Property summary
This exceptional multi-tenant property, located at 18058 Torrence Avenue in Lansing, Illinois, presents a compelling value-add opportunity. Situated on a highly visible corner lot at the intersection of Torrence Avenue and Indiana Avenue, this property boasts a significant daily traffic count of 30,000 vehicles. The property comprises two distinct units. Unit 1 offers a substantial 4,802 square feet, including 2,254 square feet of street-level storefront/office space on Torrence Avenue and… 2,548 square feet of warehouse space featuring an overhead door. A sizable 1,800-square-foot basement provides additional storage or expansion potential. Unit 2 encompasses 2,450 square feet, with 735 square feet dedicated to office space and 1,715 square feet of warehouse space equipped with a 14-foot overhead door. A 540-square-foot mezzanine adds extra versatility. The property includes a fenced-in rear lot accessible from Unit 2. This prime location benefits from proximity to established businesses such as Starbucks, Taco Bell, Chipotle, and Lan Oak Liquors, ensuring high visibility and potential for strong tenant occupancy. The total building size is 7,252 square feet, and the property is offered at $125,000. This presents a rare chance to acquire a well-positioned multi-tenant property with significant upside potential in a thriving commercial area.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with a plan.
Debts
Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.
Property tax · 2022
Value estimate
· Nov 2026Realmo valuation models over county records.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
4 recorded sales · 13 properties nearbyComparable nearby
Similar Nearby for Sale
Similar Nearby for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $199/month
- Lot area
- 0.28 ac
- Year built
- 1929
- Stories
- 1
- APN
- 29-36-206-008
- Assessed value · 2022
- $86,129
- Annual tax · 2022
- $55,976
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $199/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with a plan - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
The mortgage data comes with a plan: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
Rey answers here. ChatGPT, Grok and Claude get the same data packet.
Includes: Price & PSF · Cap rate · Location · Zoning
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- Lead Lists by Intent
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- Building Details
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- Cap Rate Evaluation
- Liens & Mortgages
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- Local Market trends
- Zoning Insight
- Location Analytics
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