—
2018
$11,304
-1%
$20,230
—
2017
$11,414
21%
$20,230
17%
2016
$9,455
8%
$17,292
—
2015
$8,785
1%
$17,292
—
2014
$8,664
9%
$17,292
-2%
2013
$7,938
8%
$17,629
—
2012
$7,379
—
$17,629
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 2936 Bernice Rd
2936 Bernice Road, Lansing, IL 60438 (MLS# 12191970) is a Commercial property. 2936 Bernice Road is currently listed for $219,900 and was received on October 18, 2024. Want to learn more about 2936 Bernice Road? Do you have questions about finding other Commercial real estate for sale in Lansing? You can browse all Lansing real estate or contact a Coldwell Banker agent to request more information.

