Property Overview

Interra Realty has been exclusively engaged to market 3045-69 Bernice Road the three (3) building portfolio in a prime market of Chicago's South Suburbs, located in Lansing, IL. The neighboring 1970’s properties reside in a flourishing retail pocket of the submarket, while also locationally versatile by bordering several of Indiana's hottest markets in addition to being alongside I-94 for easy access to downtown Chicago. The eighteen (18) unit offering consists of twelve (12) three-bedrooms and six (6) two-bedroom apartments.

All apartments have been well maintained with 16 out of the 18 units updated with new kitchens and bathroom vanities. The units feature vinyl plank flooring in the living and dining areas, tile flooring in the kitchen, formica countertops and updated cabinetry. The buildings are heated through hot water baseboard heat and cooled through window sleeve a/c units.
The buildings are outfitted with secured entrances, storage lockers, one (1) washer and one (1) dryer (owned by the landlord) at each property.

Qualified investors have the opportunity to increase rents in as-is condition by 20%. New ownership will inherit a well-maintained asset with rare scale in a prime location of the Chicago suburbs and achieve a 9%+ cash on cash return.


  • Well-Maintained 3 Building Portfolio with an Attractive Unit Mix of All Two &Three-Bedroom Layouts
  • Immediate Economies of Scale in a Low Sale Velocity Submarket
  • Ability to Increase Rents In As-Is Condition by 20%
  • Alongside I/94 and Walking Distance to Walmart & Town’s ElementarySchool

Key Details

Sale Price
Number of Units
Eighteen (18)