Mixed-Use Building with
For Sale
Contact for pricing
17851 Torrence Avenue, Lansing, IL 60438
Corner mixed-use building offers renovated storefront retail, two second-floor apartments, and adjacent parking and garage.
Property Size5,440 SF
Lot Size0.28 Acres
Days on Market122
Property Features for 17851 Torrence Avenue
General Information
Standard status
Active
Size
5,440 SF
Total Parking Spaces
20
Lot size
0.28 Acres
Property subtype
Mixed Use
Zoning
B2
Additional Details
Traffic Count
27,500 vehicles/day
Multifamily Units
2
Building Details
Tenancy
Multi
Listing Agency:
Millennium Properties R/E
(312) 338-3000
Listed By:
Susan Silver · License #IL 471.013658x
Source:
Crexi
Added: Apr 10
Changed: Aug 8
Last Checked: Jul 20 at 5:10PM
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 Millennium Properties R/E
Investment Insights
Based on property information with market context.
This mixed-use building features ground-floor storefront retail that was recently renovated and is leased to Barber Rick’s. The second floor is split into two 2-bedroom apartments. The property also includes an adjacent 20-car parking lot and a 770 SF leased garage, with units individually metered.
The building is located on the corner of Torrence and 179th, with 73 feet of frontage on Torrence Ave and daily pass-by activity listed at 27,500 cars. Parking and garage support the on-site retail and residential use.
The offering is described as a 5,440 SF mixed-use building on a 12,130 SF lot. Zoning is identified as B2 and the 2015 taxes are listed as $11,267.
The building is located on the corner of Torrence and 179th, with 73 feet of frontage on Torrence Ave and daily pass-by activity listed at 27,500 cars. Parking and garage support the on-site retail and residential use.
The offering is described as a 5,440 SF mixed-use building on a 12,130 SF lot. Zoning is identified as B2 and the 2015 taxes are listed as $11,267.
Key Highlights
- 5,440 SF corner mixed‑use building with ground‑floor retail and two second‑floor apartments
- Ground floor storefront recently renovated and leased to Barber Rick’s
- Second floor split into two 2‑bedroom apartments
Property Analytics
Current Use
Lease Details
2
Residential units
27,500 VPD
Traffic count
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
626
Businesses Nearby
303k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 37%
Shops & Services 33%
Apparel 12%
Home Improvements & Furnishings 11%
QuikTrip
Shops & Services
68,465 visits/mo
0.1 miles
Chick-fil-A
Dining
32,462 visits/mo
0.5 miles
The Home Depot
Home Improvements & Furnishings
31,593 visits/mo
0.5 miles
Burlington
Apparel
27,773 visits/mo
0.4 miles
Culver's
Dining
21,783 visits/mo
0.3 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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Corner mixed-use building offers renovated storefront retail, two second-floor apartments, and adjacent parking and garage.
Where is this mixed-use property located?
The property is located at 17851 Torrence Avenue Lansing, IL.
What are key features of this property?
This property features: 5,440 SF corner mixed‑use building with ground‑floor retail and two second‑floor apartments; Ground floor storefront recently renovated and leased to Barber Rick’s; Second floor split into two 2‑bedroom apartments
