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    18418 Wentworth Ave Lansing, IL 60438

    For Sale
    $699,900

    High-traffic corner, 5-unit flex building, endless potential.

    Property size:
    11,500 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    309
    This exceptional 11,500 square foot manufactured flex building presents a unique investment opportunity in Lansing, Illinois. Strategically located on a high-traffic corner lot, this property boasts five distinct units, each offering versatile space for a variety of businesses. Unit one includes a showroom, office space, seven storage rooms, a kitchen area, a private bathroom, and central air conditioning. Unit two features a 14-foot overhead door, a 29 x 47 foot workshop area, and a private bathroom. Unit three provides ample storage space. Unit four offers a laundry area, office space, and a private bathroom. The impressive Unit five includes a crane, a 14-foot overhead door, 24-foot ceilings, and a 22 x 178 foot office area, complemented by two additional back overhead doors. The property also includes a convenient front open parking lot and a fenced-in rear lot, providing ample space for both employees and customers. A pleasant garden area adds to the property's appeal. The property is zoned for manufacturing and is situated within the Tift District, offering excellent access to transportation and local amenities. This multi-unit building presents endless possibilities for investors seeking a high-return property in a prime location. The combination of versatile units, ample parking, and strategic location makes this an exceptional opportunity.

    Property Features for 18418 Wentworth Ave

    General Information

    Property type
    Investment properties
    Square Feet
    11,500 SF

    Building Details

    Year Built
    1945
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Greenway Bikehouse Bicycle Shop

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lansing
    County
    Cook
    State
    Illinois
    Longitude
    -87.53036
    Latitude
    41.56032

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    FAQs

    What type of property is this?
    Investment property - High-traffic corner, 5-unit flex building, endless potential.
    Where is this investment property located?
    The property is located at 18418 Wentworth Ave Lansing, IL.
    What is the asking price?
    The asking price for this property is $699,900.
    (219) 322-5508
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    Lansing, IL 60438
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    18418 Wentworth Ave Lansing, IL 60438
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