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Property profile & analytics
FOR SALE
Retail space

3678 Ridge Rd Lansing, IL 60438

0.17 ac lot Built 1928
Entity Owned 2-yr Hold ~ Est. High Equity
Property ID
US28-1256703
Property summary
AI-generated overview

This single-story, 1,362 square foot office building at 3678 Ridge Road in Lansing, Illinois (Cook County, zip code 60438) is available for $150,000. The property sits on a 7,507 square foot lot (APN: 30-32-401-019-0000) and is zoned for commercial use. The asking price equates to $110.13 per square foot. Previously used as a chiropractic office, the building is adaptable for various office uses, including creative, medical, or traditional office spaces. Its prime location along a heavily trafficked road, situated between two national tenants, offers excellent visibility and accessibility. The property presents a strong opportunity for immediate occupancy or redevelopment, making it an attractive investment for a variety of businesses. The building's single-story design offers convenient access and functionality. This location provides significant potential for growth and success.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1928
Lot 0.17 ac (7,500 SF)
APN 30-32-401-019
UPID US28-1256703
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
  • Lansing Dental Clinic Dental Office
  • Moore Denise K DDS Dental Office
  • Lansing Hearing Aid Hearing Aid Repair Service
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Bimmab Healthcare Academy LLC · 2 yrs held
Bimmab Healthcare Academy LLC
since 2024
Last sale
$140,000
7 recorded transactions
2024
$140,000
2007
$122,000
2007
Price N/A
1998
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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