Property profile & analytics
16901 Torrence Ave Lansing, IL 60438
- Retail space
- 1.57 lot acres
Location Intelligence
Property ID
US28-0368752
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
- Stop N Go Convenience, Kratom, THC, Vape & Tobacco / Convenience Store / Cigar Shop
Property Details for 16901 Torrence Ave
- Year built
- 1985
- Lot size
- 1.57 lot acres
- Property type
- Retail space
- APN
- 30-19-301-016
- APU
- 3019301016
Description
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
Value Estimation
by Realmo proprietary methodology
Last update: July 3, 2025
-
AI approach
- CAP return
- Estimation
- Estimation
- $315,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $410,000
- 6.5%
- $380,000
- 7%
- $390,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $415,000
- Geo Method
- $395,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $315,000
- Retail
- $420,000
- Mixed-Use
- $365,000
- Hospitality
- $410,000
- Educational
- $410,000
- Residential Income
- $380,000
- Energy
- $315,000
- Income-Based Land
- $365,000
- Food Service
- $310,000
Location Insight
- Map
- Local Demand
- City
- Lansing
- County
- Cook
- State
- Illinois
- Longitude
- -87.5582
- Latitude
- 41.5877
- 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
$93,424
$119,500
$24,249
$143,749
-
$478,000
$96,996
$574,996
