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Property profile & analytics

17591 Paxton Ave Lansing, IL 60438

  • Industrial properties
  • 0.62 lot acres
Value Estimation
Last Sale
Jul 16, 2021
$232,500
Location Intelligence
Property ID
US28-0132988
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Industrial properties

Property Details for 17591 Paxton Ave

Year built
1968
Lot size
0.62 lot acres
Property type
Industrial properties
APN
29-25-400-074
APU
2925400074

Description

This exceptional 7,500 square foot freestanding brick building at 17591 S Paxton Avenue, Lansing, IL, presents a unique opportunity for businesses seeking versatile space. Situated on a 0.74-acre lot, the property offers a blend of office and warehouse space, perfectly suited for a variety of uses. The warehouse area, totaling a significant portion of the building, is easily divisible into three separate sections, each with its own private entrance, providing flexibility for multi-tenant occupancy or internal departmental separation. Two generously sized offices provide dedicated administrative space, complemented by inviting reception areas, a functional conference room, and convenient kitchen and washroom facilities. Loading and unloading are simplified by the inclusion of two overhead doors and a loading dock. Ample on-site parking is available for employees and clients. The building's immaculate condition and strategic location, with easy access to major roadways, make it an attractive option for warehousing, light manufacturing, office space, retail showrooms, medical or wellness facilities, educational or training centers, creative studios, or equipment storage. This turnkey property is available for both sale and lease, offering a compelling investment opportunity or immediate occupancy for your business. The property's flexible layout and prime location cater to diverse business needs, ensuring a seamless transition and operational efficiency.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $205,000
  • CAP approach

    CAP return
    Estimation
    6%
    $225,000
    6.5%
    $215,000
    7%
    $205,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $215,000
    Geo Method
    $210,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $205,000
    Retail
    $210,000
    Mixed-Use
    $240,000
    Hospitality
    $225,000
    Educational
    $210,000
    Residential Income
    $230,000
    Energy
    $245,000
    Income-Based Land
    $225,000
    Food Service
    $215,000

Location Insight

  • Map
  • Local Demand
City
Lansing
County
Cook
State
Illinois
Longitude
-87.5681
Latitude
41.575
CBSA code
16980
CBSA name
CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$35,802
$20,199
$34,889
$55,088
-
$80,796
$139,556
$220,352
More about this property
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