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    3674 Ridge Rd Lansing, IL 60438

    Sponsored
    For Sale
    $150,000

    Prime location, two buildings, high traffic.

    Property size:
    1,790 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional investment opportunity presents two buildings totaling 1,790 square feet on a 7,507 square foot lot in Lansing, Illinois. Located on a heavily trafficked road and situated between two national tenants, this property offers unparalleled visibility and accessibility. The asking price is $150,000, translating to $83.80 per square foot. The property is zoned for commercial use, making it ideal for a variety of office applications or redevelopment projects. Building #1, a 1,130 square foot structure, includes a basement and is currently utilized as a dental office. Building #2 is a single-story, 660 square foot building currently serving as a dental lab. The property's prime location and versatile buildings make it an attractive option for owner-users or investors seeking a strong return. The Cook County property features the APN 30-32-401-018-0000. This versatile property is suitable for creative office, medical office, or traditional office uses.

    Property Features for 3674 Ridge Rd

    General Information

    Property type
    Medical offices
    Square Feet
    1,790 SF

    Building Details

    Buildings
    2

    HighLights

    • High‑traffic corner location ideal for office use or redevelopment.
    • Excellent adjacency to two national tenants.
    • Two‑building property: 1,130 SF building with basement (currently dental office) and a 660 SF single‑story building (dental lab).
    Property Profile Location Intelligence

    Current Use by Public Records

    Pain Clinic Chiropractor The Pain Clinic - David ... Chiropractor

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Lansing
    County
    Cook
    State
    Illinois
    Longitude
    -87.5268442
    Latitude
    41.5638661

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    FAQs

    What type of property is this?
    Medical office - Prime location, two buildings, high traffic.
    Where is this medical office located?
    The property is located at 3674 Ridge Rd Lansing, IL.
    What is the asking price?
    The asking price for this property is $150,000.
    What are key features of this property?
    This property features: High-traffic corner location ideal for office use or redevelopment.; Excellent adjacency to two national tenants.; Two-building property: 1,130 SF building with basement (currently dental office) and a 660 SF single-story building (dental lab).
    Request Owner's contact information
    3674 Ridge Rd 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
    3674 Ridge Rd Lansing, IL 60438
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