$316,000
SOLD SEP 12, 2025

18233 Burnham Ave Lansing, IL 60438

7 Beds
5 Baths
-- Sq Ft
1962 Built

Recently Sold

10 Days on Market

About This Home

As of September 2025

Unique Multi-Unit Investment Opportunity! This well-maintained building features three spacious apartments, offering incredible versatility for investors or owner-occupants. The two main units each include 6 rooms, featuring 3 bedrooms and 1.5 baths, ideal for comfortable family living. The basement unit includes 1 bedroom, a full kitchen, living room, and two oversized bonus rooms-previously used as a beauty salon, offering endless possibilities for additional living space, a home business, or creative use. Additional highlights include a 3-car garage with private driveway. Each unit has separate utilities, including individual heating and air conditioning systems-a major plus for tenants and owners alike. The basement also features a utility room with laundry hook-ups already in place. Whether you're looking to expand your investment portfolio or live in one unit while renting the others to cover your mortgage, this property offers excellent potential and flexibility. Don't miss out on this unique opportunity-schedule your showing today! Sold As Is with tenant rights

Last Agent to Sell the Property

Oscar Arteaga

Keller Williams Infinity License #471021763 Listed on: 07/23/2025

Keller Williams Infinity

Last Buyer's Agent

Robert Gray

Real People Realty License #475197573

Real People Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,426

Year Built

  • Built in 1962 | Remodeled in 2017

Lot Details

  • Lot Dimensions are 50 x 146
  • Additional Parcels

Parking

  • 3 Car Detached Garage

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Potential Bedrooms
  • 5 Bathrooms

Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,426

Year Built

Built in 1962 | Remodeled in 2017

Lot Details

0 Sq Ft Lot

Parking

3

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple w/ HO Assn.
  • New Construction: No
  • Year Built: 1962
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2017
  • Actual Status: Closed
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2017

Interior Features

  • Basement: Finished, Full, Walk-Out Access
  • Total Bathrooms: 5
  • Total Bedrooms: 7
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove
  • MRD_AppliancesAndFeatures: None
  • MRD_AppliancesAndFeatures: Refrigerator

Exterior Features

  • Construction Materials: Brick
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 3
  • Parking Features: On Site, Garage Owned, Detached, Garage
  • ParkingTotal: 3

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Electric, Forced Air
  • Water Source: Public

Lot Info

  • Additional Parcels: Yes
  • Lot Dimensions: 50 X 146
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Tax Info

  • Tax Annual Amount: 12426
  • Tax Year: 2023
  • Tax Exemptions: None

Multi Family

  • Units in Building: 3
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 3 Flat
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/12/2025 09/12/25 Sold $316,000 +0.3% --
08/02/2025 08/02/25 Pending -- -- --
07/23/2025 07/23/25 For Sale $315,000 -- --
Source: Midwest Real Estate Data (MRED)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $6,213 $14,500 $2,021 $12,479
2024 $6,213 $14,500 $2,021 $12,479
2023 $3,077 $14,500 $2,021 $12,479
2022 $3,077 $6,447 $1,746 $4,701
2021 $3,022 $6,445 $1,745 $4,700
2020 $2,871 $6,445 $1,745 $4,700
2019 $3,445 $7,765 $1,470 $6,295
2018 $3,600 $8,161 $1,470 $6,691
2017 $3,652 $8,161 $1,470 $6,691
2016 $4,855 $10,127 $1,378 $8,749
2015 $4,479 $10,127 $1,378 $8,749
2014 $4,431 $10,127 $1,378 $8,749
2013 $4,251 $10,756 $1,378 $9,378
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12428326

Midwest Real Estate Data (MRED)
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