Pleased to present the opportunity to purchase a multi-family investment property located at 2415 Thornton Lansing Road in Lansing, Illinois. The Property is a three-story brick building and contains eleven (11) residential units comprised of eight (8) 2-Bedroom/1-Bathroom units and three (3), 1-Bedroom/1-Bathroom units. The well-maintained brick apartment building features on-site laundry facilities and Sixteen (16) on-site parking spaces. The property is in Lansing, Illinois which is a South Suburb of Chicago located along the border of Illinois and Indiana. The property has excellent access to the Kingery Expressway, which connects I-80, I-94, I-294, I-394, IL-83, and US-6 at the Torrence Avenue exit ramp located within 1-mile of the property. The quick highway access provides easy accessibility to both Chicago Metropolitan and Northwest Indiana and the surrounding areas.
Multi-familyProperty Type
1963Year Built
0.3 acresLot Size
Listed by Anthony Spangler• Horvath & Tremblay IL, LLC
Well maintained 11 unit brick building. Eight 2 bedroom, 1 bathroom units. Three 1 bedroom, 1 bath units. Plenty of parking. Property provides an investor with great value. Location is a plus close to restaurants, shopping and more. Hours to view 9-4 weekdays and 9 to 1 on Saturday. It is the 11 unit.
MRED as Distributed by MLS Grid #09953834
Apr 9, 2019
Listing Removed
—
Jan 3, 2019
Relisted (Reactivated)
—
Oct 1, 2018
Pending
—
May 17, 2018
Listed (New)
*
MRED as Distributed by MLS Grid #06722628
Nov 3, 2008
Listing Removed
—
Nov 2, 2007
Listed
*
Public Records
Aug 16, 2004
Sold
$290,500
Year
Property tax
Land + Additions
Assessment*
2023
$20,815 (−29.2%)
$5,525 + $37,496
$43,021
2022
$29,413 (+2.8%)
$7,800 + $37,457
$45,257
2021
$28,610 (+7.7%)
$7,800 + $37,457
$45,257
2020
$26,552 (+15.4%)
$7,800 + $37,457
$45,257
2019
$23,009 (+1.9%)
$5,200 + $35,215
$40,415
2018
$22,583 (−1.0%)
$5,200 + $35,215
$40,415
2017
$22,803 (−0.7%)
$5,200 + $35,215
$40,415
2016
$22,965 (+7.6%)
$4,550 + $37,449
$41,999
2015
$21,337 (+1.4%)
$4,550 + $37,449
$41,999
2014
$21,043 (+27.3%)
$4,550 + $37,449
$41,999
2013
$16,529 (+7.6%)
$4,550 + $32,161
$36,711
2012
$15,366 (+7.0%)
$4,550 + $32,161
$36,711
2011
$14,365 (+1.4%)
$4,550 + $32,161
$36,711
2010
$14,164 (−16.8%)
$5,492 + $31,596
$37,088
2009
$17,018 (+1.1%)
$6,760 + $38,888
$45,648
2008
$16,828 (−9.0%)
$8,450 + $44,150
$52,600
2007
$18,490
$6,435 + $51,102
$57,537
Tax history for 2415 Thornton Lansing Rd
Year
Property tax
Land + Additions
Assessment*
2023
$20,815 (−29.2%)
$5,525 + $37,496
$43,021
2022
$29,413 (+2.8%)
$7,800 + $37,457
$45,257
2021
$28,610 (+7.7%)
$7,800 + $37,457
$45,257
2020
$26,552 (+15.4%)
$7,800 + $37,457
$45,257
2019
$23,009 (+1.9%)
$5,200 + $35,215
$40,415
2018
$22,583 (−1.0%)
$5,200 + $35,215
$40,415
2017
$22,803 (−0.7%)
$5,200 + $35,215
$40,415
2016
$22,965 (+7.6%)
$4,550 + $37,449
$41,999
2015
$21,337 (+1.4%)
$4,550 + $37,449
$41,999
2014
$21,043 (+27.3%)
$4,550 + $37,449
$41,999
2013
$16,529 (+7.6%)
$4,550 + $32,161
$36,711
2012
$15,366 (+7.0%)
$4,550 + $32,161
$36,711
2011
$14,365 (+1.4%)
$4,550 + $32,161
$36,711
2010
$14,164 (−16.8%)
$5,492 + $31,596
$37,088
2009
$17,018 (+1.1%)
$6,760 + $38,888
$45,648
2008
$16,828 (−9.0%)
$8,450 + $44,150
$52,600
2007
$18,490
$6,435 + $51,102
$57,537
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
—
Baths
—
Stories
—
Lot width
—
Lot depth
—
Lot size
0.3 Acres
Year renovated
—
Sq. Ft.
—
Year built
—
Style
Multi-Family (5+ Unit)
County
Cook County
APN
30311110020000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 12, 2026.
R4
General Residence District
The purpose of the R4 general residential district is to provide for, and preserve, the quality of higher density residential development that promotes the efficient use of land and infrastructure and provides for a variety of housing types and styles where such development is compatible with adjacent uses. The R4 district also provides for limited public and institutional uses that are compatible with surrounding residential neighborhoods.
Permitted uses
Include but are not limited to:
Housing-Group
Housing-Single unit
Housing-Multiple units
Infrastructure
Educational/school
Park & open space
Property details
Interior
Unit Type 1 Information
# of Rooms: 5
# of Bedrooms: 2
# of Bathrooms (Total): 1
# of Full Bathrooms: 1
# of Units: 8
Monthly Income: $900
Monthly Income Max: $1,250
Unit Type 2 Information
# of Rooms: 4
# of Bedrooms: 1
# of Bathrooms (Total): 1
# of Full Bathrooms: 1
# of Units: 3
Monthly Income: $725
Monthly Income Max: $1,050
Exterior
Building Information
# of Units: 11
Built Before 1978 (Y/N): Yes
Property Information
Property Type: Multi Family 5+
Parcel Number: 30311110020000
Lot Information
Dimensions: 50X300
Financial
Tax Information
Tax Annual Amount: $29,413
Tax Year: 2022
Financial Information
Finance Code: Conventional
Gross Rent Multiplier: 8.6
Total Monthly Income: $11,110
Gross Income: $133,320
Utilities
Heating & Cooling
Heat/Ventilation: Electric,Baseboard,Separate Per Unit
Location
Location Information
Directions: Head South on Torrence Ave from the Torrence Ave Off Ramp, turn left on Thornton Lansing Road, property is on the right
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: 0.3 acres
Style: Multi-Family (5+ Unit)
Year Built: —
Year Renovated: —
County: Cook County
APN: 30311110020000
Home facts updated by county records on Jul 12, 2026
Other
Expense Information
Water Sewer Expense: $9,941
Electric Expense: $2,121
Trash Expense: $1,617
Insurance Expense: $9,161
Listing Information
Some Photos Virtually Staged?: No
Around this home
Schools
Oak Glen Elementary School
Public K-5 • Assigned • 0.5mi
4/10
Memorial Junior High School
Public 6-8 • Assigned • 0.5mi
4/10
Thornton Fractional South High School
Public 9-12 • Assigned • 1.0mi
7/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
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
4 unhealthy days expected this year, 5 days in 30 years
Provided by First Street
Historical weather
Lansing, IL • 60438
Average low and high temperatures (°F)
30
16
39
23
55
34
62
43
68
49
81
63
86
69
82
64
79
58
68
48
51
37
37
23
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 10.3 hours in
June and 3.3 hours in December, placing it below the
U.S. average for solar exposure.