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Financial
Distress signals
Property profile

17591 Paxton Ave Lansing, IL 60438

FOR SALE
Industrial properties
Property ID
US28-0132988
0.62 ac lot Built 1968
Last sale Jul 2021 · $232,500
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

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…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2022

What does the county charge?
$36k
Tax billed · 2022
Assessed value$55k
Assessed land$20k
Assessed improvement$35k
Effective rate64.99%

Value estimate

· Oct 2026
$205k
$185k – $226k
AI approach$230k
NOI build-up
Gross scheduled income$49k
Vacancy & credit loss−$2k
Operating expenses−$14k
NOI · 4.30% cap applied$32k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$78/SF
County average, outlier-cleaned · 1153 recorded sales of this use type
Observed band · Q1–Q3$33 – $146

Cap rate analysis

How does the asset earn?
4.30%
$32k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionCOOK

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency11.6
Law Firm10.7
Skin Care Clinic9.4

Location

17591 Paxton Ave Lansing, IL 60438
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 10 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2861 Bernice, Lansing, IL 60438-1207 $150,000 Dec 2025 No data
1600 Thornton Lansing, Lansing, IL 60438-1522 $2,780,000 Sep 2025 No data
17805 Volbrecht, Lansing, IL 60438-1576 $2,780,000 Jun 2025 No data
19151 Pierce, Lansing, IL 60438 $2,780,000 Jun 2025 No data
16730 Chicago, Lansing, IL 60438-1119 $453,000 Nov 2024 No data
16727 Chicago Ave, Lansing, IL 60438-1111 $1,125,000 Oct 2024 No data
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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