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Property profile & analytics
OFF-MARKET Estimated value $685,000
Retail space

18525 Torrence Ave Lansing, IL 60438-2871

0.15 ac lot Built 1964
Entity Owned 4-yr Hold ~ Est. High Equity
Property ID
US28-4309934
Property summary
AI-generated overview

Beacon Executive Plaza, located at 18525 Torrence Ave in Lansing, Illinois 60438, presents a unique opportunity for businesses seeking versatile commercial space. This 15,000 square foot Class C building, constructed in 1968 and renovated in 2017, offers a mix of medical and traditional office space in a multi-tenant setting. The property features a minimum divisible space of 234 square feet, with a total of 234 suites. Currently, 234 square feet are vacant, providing immediate occupancy potential. The building boasts a prime location in a high-traffic area, ensuring excellent visibility and accessibility. Ample parking is available for employees and customers. The meticulously maintained property offers modern amenities and a clean, professional appearance, making it ideal for a variety of businesses, including retail shops, office spaces, and service centers. This property's combination of size, location, and condition makes it a rare find in the Lansing area, perfect for businesses looking to establish or expand their operations. The building's versatile space caters to diverse business needs, offering a strong foundation for success.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1964
Lot 0.15 ac (6,612 SF)
APN 30-31-318-043
UPID US28-4309934
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
Current use
Occupant on record · Public records
  • Canalia & Clark Law Firm
  • Country Life Insurance Co Insurance Agency
  • Charles Henri - Aflac Insurance Agent Insurance Agency
  • Rice Property Management & Realty, LLC. Apartment Rental Agency Commercial Real Estate Agency
  • United States Postal Service Mailing Service Post Office
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$725k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$685k
Owner & transaction history
S3l Rei LLC · 4 yrs held
S3l Rei LLC
since 2022
Last sale
$650,000
1 recorded transaction
2022
$600,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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