3431 Rdg Rd Lansing, IL 60438-3101
This 1,218 square foot retail storefront at 3431 Ridge Road in Lansing, Illinois presents a fantastic opportunity for business owners. Located on a heavily trafficked section of Ridge Road in downtown Lansing, the building boasts large storefront windows providing excellent visibility. The property is in excellent condition, featuring a less-than-one-year-old tear-off roof and a newer hot water heater (approximately 3 years old). The interior offers a wide-open space ideal for retail or office use, complete with a built-in checkout counter. Additional features include a private office, a storage room, and a mechanical room equipped with a utility sink and extra water hookups. An unfinished basement provides ample additional storage. Private parking is conveniently located behind the building. The CBD zoning allows for a diverse range of uses, including personal and professional services, restaurants, bars, professional offices, dental or medical offices, schools, art studios, and art galleries. Priced at $99,900, this property offers a unique chance to own your own building and operate your business for less than the cost of renting. This is a turn-key operation ready for your business to thrive.
-
J’dejean Beauty Lounge Spa & Massage Center
-
J'DEJEAN FASHION CAFE Clothing Store
-
Salon Voltaire Hair Salon Nail Salon
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.