3436 Ridge Road # 1-5 Lansing, IL $ 249,500
3436 Ridge Road # 1-5
$ 249,500
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3436 Ridge Road # 1-5

Lansing, IL, 60438
$ 249,500
Bedrooms-- Baths-- Sq 1,275

Monthly Estimate*

$ 1,575

3436 Ridge Road # 1-5, Lansing, IL 60438 - Image 1
3436 Ridge Road # 1-5, Lansing, IL 60438 - Image 2
3436 Ridge Road # 1-5, Lansing, IL 60438 - Image 3
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3436 Ridge Road # 1-5, Lansing, IL 60438 - Image 6

Commercial Property for sale in Lansing, IL

for $249,500. This 1,275 square foot building was built in 1964 on a lot size of 0.088223.

Position your portfolio for immediate returns with this 100% occupied, income-producing commercial office building in one of Lansing's most desirable business corridors. Generating strong, consistent cash flow from day one, this turnkey investment is ideal for both seasoned investors and buyers seeking a quality asset for a 1031 exchange. Strategically located within walking distance of Fox Pointe, the property benefits from excellent visibility, convenient access, and proximity to restaurants, retail, entertainment, and community events that attract steady foot traffic throughout the year. The building also features a private parking lot with four dedicated parking spaces, providing added convenience for tenants and visitors. The property is fully leased with established tenants, allowing a new owner to enjoy immediate income while exploring future value-add opportunities. Buyers may also be eligible to take advantage of City of Lansing facade improvement grant programs (subject to approval), offering the potential to modernize the building's exterior, enhance curb appeal, and further increase property value. Property Highlights: Fully occupied with established tenants - Strong, immediate cash flow - Prime Lansing location within walking distance to Fox Pointe - Private parking lot with 4 dedicated parking spaces - Excellent visibility and accessibility Potential eligibility for City facade improvement grants - Ideal addition to an investment portfolio or a 1031 Exchange. This is a rare opportunity to acquire a stabilized commercial asset in a high-demand location with both dependable income and future upside. Bring your offers-investment opportunities like this don't come along often! Please do not disturb tenants. Showings by appointment only.

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Commercial Active

Price

$ 249,500

Property Type

Commercial

Taxes

$ 11,500

Style

Commercial

Lot Size

0.088223

Year Built

1964

Town/City

Lansing

County/Region

Cook

MLS | Web ID

12718292

Features
General
Cooling Window Unit(s)
Construction Materials Brick
Year Built 1964
Electric Circuit Breakers Separate Meters
Tenant Pays Varies by Tenant
Stories Count 1
Unit Number 1-5
Property Subtype Office
Tax Year 2023
Current Use Commercial
Gross Income 43500
County Cook
Net Operating Income 20929
Operating Expense 22571
Property Type Commercial Sale Office/Tech
Status New
Directions Torrence Ave to Ridge Rd East to Property
City Lansing
Number Of Units Total 5
MLS Area Lansing
Lot Size Square Feet 3843
Tax Annual Amount 11500
Additional Parcels Y/N N
Leasable Area 1584
Standard Status Active
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Exterior
Building Area Total 1275
Lot Dimensions 42X89X42X97
Frontage Type City Street
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* Excluded Features
List By
Worth Clark Realty

Broker

remichellepaz@gmail.com

Email

Affordability Calculator

$2,534
Per Month
62%
38%
0%
Monthly Principal & Interest
$1,575
Monthly Property Taxes
$958
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/29/2026$249,500 Listed Price

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3436 Ridge Road # 1-5, Lansing, IL, 60438 is a Commercial Property for sale at $249,500 with 1,275 sqft and a lot size of 0.088223. 3436 Ridge Road # 1-5 was built in 1964. The property's zip code is 60438 which is in Lansing, IL