Multi-Tenant Retail Center with Pylon
For Sale
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17149 - 17151 Torrence Avenue, Lansing, IL 60438
Multi-tenant shopping center on Torrence Avenue with dual-sided pylon signage and a 424-space parking lot.
Property Size80,000 SF
Days on Market128
Property Features for 17149 - 17151 Torrence Avenue
General Information
Standard status
Active
Size
80,000 SF
Total Parking Spaces
424
Property subtype
Retail
Occupancy
44%
Site & Location
Traffic Count
16,000 vehicles/day
Highway Access
Yes
Road Access
Yes
Building Details
Tenancy
Multi
Listing Agency:
Frontline Real Estate Partners
(847) 780-8062
Listed By:
Matthew Tarshis · License #IL 481011744
Source:
Crexi
Added: Apr 12
Changed: Aug 8
Last Checked: Jul 21 at 4:25PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Frontline Real Estate Partners
Investment Insights
Based on property information with market context.
Lansing Shopping Center is an 80,000 SF multi-tenant retail center with one tenant currently operating on a NNN lease. K&G Fashion Superstore has leased at the center since 2002, with a term through January 2024. The property has one remaining vacancy totaling 45,000 SF, which was formerly occupied by Best Buy. Site amenities include a 424-space parking lot, and a portion of the lot is currently leased month-to-month to Napleton Auto Group.
The center is located along the east side of Torrence Avenue, just north of the I-80/I-94 ramp, in Lansing, Illinois. The property offers extensive frontage along 172nd St (805 feet) and dual-sided pylon signage along Torrence Avenue, providing visibility and exposure to approximately 16,000 VPD.
Lansing Shopping Center sits in the primary commercial corridor with nearby retail activity including a range of national tenants such as Walmart Supercenter, Sam’s Club, Home Depot, Burlington, Macy’s, JC Penney, ALDI, Big Lots, Dollar Tree, LA Fitness, Walgreen’s, and several quick-service restaurants.
The center is located along the east side of Torrence Avenue, just north of the I-80/I-94 ramp, in Lansing, Illinois. The property offers extensive frontage along 172nd St (805 feet) and dual-sided pylon signage along Torrence Avenue, providing visibility and exposure to approximately 16,000 VPD.
Lansing Shopping Center sits in the primary commercial corridor with nearby retail activity including a range of national tenants such as Walmart Supercenter, Sam’s Club, Home Depot, Burlington, Macy’s, JC Penney, ALDI, Big Lots, Dollar Tree, LA Fitness, Walgreen’s, and several quick-service restaurants.
Key Highlights
- 80,000 SF multi‑tenant retail center with one tenant on a NNN lease (K&G Fashion Superstore), leased since 2002
- 43.75% leased; lone vacancy totals 45,000 SF (formerly occupied by Best Buy)
- Dual‑sided pylon signage along Torrence Avenue with exposure to approx. 16,000 VPD
Property Analytics
Property Profile
Current Use
Lease Details
16,000 VPD
Traffic count
43.8%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
608
Businesses Nearby
282k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 37%
Dining 31%
Apparel 14%
Home Improvements & Furnishings 12%
QuikTrip
Shops & Services
68,465 visits/mo
0.3 miles
The Home Depot
Home Improvements & Furnishings
31,593 visits/mo
0.4 miles
Burlington
Apparel
27,773 visits/mo
0.2 miles
Culver's
Dining
21,783 visits/mo
0.3 miles
Hooters
Dining
15,458 visits/mo
0.2 miles
Demographics for 60438, IL
29,661
Population
12,230
Households
2.4
Avg Household Size
40
Median Age
28%
College-Educated
93%
High-School Grad
8.1 sq mi
ZIP Area
3,662
Density / Sq Mi
$72,043
Median Household Income
$44,632
Median Earnings
$1,271
Median Rent
$168,600
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
Shopping center - Multi-tenant shopping center on Torrence Avenue with dual-sided pylon signage and a 424-space parking lot.
Where is this shopping center located?
The property is located at 17149 - 17151 Torrence Avenue Lansing, IL.
What are key features of this property?
This property features: 80,000 SF multi‑tenant retail center with one tenant on a NNN lease (K&G Fashion Superstore), leased since 2002; 43.75% leased; lone vacancy totals 45,000 SF (formerly occupied by Best Buy); Dual‑sided pylon signage along Torrence Avenue with exposure to approx. 16,000 VPD
