17030 Torrence Ave, Lansing, IL 60438
- Retail space
- 0.90 lot acres
Current Use by Public Records
- Waddie Ann Events and Venue / Hotel & Motel / Resort
- Effin Egg / Restaurant
- Frida’s Hairbraiding / Hair Salon
- Mingles Bar & Grill LLC / Restaurant
- JZ Furniture / Furniture & Home Goods / Home Decor Store
Property Details for 17030 Torrence Ave
- Year built
- 1985
- Lot size
- 0.90 lot acres
- Property type
- Retail space
- APN
- 29-25-201-010
- APU
- 2925201010
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Jun 30, 2023 | $5,025,000 | Va22 Lansing LLC | River Place Lansing LLC | Special Warranty Deed | $3.5M · Citizens Equity First Cu |
| Jul 31, 2015 | $3,000,000 | River Place Lansing LLC | Nare River Place LLC | Trustees Deed · related | $2.4M · Anchorbank Fsb |
| Nov 6, 2012 | $1,800,000 | Nare River Place LLC | Wells Fargo 2001-cf2 | Grant Deed | $1.4M · St Charles Bank & Trust |
| Dec 5, 2006 | $4,666,667 | River Place Shopping Ctr LLC | Trust,115072-09 | Grant Deed | — |
| Jan 3, 2001 | — | River Place Shippng Center LP | — | Deed Of Trust · related | $4.9M · Column Financial INC |
| — | — | River Place Lansing LLC | — | Loan Modification · related | $444k · Old Nat'l Bk |
Description
This Class A, 25,461 square foot executive office building in Lansing, Illinois, offers multiple tenancy options with a minimum divisible space of 4,000 square feet and up to 25,461 contiguous square feet currently available. Built in 1986, the property boasts 22-foot ceilings and ample parking with 150 spaces. Situated on a 3.08-acre lot, it benefits from a B3 zoning designation. The building enjoys a prime location on Torrence Avenue, a major retail corridor with over 29,000 vehicles passing daily. This strategic location provides convenient access to the interchange of I-80 and I-94, sharing a parking lot and cross-access with a Walmart Supercenter. The property's strong tenant mix includes national brands such as Planet Fitness, Sprint, AT&T, Dunkin', Wingstop, T-Mobile, Subway, McDonald's, Jiffy Lube, and several gas stations and car dealerships. Additional features include one dock and a one-acre parcel available for ground lease. A 12-year tax abatement further enhances the investment potential. This exceptional property presents a rare opportunity for businesses seeking high-visibility space in a thriving retail environment.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $4,725,000
- ML approach
- $4,720,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Lansing
- County
- Cook
- State
- Illinois
- Longitude
- -87.5599
- Latitude
- 41.5851
- CBSA code
- 16980
- CBSA name
- CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
