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    17643 Torrence Ave Lansing, IL 60438-4839
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    Property profile & analytics

    17643 Torrence Ave, Lansing, IL 60438-4839

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    • Community centers
    Off-Market
    Last Sale Dec 19, 2023
    $2,850,000
    Property ID
    US28-4634793
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $2,850,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Eyebrow Threading Studio / Hair Salon / Nail Salon
    • TitleMax / Loan Service

    Property Details for 17643 Torrence Ave

    Property type
    Community centers
    Property subtype
    Shopping centers
    APN
    30-30-305-037
    APU
    3030305037

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Dec 19, 2023 $2,850,000 Mandour LLC Irc Lansing Square LLC Special Warranty Deed $2M · Peoples Bank
    Dec 27, 2018 — Irc Lansing Square LLC — Deed · related $832.2M · Wells Fargo Bk
    — — Irc Lansing Square LLC — Loan Modification · related $832.2M · Wells Fargo Bk

    Description

    This exceptional retail opportunity presents two available spaces, ranging from 1,200 to 2,400 square feet, within a 46,738-square-foot building situated on a 12.64-acre lot in Lansing, Illinois. The property, built in 1990 and zoned Community Retail & Service B-2, benefits from a prime location in a Walmart outlot, enjoying excellent co-tenancy with Planet Fitness and Kali Beauty. A new Chick-fil-A is under construction adjacent to the property, further enhancing its appeal. This location offers unparalleled visibility and accessibility, situated one block from the heavily trafficked intersection of Interstate 80/94 and Torrence Avenue, boasting 43,262 vehicles per day (VPD) on Torrence Avenue and an impressive 211,708 VPD on I-80/94. Lansing, a village in Cook County with a population of 28,000 (2022 US Census), provides easy access to downtown Chicago, Indiana, and the rest of the Chicagoland area. The property's strategic location within Cook County, the second most populous county in the United States, ensures a large and readily accessible customer base. The minimum divisible space is 1,200 square feet, with a maximum contiguous space of 2,400 square feet


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $3,050,000

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Lansing
    County
    Cook
    State
    Illinois
    Longitude
    -87.5572
    Latitude
    41.5746
    CBSA code
    16980
    CBSA name
    CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $510,530
    $707,152
    $78,389
    $785,541
    -
    $2,828,608
    $313,556
    $3,142,164
    More about this property
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