NEW 1 DAY AGO

For sale

$385,000

Est. $3,198/mo

—

•

— ba

•

4,036

sq ft

18707 Burnham Ave, Lansing, IL 60438

About this home

FANTASTIC INVESTMENT OPPORTUNITY IN LANSING! Welcome to 18707 Burnham Avenue, a versatile mixed-use property offering both residential and commercial rental income! This property features two residential apartments upstairs and two professional office spaces on the main level, providing four income-producing units under one roof. With three established, long-term tenants, this property offers an attractive opportunity for investors looking to expand their portfolio. Adding to its investment appeal, current tenants have been made aware of potential rental adjustments under new ownership, creating an opportunity for future income growth, subject to existing lease agreements and applicable laws. Conveniently located near shopping, dining, and major roadways, this property combines an established rental history with exciting future possibilities. Whether you're a seasoned investor or just beginning to build your portfolio, this is an opportunity worth exploring! Schedule your private showing today and discover the potential!

1982Year Built

0.29 acresLot Size

$95Price/Sq.Ft.

Listed by Kelley Wontorski • Better Homes & Gardens Real Estate

Listing updated: Oct 31, 2026 at 03:07am

Redfin checked: 2 minutes ago

•Source:MRED as Distributed by MLS Grid #12797776

Payment calculator

$3,198 per month

Principal and interest$2,101

Property taxes

$963

HOA dues

Home insurance

$135

Utilities

Add

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Open houses

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Nearby open houses (10)

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0.34 acre lot • 2 garage spots • Built 1916

Around this home

Schools

K - 12
Preschool & daycare

Nathan Hale Elementary School

Public PreK-4 • Assigned • 0.4mi

3/10

Heritage Middle School

Public 5-8 • Assigned • 0.7mi

5/10

Thornton Fractional South High School

Public 9-12 • Assigned • 0.2mi

7/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Property details

Interior
Exterior
Finance

Heating & cooling
Electric heat
Window-unit cooling

Sale and tax history for 18707 Burnham Ave

Sale History
Tax History

Year

Property tax

Land + Additions

Assessment*

2023

$13,022 (+3.2%)

$2,500 + $28,025

$30,525

2022

$12,622 (+3.7%)

$4,687 + $16,813

$21,500

2021

$12,167 (+9.4%)

$4,687 + $16,813

$21,500

2020

$11,122 (−9.4%)

$4,687 + $16,313

$21,000

2019

$12,281 (+2.8%)

$4,375 + $19,379

$23,754

2018

$11,945 (+2.1%)

$4,375 + $19,379

$23,754

2017

$11,694 (+16.7%)

$4,375 + $19,379

$23,754

2016

$10,019 (+19.5%)

$4,062 + $16,840

$20,902

2015

$8,384 (−26.1%)

$4,062 + $13,987

$18,049

2014

$11,342 (−10.1%)

$4,062 + $20,934

$24,996

2013

$12,616 (+2.8%)

$4,062 + $26,584

$30,646

2012

$12,268 (−18.1%)

$4,062 + $26,584

$30,646

2011

$14,979 (+3.6%)

$4,062 + $36,154

$40,216

2010

$14,464 (+1.9%)

$4,062 + $40,491

$44,553

2009

$14,201 (+14.2%)

$4,062 + $40,491

$44,553

2008

$12,438 (+7.1%)

$6,500 + $40,398

$46,898

2007

$11,617

$6,000 + $37,548

$43,548

Public record

Public record
Zoning

Beds

Baths

Stories

Lot width

—

Lot depth

—

Lot size

0.29 Acres

Year renovated

—

Finished Sq. Ft.

4,036

Unfinished Sq. Ft.

—

Total Sq. Ft.

4,036

Year built

1982

Style

Multi-Family (2-4 Unit)

County

Cook County

APN

33051000660000

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Sep 15, 2026.

Community Retail And Service District

The purpose of the B2 community retail and service district is to maintain and promote a mix of commercial uses that provide goods and services for the village as a whole, and for the convenience of residents of the surrounding neighborhoods.

Permitted uses

Include but are not limited to:

Bank
General retail
Restaurant
Tavern / bar / nightclub / micro-Brewery
Housing-Group
Housing-Senior
Warehouse
Office
Medical office
Research & development

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

3/10 Fire Factor

0.31% chance of being in a wildfire in next 30 years

3/10 Heat Factor

7 days above 102° expected this year, 15 days in 30 years

2/10 Wind Factor

0% chance of strong winds in next 30 years

4/10 Air Factor

5 unhealthy days expected this year, 6 days in 30 years

Provided by First Street

Historical weather

Lansing, IL • 60438

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

98/ 100

Exceptional sunlight

Sunscore

This home ranks in the top 1% for direct sun exposure in Lansing. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.

10.6 hrs

6.5 hrs

JuneDecember

Provided by Shadowmap

Redfin Estimate for 18707 Burnham Ave

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New listings for sale in 60438

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$385,000

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18707 Burnham Ave, Lansing, IL 60438

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Details provided by MRED as Distributed by MLS Grid and may not match the public record. Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Payment calculator

Affordability tools

See this home in person

Nearby open houses (10)

Around this home

Schools

Lifestyle

Property details

Sale and tax history for 18707 Burnham Ave

Public record

Climate risks

Historical weather

Sun exposure

Redfin Estimate for 18707 Burnham Ave

Early Access listings

Nearby similar homes

New listings for sale in 60438

More real estate resources