17591 Paxton Ave Lansing, IL 60438
- Industrial properties
- 0.62 lot acres
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
-
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