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    16901 Torrence Ave Lansing, IL 60438

    Sponsored
    For Lease
    $20 SF/Yr

    Lansing, IL Retail - 2 Suites Available

    Lot size:
    22,315 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    Torrence Commons, located at 16901 Torrence Ave in Lansing, Illinois (Cook County, zip code 60438), offers exceptional retail space for lease. This multi-tenant property boasts a total of 22,315 square feet, with two available suites. Individual suite sizes range from a minimum of 2,435 square feet to a maximum contiguous space of 2,932 square feet

    Property Features for 16901 Torrence Ave

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    22,315 SF
    Total Rate
    37191.67

    Building Details

    Year Renovated
    2023

    Unit(s) available at that property

    Space
    Suite 16911
    Size
    2,435 SF
    Rate per SF
    $20
    Space
    Suite 16909
    Size
    2,932 SF
    Rate per SF
    $20
    Property Profile Location Intelligence

    Current Use by Public Records

    Stop N Go ... Convenience 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.

    Location Insight

    • Map
    • Local Demand
    City
    Lansing
    County
    Cook
    State
    Illinois
    Longitude
    -87.5583815
    Latitude
    41.5879233

    Nearby Similar for Lease

    • Contact for pricing

      High-End Salon/Spa/Healthcare Facility

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      Retail Space Near Walmart

      Retail units available near major retailers and highway access.
      17643-17681 Torrence Ave, Lansing, IL 60438
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      3,000 SF

      Retail Space in Cook County

      Retail space available in a busy Cook County shopping center.
      16749 Torrence Ave, Lansing, IL 60438
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      Retail Space in Cook County

      Retail spaces available in a shopping center with high traffic.
      16831 Torrence Ave, Lansing, IL 60438
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      Retail Space in Cook County

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      Lansing Retail Space Available

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    • $22 SF/Yr
      128,466 SF

      Retail Space in Cook County

      Retail property with anchor, in-line, and outparcel availabilities.
      16771-16797 Torrence Ave, Lansing, IL 60438
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    • Contact for pricing
      6,413 SF

      Retail Space in Cook County

      Retail property in Cook County with high traffic and easy access.
      2460 168 St, Lansing, IL
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    FAQs

    What type of property is this?
    Retail property - Lansing, IL Retail - 2 Suites Available
    Where is this retail property located?
    The property is located at 16901 Torrence Ave Lansing, IL.
    What is the lease rate?
    The lease rate is $20 SF/Yr.
    Request Owner's contact information
    16901 Torrence Ave Lansing, IL 60438
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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
    16901 Torrence Ave Lansing, IL 60438
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