2415 THORNTON Road Lansing, IL 60438

$725,000
2415 THORNTON Road, Lansing, IL 60438
09953834

Commercial Property for sale in Lansing, IL

for $725,000 with 3 bedrooms. The lot size is 50X256.

Property Information

  • $725,000
  • 3 Bedrooms
  • Commercial
  • Taxes are $22,965
  • 5+ Family
  • Active
  • 3 Floors
  • Lot size of 50X256
  • Lansing, IL
  • Cook County
  • MLS/Web ID is 09953834

Description

The property has a total of 11 units, eight (2 Bedroom/1 Bath) units & three (1 Bedroom/1 Bath) units. The property has been well maintained by the current owners and no major capital expenditures are needed. This property provides an investor with a great value-add opportunity to raise the building's below market rents. The property has excellent access to IL Route 83/Torrence Ave interchange which connects I-80, I-94, I-294, I-394 and US-6 at the Torrence Ave interchange located within a mile of the property. The property is conveniently located within two miles of major retail centers with an ample supply of shopping, restaurants and entertainment.

Interior 2

Cooling System

  • Wall Unit(s)

Heating System

  • Electric

Exterior 2

Road Frontage

  • City Street

Siding

  • Brick

Miscellaneous 1

Documents

  • Backup Package

Rental 1

Tenant Pays

  • Electric
  • Heating

† Excluded Feature

Listed By

Broker: LAGESTEE-MULDER RLTY & INV.

2415 THORNTON Road, Lansing, IL, 60438 is a Commercial Property for sale at $725,000 with a lot size of 50X256. 2415 THORNTON Road has 3 bedrooms and 0.0 baths. The property's zip code is 60438 which is in Lansing, IL

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Market Pricing

Average % of sale price Median % of sale price
All listings in Lansing $198,357 73 % below $144,900 80 % below
Commerical listings in Lansing $545,250 25 % below $293,500 60 % below

Get the facts about Lansing, IL!

Population 28,304
Population Growth (since 2000) 0 %
Median Income $51,525
Median Age 38.95
Households w/ Children 31 %

Residential Dwellings

  • Owned 7937
  • Vacant 760
  • Rented 3006

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