$650,000
$689,000
5.7%For more information regarding the value of a property, please contact us for a free consultation.
18525 S Torrence AVE Lansing, IL 60438
15,000 SqFt
Key Details
Sold Price $650,000
Property Type Commercial
Sub Type Retail/Stores
Listing Status Sold
Purchase Type For Sale
Square Footage 15,000 sqft
Price per Sqft $43
MLS Listing ID 12112269
Sold Date 09/30/24
Year Built 1968
Annual Tax Amount $42,530
Tax Year 2023
Lot Dimensions 228X116
Property Description
23 Unit, T-shaped Mixed-Use Building (Beacon Executive Plaza), approx. 15,000sf with 11,046sf of leasable space. Center section provides 14 units, North Wing - 5 units, South Wing - 3 units; new roof (2017), new carpets in common areas (2017). Long term tenants in place. Tenants cover their own electricity. High demand for space in this area, easy to find tenants and low vacancy. Actual CAP 13.44%.
Location
State IL
County Cook
Area Lansing
Zoning RTAIL
Interior
Cooling Central Individual
Fireplace N
Building
Level or Stories 2
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© 2024 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Bought with Charles McCann • Keller Williams Premiere Properties
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