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    16831 Torrence Ave Lansing, IL 60438

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    For Lease
    Contact for pricing

    Retail spaces available in a shopping center with high traffic.

    Property size:
    3,600 SF
    Lot size:
    34.60 Acres

    Property Features for 16831 Torrence Ave

    General Information

    Size
    3,600 SF
    Lot size
    34.60 Acres

    Source: Mason Asset Management - Corporate Agent Igal Nassim

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Space in Cook County

    Located in Cook County, this shopping center offers retail spaces for rent. The property provides easy access to I-94. The gross leasable area (GLA) of the shopping center is 613,464 square feet. Availabilities include anchor spaces, in-line spaces, and outparcel spaces. Traffic count is 25,907 vehicles per day on Torrence Avenue. Current tenants include Burlington, Forman Mills, Dollar Tree, Family Dollar, and Chase Bank. One available space is 3,600 square feet.
    Insight Report Location Intelligence

    Current Use by Public Records

    Landings Shopping Mall Coinstar Money Transfer Service Discount Mobile Inc Electronics Store

    Suggested Use

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

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

    Similar Places Nearby

    Coin Time Bitcoin ATM, Lansing Square, River Place Shopping Center, Landings

    Location Insight

    • Map
    • Local Demand
    City
    Lansing
    County
    Cook
    State
    Illinois
    Longitude
    -87.5581181
    Latitude
    41.5902223

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      Retail Space Near Walmart

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    FAQs

    What type of property is this?
    Shopping center - Retail spaces available in a shopping center with high traffic.
    Where is this shopping center located?
    The property is located at 16831 Torrence Ave Lansing, IL.
    What are key features of this property?
    This property features: - High Visibility: Located on Torrence Ave. with 25,907 VPD.; - Sizeable GLA: Offers 613,464 SF of Gross Leasable Area.; - Strategic Location: Situated in Cook County, the 2nd largest population in the U.S.
    (516) 371-5858
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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
    16831 Torrence Ave Lansing, IL 60438
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