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Listing provided courtesy of Berkshire Hathaway HomeServices Executive RealtyMREDas Distributed by MLSGrid- MLS# 12191970MLS Provider

2936 Bernice RoadLansing, IL 60438

Commercial · 2,960 Sq. ft.
$219,500 Active

2936 Bernice Road Overview

Time on Site:
619 days
Visits:
6

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.

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2936 Bernice Road Facts & Features

  • Type Commercial
  • Sq. ft. 2,960
  • Price/Sq.ft. $74

Details

General

Income/Expenses

  • Other Expense: 125
  • Electric Expense: 345
  • Existing Lease Type: Net
  • Fuel Expense: 2230
  • Gross Income: 32400
  • Gross Scheduled Income: 32400
  • Insurance Expense: 6107
  • Net Operating Income: 5534
  • Operating Expense: 26866
  • Trash Expense: 3728
  • Water Sewer Expense: 2105

Building Information

  • Year Built: 1973

Business Information

  • Current Use: Commercial,Office,Special Use,Other

Location/Region

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

Rent/Lease Information

  • Tenant Pays: Electricity

Tax Information

  • Tax Annual Amount: $12,226.00
  • Tax Year: 2022

General Information

  • Parcel Number: 30302200180000
  • Possible Use: Office,Multi-Family,Retail,Special Use
  • Property Type: Commercial Sale
  • Zoning: COMMR

Interior

Building Information

  • Office SqFt.: 1100

Building Interior

  • Building Area Total: 2960

General Information

  • Cooling: Exhaust Fan, Window Unit(s)
  • Electric: Circuit Breakers, Service - 101 to 200 Amps
  • Flooring: Carpet, Concrete, Tile, Varies, Vinyl
  • Foundation Details: Concrete Perimeter
  • Stories: 2

Exterior

Lot Information

  • Additional Parcels: No
  • Frontage Type: City Street,Frontage Road,Interstate,Public Road,US Highway
  • Lot Size Dimensions: 50' X 125'
  • Lot Size Square Feet: 6250
  • Water Source: Municipal Water

Building Exterior/Construction

  • Construction Materials: Brick, Wood, Cedar, Shake Siding, Stone
  • Roof: Membrane, Rubber, Shake

General Information

  • Number Of Units Total: 4
  • Utilities: Electric to Site,Natural Gas Available,Sewer Connected

2936 Bernice Road 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.

2936 Bernice Road Monthly Cost

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$ %
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$
$
Jim Luxem Jr
* 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.

2936 Bernice Road 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

2936 Bernice Road History

Date Event Value Agent
5/11/2026Source: MRED Status Change
Active
5/6/2026Source: MRED Price Reduction
$219,500 -0.2%
5/6/2026Source: MRED Status Change
Price Change
11/8/2025Source: MRED Status Change
Active
11/3/2025Source: MRED Status Change
Re-activated
9/11/2025Source: MRED Status Change
Contingent
8/10/2025Source: MRED Status Change
Active
8/5/2025Source: MRED Status Change
Re-activated
5/15/2025Source: MRED Status Change
Contingent
3/1/2025Source: MRED Status Change
Active
2/24/2025Source: MRED Price Reduction
$219,900 -4.3%
2/24/2025Source: MRED Status Change
Price Change
10/23/2024Source: MRED Status Change
Active
10/18/2024Source: MRED Added to Database
October 18, 2024