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$825,000 Just Listed
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Property Description
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.
Full Property Details
Full Property Details for 3061 Bernice Rd
General
- Price: $825,000
- HOA FEE: $3,000
- Taxes: $21,996 (2024)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12593035
- Updated: 3/15/2026
- Added to Site: 2 day(s) ago
Interior
- Basement: None
- Interior Features: Storage Inside
Additional Information
- Security/Safety: Fire Extinguisher(s)
Location
- Area: Lansing
- County: Cook
- Township: Thornton
- Driving Directions: I-95/80 (KINGERY EXPRESSWAY) AND TORRENCE AVE TO BERNICE ROAD EAST TO ADDRESS.
Heating & Cooling
- Cooling Type: Wall Sleeve
- Heating Type: Central Building Heat, Electric, Gas
Utilities
- Water: Community Water
- Trash: 1584
- Onsite: Sewer Connected
Structural Information
- Basement Desc.: None
- Stories/Levels: 3
- Current Bldg. Use: Multi-Family
- Year Built: 1978
Lot Features
- Lot Dimensions: 9256
- Frontage: City Street
- Potential Use: Multi-Family
Financial Considerations
- Maint. Fee: $3,000
- Insurance Fee: $3,708
- Operating Expenses: $44,293
- Security Deposit: Fire Extinguisher/s
- Assessment Year: 1978
- Tax Amount: $21,996
- Tax Year: 2024
- Tenant Pays: Air Conditioning, Electricity
- Pays Electric: 684
- Pays Trash: 1584
Disclosures and Reports
- Property ID: 30304070120000
Listed by eXp Realty
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Schools
Schools serving 3061 Bernice Rd
| Name | Grades | Distance |
|---|---|---|
Reavis Elementary School 17121 Roy Street, Lansing, IL 60438 | K-5 | 0.5 mi |
Lester Crawl Primary Center 18300 Greenbay Avenue, Lansing, IL 60438 | PK-1 | 1.1 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 ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 3061 Bernice Rd
Date
Details
Price
Change
Source
3/15/2026
Listed
$825,000
-52.86%
MLS
12/23/2024
Sold
$1,750,000
—
Public Record
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 3061 Bernice Rd
Year
Property Taxes
Change
Tax Assessment
Change
2023
$19,353
-12%
$39,999
18%
2022
$22,029
3%
$33,895
—
2021
$21,427
8%
$33,895
—
2020
$19,886
10%
$33,895
7%
2019
$18,021
2%
$31,653
—
2018
$17,687
-1%
$31,653
—
2017
$17,859
28%
$31,653
24%
2016
$13,922
8%
$25,462
—
2015
$12,936
-5%
$25,462
-6%
2014
$13,641
10%
$27,225
-1%
2013
$12,401
8%
$27,542
—
2012
$11,528
—
$27,542
—
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 3061 Bernice Rd
3061 Bernice Road, Lansing, IL 60438 (MLS# 12593035) is a Commercial property. 3061 Bernice Road is currently listed for $825,000 and was received on March 15, 2026. Want to learn more about 3061 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.

