18058 Torrence AveLansing, IL 60438

For Sale
$125,000

High-visibility corner lot, value-add opportunity.

Overview

Added:
Feb 3
Days on market:
40
This exceptional multi-tenant property, located at 18058 Torrence Avenue in Lansing, Illinois, presents a compelling value-add opportunity. Situated on a highly visible corner lot at the intersection of Torrence Avenue and Indiana Avenue, this property boasts a significant daily traffic count of 30,000 vehicles. The property comprises two distinct units. Unit 1 offers a substantial 4,802 square feet, including 2,254 square feet of street-level storefront/office space on Torrence Avenue and 2,548 square feet of warehouse space featuring an overhead door. A sizable 1,800-square-foot basement provides additional storage or expansion potential. Unit 2 encompasses 2,450 square feet, with 735 square feet dedicated to office space and 1,715 square feet of warehouse space equipped with a 14-foot overhead door. A 540-square-foot mezzanine adds extra versatility. The property includes a fenced-in rear lot accessible from Unit 2. This prime location benefits from proximity to established businesses such as Starbucks, Taco Bell, Chipotle, and Lan Oak Liquors, ensuring high visibility and potential for strong tenant occupancy. The total building size is 7,252 square feet, and the property is offered at $125,000. This presents a rare chance to acquire a well-positioned multi-tenant property with significant upside potential in a thriving commercial area.

Property Details for 18058 Torrence Ave

Property type
Other commercial real estate
Square Feet
7,252 SF
Year Built
1930

Location Insight

City
Lansing
County
Cook
State
Illinois
Latitude
41.56671
Longitude
-87.55925
18058 Torrence Ave, Lansing, Illinois

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18058 Torrence Ave
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