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Property profile & analytics
OFF-MARKET
Commercial real estate

2109 Bernice Rd Lansing, IL 60438

4,604 SF 2.06 ac lot
Entity Owned 9-yr Hold
Property ID
US28-5363781
Property summary
AI-generated overview

This exceptional Lansing, Illinois property, located at 2109 Bernice Road, offers a unique investment opportunity. The 2.06-acre site boasts two existing buildings totaling 4,604 square feet. A 1,488 square foot building is currently configured as office/sales space, while a 3,116 square foot building provides ample maintenance and storage area. The property's previous use was for used truck sales, and the opportunity to acquire the real estate along with the existing truck sales license is available. Benefit from exceptional visibility, as the property is highly visible from I-80, a major thoroughfare with a daily traffic count of 95,840 vehicles. Its strategic location provides easy access to other key interstates, including I-294, I-90/94, and I-80 at Torrence Avenue. The property's 2018 real estate taxes were $14,746. This versatile property presents a compelling opportunity for businesses seeking a high-visibility location with existing infrastructure in a convenient and accessible area. The combination of office and industrial space, along with the potential for continued use in the automotive industry or other suitable businesses, makes this a truly unique offering. Consider the potential for redevelopment or expansion given the ample lot size and high traffic counts.

Property profile
Verified
Property type Commercial real estate
Total area 4,604 SF
Lot 2.06 ac (89,734 SF)
UPID US28-5363781
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
  • Pilot Truck Sales Car Dealership
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
2109 Bernice Road LLC · 9 yrs held
2109 Bernice Road LLC
since 2016
4 recorded transactions
2023
Price N/A
2023
Price N/A
2016
$400,000
2016
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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