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2427 Thornton Lansing Road

Lansing, IL 60438

6 beds
4 baths
– sqft
1928 build
– on site

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 from Chicago and Lake Michigan, it's the perfect place to call home - and earn passive income while you do.

Listing courtesy of MRED / Ellsbury Group LLC as distributed by MLS GRID

Last checked: Checking… • Last updated May 2, 2025 •

MLS# 12352622 —

The Building

Year Built:

1928
Rebuilt:

No
New Construction:

false
Construction Materials:

Vinyl Siding
Roof:

Asphalt
Basement:

Unfinished, Cellar, Full

Interior

Rooms Total:

18

Location

Directions:

Take I-80 Exit Ramp going south for Torrence Ave Continue Straight for 0.4 miles Turn left on 178th Turn Right on Arcadia Ave Turn right into parking lot
Location:

88476

The Property

Parcel Number:

30311110030000
Property Type:

Residential Income
Lot Size Dimensions:

13,350 SQFT
Zoning:

MULTI
Waterfront:

false
Additional Parcels:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2023
Tax Annual Amount:

12580

Beds

Bedrooms Total:

6
Bedrooms Possible:

6

Baths

Baths:

4
Full Baths:

4

The Listing

Special Listing Conditions:

List Broker Must Accompany

Heating & Cooling

Heating:

Natural Gas

Utilities

Sewer:

Public Sewer
Water Source:

Public

Schools

Elementary School District:

158
Middle Or Junior School District:

158
High School District:

158

Parking

Parking Total:

9
Parking Features:

Garage Owned, Detached, Garage
Garage Spaces:

4

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
5/1/25 May 1, 2025	Listed / Active	MRED	$340,000

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This multifamily located in Lansing, IL 60438 is currently for sale for $340,000. 2427 Thornton Lansing Road is a – square foot multifamily with 6 beds and 4 baths that has been on Estately for 1 days. This multifamily is in the attendance area of Oak Glen Elementary School, Memorial Junior High School, Lester Crawl Primary Center, and Thornton Fractional South High School.

Listing courtesy of MRED, Ellsbury Group LLC, and Andrew Page as distributed by MLS GRID.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Signal Real Estate are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
© 2025 Midwest Real Estate Data LLC
Information deemed reliable but not guaranteed by MLS GRID. Use of MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant's applicable MLS if any and as amended from time to time.

Based on information submitted to MLS GRID as of May 2, 2025, 03:33 am. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.