Signalized-Corner Retail
17640 Torrence Avenue, Lansing, IL 60438
For Sale
Contact for pricing
The property is occupied under a corporate T-Mobile lease, and the tenant completed an interior renovation in 2025.
Property Size2,952 SF
Lot Size0.79 Acres
Price / SF$546.41
Days on Market42
Property Features for 17640 Torrence Avenue
General Information
Standard status
Size
Lot size
Property subtype
Site & Location
Corner Location
Traffic Count
Highway Access
Road Access
Additional Details
Tenant in Place
Building Details
Year Built
Year Renovated
Buildings
Tenancy
Listing Agency:
Marcus & Millichap
Listed By:
Dave Saverin · License #2008013520
(314) 459-8661
Source:
Crexi
Added: Sep 29
Changed: Nov 8
Last Checked: Nov 8 at 3:45PM
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 Marcus & Millichap
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
At 17640 Torrence Avenue, this 2,952-square-foot retail building sits on approximately 0.79 acres in Lansing. Constructed in 2016 for its current use, the property received a full interior remodel in 2025, completed at the tenant’s expense. T-Mobile occupies the building under a corporate lease.
The site occupies a signalized intersection on Torrence Avenue, south of I-94, and is near the I-80/94 interchange. Reported traffic volumes exceed 31,000 vehicles per day on Torrence Avenue and 163,000 per day on I-94. Nearby retail and restaurant operators include Walmart Supercenter, Chick-fil-A, Starbucks, Dunkin’ Donuts, McDonald’s, Planet Fitness, Chipotle, and Taco Bell. The surrounding population is approximately 87,000 within three miles and more than 220,000 within five miles.
The site occupies a signalized intersection on Torrence Avenue, south of I-94, and is near the I-80/94 interchange. Reported traffic volumes exceed 31,000 vehicles per day on Torrence Avenue and 163,000 per day on I-94. Nearby retail and restaurant operators include Walmart Supercenter, Chick-fil-A, Starbucks, Dunkin’ Donuts, McDonald’s, Planet Fitness, Chipotle, and Taco Bell. The surrounding population is approximately 87,000 within three miles and more than 220,000 within five miles.
Key Highlights
- 2,952‑square‑foot retail building on approximately 0.79 acres
- Built in 2016; full interior remodel completed in 2025 at the tenant’s expense
- Occupied by T‑Mobile under a corporate lease
Property Analytics
Current Use
Lease Details
31,000 VPD
Traffic count
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
496
Businesses Nearby
369k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 39%
Groceries 34%
Shops & Services 24%
Electronics 2%
Walmart Neighborhood Market
Groceries
116,584 visits/mo
0.2 miles
QuikTrip
Shops & Services
68,465 visits/mo
0.4 miles
McDonald's
Dining
34,668 visits/mo
0.2 miles
Chick-fil-A
Dining
32,462 visits/mo
0.0 miles
Starbucks
Dining
16,328 visits/mo
0.5 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
$168,600
Median Home Value
Market
Average Price Trend$/SF for Storefront properties in Cook County, IL
Properties on Market for Storefront properties in Cook County
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Storefront property - The property is occupied under a corporate T-Mobile lease, and the tenant completed an interior renovation in 2025.
Where is this storefront property located?
The property is located at 17640 Torrence Avenue Lansing, IL.
What is the asking price?
The asking price for this property is $1,613,000.
What are key features of this property?
This property features: 2,952‑square‑foot retail building on approximately 0.79 acres; Built in 2016; full interior remodel completed in 2025 at the tenant’s expense; Occupied by T‑Mobile under a corporate lease
