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    FOR SALE
    Industrial properties

    17591 Paxton Ave, Lansing, IL 60438

    0.62 ac lot Built 1968
    Entity Owned 4-yr Hold Free & Clear
    Property ID
    US28-0132988
    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 occupancy or internal departmental separation. Two generously sized offices provide dedicated administrative space, complemented by inviting reception areas, a functional conference room, and convenient kitchen and washroom facilities. Loading and unloading are simplified by the inclusion of two overhead doors and a loading dock. Ample on-site parking is available for employees and clients. The building's immaculate condition and strategic location, with easy access to major roadways, make it an attractive option for warehousing, light manufacturing, office space, retail showrooms, medical or wellness facilities, educational or training centers, creative studios, or equipment storage. This turnkey property is available for both sale and lease, offering a compelling investment opportunity or immediate occupancy for your business. The property's flexible layout and prime location cater to diverse business needs, ensuring a seamless transition and operational efficiency.

    Property profile
    Verified
    Property type Industrial properties
    Use group INDUSTRIAL (GENERAL)
    Year built 1968
    Lot 0.62 ac (26,933 SF)
    APN 29-25-400-074
    UPID US28-0132988
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Zoko Equipment INC · 4 yrs held
    Zoko Equipment INC
    since 2021
    Last sale
    $232,500
    2 recorded transactions
    2021
    $232,500
    2004
    $226,500
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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