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Listing provided courtesy of @properties CommercialMREDas Distributed by MLSGrid- MLS# 12496180MLS Provider

18707 Burnham AvenueLansing, IL 60438

Commercial · 4,036 Sq. ft.
$390,000 Active

18707 Burnham Avenue Overview

Time on Site:
254 days
Visits:
0

Solid brick building with ample parking. Two apartments are 2 bed 1 bath currently month to month by long time renters. Owner will be vacating 1 of the two offices and the second office has a 1 year lease tenant. Great opportunity as an investment property.

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18707 Burnham Avenue Facts & Features

  • Type Commercial
  • Sq. ft. 4,036
  • Price/Sq.ft. $97

Details

General

Income/Expenses

  • Other Expense: 1000
  • Electric Expense: 343
  • Fuel Expense: 0
  • Gross Income: 53100
  • Gross Scheduled Income: 4425
  • Insurance Expense: 4202
  • Net Operating Income: 28043
  • Operating Expense: 19747
  • Trash Expense: 908
  • Water Sewer Expense: 622

Building Information

  • Year Built: 1982

Location/Region

  • County Or Parish: Cook
  • MLS Area Major: Lansing

Tax Information

  • Tax Annual Amount: $13,021.88
  • Tax Year: 2023

General Information

  • Parcel Number: 33051000660000
  • Property Sub Type: Mixed Use
  • Property Type: Commercial Sale

Interior

Building Interior

  • Building Area Total: 4036

General Information

  • Cooling: Window Unit(s)
  • Electric: Circuit Breakers, Service - 0 to 100 Amps
  • Foundation Details: Concrete Perimeter
  • Stories: 2

Exterior

Lot Information

  • Additional Parcels: No
  • Lot Size Dimensions: 12500 sq ft
  • Lot Size Square Feet: 12500

Building Exterior/Construction

  • Roof: Composition

General Information

  • Number Of Units Total: 4

18707 Burnham Avenue Neighborhood

Community

60438 (Lansing) Demographics

40
Median Age
3,536
Population Density (per sq. mile)
35%
College Educated
$57,143
Estimated Median Income
7,340
Estimated Total Home Owners
3,632
Estimated Total Renters
67% / 33%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

18707 Burnham Avenue Monthly Cost

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$ %
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$
$
Randall Fowlkes
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

18707 Burnham Avenue Market Data

Based on the last 30 days in this zip code

$211,890
Average List Price
$153
Average Price per Square Foot
28
Properties Sold
81
Average Days on Market
159
Properties for Sale
Calculations provided by Reliance Network

18707 Burnham Avenue History

Date Event Value Agent
4/27/2026Source: MRED Status Change
Active
4/22/2026Source: MRED Status Change
Re-activated
11/12/2025Source: MRED Status Change
Active
11/7/2025Source: MRED Price Reduction
$390,000 -8.2%
11/7/2025Source: MRED Status Change
Price Change
10/23/2025Source: MRED Status Change
Active
10/18/2025Source: MRED Added to Database
October 18, 2025