17030 Torrence Ave Lansing, IL 60438
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.
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Waddie Ann Events and Venue Hotel & Motel Resort
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Effin Egg Restaurant
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Frida’s Hairbraiding Hair Salon
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Mingles Bar & Grill LLC Restaurant
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JZ Furniture Furniture & Home Goods Home Decor Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.