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    OFF-MARKET
    Commercial real estate

    19528 Burnham Ave, Lansing, IL 60438

    8,648 SF Built 1952
    Property ID
    Property summary
    AI-generated overview

    This exceptional 8,648 square foot commercial property at 19528 Burnham Avenue in Lansing, Illinois presents a unique investment opportunity. Its strategic location offers unparalleled access to major interstates I-94 and I-294, ensuring high visibility and convenient transportation for both employees and customers. Currently utilized as retail space, the building's adaptable design allows for a multitude of uses, making it perfect for retail businesses, light manufacturing operations, or a combination of both. The property can be used as a single large unit or easily divided into three separate spaces, each offering ample room for individual businesses. Significant storage space is available throughout the building, complemented by a large showroom area and substantial room for expansion. Three exterior overhead doors provide convenient loading and unloading capabilities. A substantial parking lot located at the rear of the building offers ample parking for customers and employees. Further enhancing the property's functionality is a barn situated at the back, providing additional storage or workspace. The roof was resurfaced approximately four years ago, ensuring long-term structural integrity. This property represents a rare opportunity to acquire a versatile commercial space in a prime location with significant potential for growth and profitability.

    Property profile
    Verified
    Property type Commercial real estate
    Year built 1952
    Total area 8,648 SF
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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