Wonderful opportunity in Lansing with this 12 unit money maker. Currently run b a no nonsense property manager that treats this fully rented building with care and fixes issues with care. The units are large and recently updated, call for your showing today.
Multi-familyProperty Type
1975Year Built
8,250 sq ftLot Size
$78Price/Sq.Ft.
Listed by Brian Wold• Listing Leaders Northwest
•219-961-5478 (broker)
•erik.hoelzeman@listingleadersnw.com (broker)
Listed by Jesse Kikkert• Prime Real Estate / Lifstyl Re
Make a passive monthly income on this beautiful 12 unit building, that has 4 large updated 1 bedroom apartments, and 8 large updated 2 bedroom apartments. This all brick building is at 100% occupancy with 7 units leased into 2018. Very well maintained building with boiler heat, tenants pay electric and plenty of parking with laundry on site. Annual Rents=122k Taxes=17k.
Public Records
May 12, 2014
Sold
$275,000
$38/sq ft
NIRA MLS as Distributed by MLS Grid #40421
Jun 25, 2002
Listing Removed
—
Jun 24, 2001
Listed
$439,900
$61/sq ft
Public Records
Apr 10, 2002
Sold
$450,000
$63/sq ft
Public Records
May 6, 1996
Sold
$382,500
$53/sq ft
Year
Property tax
Land + Additions
Assessment*
2023
$3,544 (−11.8%)
$1,020 + $3,848
$4,868
2022
$4,016 (+2.8%)
$1,920 + $4,260
$6,180
2021
$3,907 (+7.7%)
$1,920 + $4,260
$6,180
2020
$3,626 (+4.7%)
$1,920 + $4,260
$6,180
2019
$3,464 (+1.9%)
$1,280 + $4,804
$6,084
2018
$3,400 (−1.0%)
$1,280 + $4,804
$6,084
2017
$3,433 (+30.7%)
$1,280 + $4,804
$6,084
2016
$2,626 (+38.5%)
$1,120 + $3,683
$4,803
2015
$1,896 (−63.9%)
$1,120 + $2,612
$3,732
2014
$5,255 (+0.3%)
$1,120 + $9,370
$10,490
2013
$5,237 (+7.6%)
$1,120 + $10,513
$11,633
2012
$4,869 (+7.0%)
$1,120 + $10,513
$11,633
2011
$4,552 (−25.5%)
$1,120 + $10,513
$11,633
2010
$6,111 (−16.8%)
$1,456 + $14,546
$16,002
2009
$7,342 (−1.5%)
$1,792 + $17,903
$19,695
2008
$7,456 (−4.5%)
$2,240 + $21,066
$23,306
2007
$7,805
$2,464 + $21,825
$24,289
Tax history for 3050 178th
Year
Property tax
Land + Additions
Assessment*
2023
$3,544 (−11.8%)
$1,020 + $3,848
$4,868
2022
$4,016 (+2.8%)
$1,920 + $4,260
$6,180
2021
$3,907 (+7.7%)
$1,920 + $4,260
$6,180
2020
$3,626 (+4.7%)
$1,920 + $4,260
$6,180
2019
$3,464 (+1.9%)
$1,280 + $4,804
$6,084
2018
$3,400 (−1.0%)
$1,280 + $4,804
$6,084
2017
$3,433 (+30.7%)
$1,280 + $4,804
$6,084
2016
$2,626 (+38.5%)
$1,120 + $3,683
$4,803
2015
$1,896 (−63.9%)
$1,120 + $2,612
$3,732
2014
$5,255 (+0.3%)
$1,120 + $9,370
$10,490
2013
$5,237 (+7.6%)
$1,120 + $10,513
$11,633
2012
$4,869 (+7.0%)
$1,120 + $10,513
$11,633
2011
$4,552 (−25.5%)
$1,120 + $10,513
$11,633
2010
$6,111 (−16.8%)
$1,456 + $14,546
$16,002
2009
$7,342 (−1.5%)
$1,792 + $17,903
$19,695
2008
$7,456 (−4.5%)
$2,240 + $21,066
$23,306
2007
$7,805
$2,464 + $21,825
$24,289
*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
3,200 Sq. Ft.
Year renovated
—
Sq. Ft.
—
Year built
—
Style
Multi-Family (5+ Unit)
County
Cook County
APN
30304130190000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Sep 17, 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
Parking
Parking Information
Parking Features: None, Off Street
Interior
Interior Features
Interior Features: Elevator
Flooring: Carpet, Ceramic Tile, Linoleum
Room Information
Basement: Crawl Space
Multi-Unit Financial Information
Net Operating Income: $98,105
Gross Income: $1,200
Gross Scheduled Income: $122,100
Electric Expense: $1,500
Insurance Expense: $5,792
Maintenance Expense: $8,733
Water Expense: $2,836
New Taxes Expense: $17,738
Professional Management Expense: $8,500
Trash Expense: $866
Multi-Unit Information
Occupant Type(s): Tenant
# of Units Total: 12
Exterior
Exterior Features
Exterior Features: Balcony, Storage
Other Equipment: Satellite Dish
Construction Materials: Brick
Living Area
Living Area: 7,200
Living Area Source: Assessor
Property Information
Year Built: 1975
Financial
Tax Information
Tax Legal Description: Legal Description: see assessor
Utilities
Utilities Information
Utilities: Cable Available, Sewer Available
Water Source: Public
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: 3,200 square feet
Style: Multi-Family (5+ Unit)
Year Built: —
Year Renovated: —
County: Cook County
APN: 30304130190000
Home facts updated by county records on Sep 16, 2026
Other
Auction Information
Auction YN: No
Auction Minimum Opening Bid: 0.00
Around this home
Schools
Coolidge Elementary School
Public K-5 • Assigned • 0.5mi
5/10
Memorial Junior High School
Public 6-8 • Assigned • 0.7mi
4/10
Thornton Fractional South High School
Public 9-12 • Assigned • 0.9mi
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
0.15% 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)
30
16
39
23
55
34
62
43
68
49
81
63
86
69
82
64
78
57
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.