16905 Torrence Avenue

    Lansing, IL 60438
    • $1,250,000
    • STATUS: Active
    • ON SITE: 63 days
    • MLS #: 10625058
    UPDATED: 35 min ago
    $1,250,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 22,278
      SQFT
    • $56
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1940
    County:
    Area:

    School Ratings & Info

    Description

    Value Add Retail in Strong Southern Cook County Chicago Suburb. Opportunity to purchase center at well below replacement cost. Outlots can be sold off, ground leased or build to suit. Near Home Depot, across from Foreman Mills, Burlington Coat Factory and dozens of other retailers, Opportunity for double digit cap rates within 6 months. High traffic to the site and great visibility from Torrence Ave (30,100 VPD) and 170th St (14,800 VPD)Prime Retail Corridor, Outlet suites available, Just blocks from I90, I80 and I294 Expressways!

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    © 2020 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively 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. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or The Mattz Mega Group | Keller Williams Preferred Realty. Based on information submitted to the MRED as of 2020-04-06T11:50:48.727 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED 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. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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    www.themattzgroup.com/homes/102846049

    16905 Torrence Avenue Lansing, IL 60438

    • Price: $1,250,000
    • Status: Active
    • Updated: 35 min ago
    • MLS #: 10625058
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    22,278
    SQFT
    $56
    $/SQFT
    1940
    Built
    Neighborhood:
    Lansing
    County:
    Cook
    Area:
    Lansing
    Property Description
    Value Add Retail in Strong Southern Cook County Chicago Suburb. Opportunity to purchase center at well below replacement cost. Outlots can be sold off, ground leased or build to suit. Near Home Depot, across from Foreman Mills, Burlington Coat Factory and dozens of other retailers, Opportunity for double digit cap rates within 6 months. High traffic to the site and great visibility from Torrence Ave (30,100 VPD) and 170th St (14,800 VPD)Prime Retail Corridor, Outlet suites available, Just blocks from I90, I80 and I294 Expressways!
    Exterior Features

    Construction Brick Foundation Concrete Lot Dimensions 184X240X561X100 Lot Sq Ft 68286 Number Of Parking Spaces 53 Number Of TLDocks 0 Roof Structure Flat

    Interior Features

    Air Conditioning Central Air Ceiling Height Ft 9 Fire Protection Other Number Of Drive In Doors 0 Number Of Stories 6 Outdoor Parking 51-100 Spaces

    Property Features

    Electrical Service Circuit Breakers Exterior Building Type Brick Heat Ventilation Forced Air Max Avail Sq Ft Rentable 5000 Min Avail Sq Ft Rentable 2286 Net Oper Income Amount 30000 Property Offered For Sale Only Tax Year 2018 Taxes 97408 Tenant Pays Air ConditioningElectricHeat

    Listing information © 2020 Midwest Real Estate Data LLC.
    Listing provided courtesy of First Western Properties.


    © 2020 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively 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. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or The Mattz Mega Group | Keller Williams Preferred Realty. Based on information submitted to the MRED as of 2020-04-06T11:50:48.727 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED 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. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

    Digital Millennium Copyright Act
     
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