Lansing Multifamily Homes & Duplexes for Sale

/19
$340,000
- 5 Beds
- 4 Baths
2460 Indiana Ave, Lansing, IL 60438

Charming Historic 4-Unit Property in the Heart of Lansing! This investment opportunity offers instant cash flow. Recent upgrades ensure peace of mind and increased property value, making this a standout choice for investors. Recent Improvements: 2022 New roof, furnace, AC, and electric panel. 2023 Newly installed front and back wood decks, along with a completely renovated garden unit. 2024 tuned

Nicholas Kravat Keller Williams ONEChicago

2460 Indiana Ave, Lansing, IL 60438
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/15
$340,000
- 6 Beds
- 4 Baths
2427 Thornton Lansing Rd, Lansing, IL 60438

This charming 4-unit building, just off Lansing's bustling Torrence Avenue, offers a desirable mix of 1- bedroom and 2-bedroom units in a high-demand rental market served by quality Lansing schools. With low maintenance requirements, strong upside for rent increases, and exciting value-add potential, this property is ideal for a live-in owner seeking both comfort and cash flow. Just minutes

Andrew Page Ellsbury Group LLC

2427 Thornton Lansing Rd, Lansing, IL 60438
/16
$189,900
- 5 Beds
- 3 Baths
3627 Ridge Rd, Lansing, IL 60438

Fully Occupied 2 Unit Generating Income....In the heart of Downtown Lansing, Close to public transportation, shopping, dining, and night life. This 2 unit with full basement features hard wood floors throughout, Freshly painted, Newer Windows, Basement has Full Bath, 2023 ROOF! Showings Begin 4/21/2025

Alonso Reyes Century 21 Circle

3627 Ridge Rd, Lansing, IL 60438
/25
$250,000
- 6 Beds
- 3 Baths
18241 Roy St, Lansing, IL 60438

Charming multi-unit building located on a picturesque, tree-lined street in the heart of Lansing's beautiful and quaint downtown! This rare 3-unit property offers a fantastic opportunity for both investors and owner-occupants. Each unit has its own private entrance/exit, and a 2-car detached garage adds convenience and value. The first-floor unit features 3 spacious bedrooms, 1 full bath,

Kyle R. Bowen McColly Real Estate

18241 Roy St, Lansing, IL 60438
/58
$644,900
- 5,848 Sq Ft
19061 Wentworth Ave, Lansing, IL 60438

Exceptional investment opportunity in Lansing, Illinois: a PACKAGE DEAL comprising of one single-family residence and a fully leased four-unit apartment/townhome building. The single-family home will be delivered vacant, offering flexibility for new owners, while the apartment units provide immediate rental income with established tenants in place. Located in a desirable suburban area with easy

Stefano Belmonte Ellsbury Group LLC

19061 Wentworth Ave, Lansing, IL 60438

Illinois Lansing Lansing

Why Live in Lansing

The Village of Lansing, part of the Chicago Metropolitan Area, provides a small-town atmosphere within a suburban setting. This neighborhood features several public parks and retail shopping centers, ensuring residents have access to essential amenities. Lansing's eastern border runs along the Indiana/Illinois state line, while its western edge includes the Brownell Woods nature preserve. The area is known for its traditional-style ranchers, bungalows, and Cape Cod homes, many of which have been remodeled in recent decades. Streets are often shaded by black maples and oak trees, with properties featuring paved driveways and garages, though street parking is also available. Recreational options abound with parks like Erfert Park, Rotary Park, and Lan-Oak Park, which offer amenities such as fishing ponds, sports fields, and playgrounds. The Brownell Woods nature preserve provides wooded footpaths and mountain biking trails. The Lan-Oak Park District Eisenhower Community & Fitness Center features an indoor pool and fitness center. Shopping and dining options include Lansing Square with stores like Walmart Supercenter and local eateries specializing in Chicago-style pizza. Community events at Fox Pointe and other venues foster a close-knit atmosphere. The neighborhood is fairly walkable, with bus stops along Torrence Avenue and Calumet Avenue, and commuters can reach Downtown Chicago, 27 miles away, via Interstate 94.

Learn more about living in Lansing

Home Trends in Lansing, IL

On average, homes in Lansing, IL sell after 40 days on the market compared to the national average of 48 days. The median sale price for homes in Lansing, IL over the last 12 months is $209,950, up 10% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price

$209,950

Median Single Family Sale Price

$229,900

Median Townhouse Sale Price

$213,725

Median 2 Bedroom Sale Price

$100,000

Median 1 Bedroom Sale Price

$70,500

Average Price Per Sq Ft

$150

Number of Homes for Sale

116

Last 12 months Home Sales

390

Months of Supply

3.60

Median List Price

$219,999

Median Change From 1st List Price

Median Home Sale Price YoY Change

10%

How to Buy a Home How to Finance a Home How to Sell a Home

In Lansing, there are currently 5 multi-family homes for sale, providing an appealing investment opportunity for buyers. With multi-family homes ranging from $189,900 to $644,900, there's something for every budget. As of May, 2025 the median home price in Lansing, Lansing is $219,999, while the average sale price is $210,763, providing insight into local market trends. On average, multi-family homes spend 40 days on the market before being sold. Multi-family homes encompass various property types, including duplexes, triplexes, fourplexes, and apartment complexes, all within a single building divided to accommodate multiple families living separately. These multi-family properties for sale offer investors the chance to generate rental income. Whether you're interested in a duplex for a starter investment or an apartment complex for a larger-scale venture, there are investment properties available to suit your needs. Explore the range of multi-family homes for sale in Lansing, Lansing.

Multi-Family Homes in Nearby Neighborhoods

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Multi-Family Homes in Nearby Counties

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