18525 S Torrence Avenue, LANSING IL 60438 Photo 1 18525 S Torrence Avenue, LANSING IL 60438 Photo 2 18525 S Torrence Avenue, LANSING IL 60438 Photo 3 18525 S Torrence Avenue, LANSING IL 60438 Photo 4 18525 S Torrence Avenue, LANSING IL 60438 Photo 5 18525 S Torrence Avenue, LANSING IL 60438 Photo 6 18525 S Torrence Avenue, LANSING IL 60438 Photo 7 18525 S Torrence Avenue, LANSING IL 60438 Photo 8 18525 S Torrence Avenue, LANSING IL 60438 Photo 9 18525 S Torrence Avenue, LANSING IL 60438 Photo 10
Listing Courtesy of Baird & Warner

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18525 S Torrence Avenue - Well maintained (22) unit, 14,746sf commercial building situated on a 228x116 or 26,448sf parcel. Property is located in a high traffic area with 228 feet of Torrence Avenue frontage. PIN's are: 30-31-318-041 to 044. Zoning is B2 for Community Retail District. Virtual Tour

Listing information

  • MLS® ID: 09202863
  • Status: Active
  • New Construction: No
  • County: Cook
  • Style: Office
  • Stories: 2
  • Foreclosure: No
  • Year Built: 1968
  • Parking Type Description: None 0 cars
  • Estimated Annual Taxes: $55,240

Features

Air Conditioning Central Individual
Approximate Age 36-50 Years
Backup Info Rent Roll
Built Before 1978 (Y/N) Yes
Current Use Commercial
Electrical Service Separate Meters
Exterior Building Type Brick
Fire Protection Alarm On Site, Fire Extinguisher/s
Franchisor Feed(y/n) No
Frontage/Access City Street
Geographic Locale Southwest Suburban
Heat/Ventilation Central Bldg Heat
Information None
Investment (Y/N) Yes
Known Encumbrances None Known
Location Central Business District
Misc Inside Multi-Tenant, Private Restroom/s
Other # Of Drive In Doors - 0, # Of Tenants - 12, # Of TL Docks - 0, # Of Units - 22, Approx Total Bldg Sq Ft - 15128, Expense Year - 2016, Gross Rentable Area - 14746, Gross Rental Income $ - 16778, Net Oper Income $ - 81093, Net Operating Income Year - 2016, Net Rentable Area - 11046, Tax Year - 2014, Total Annual Exp - 86096, Total Annual Income - 167789, Total Monthly Income - 13982, Township - Thornton, Zoning Type - Rtail
Outdoor Parking 31-50 Spaces
Possession Closing
Potential Use Office and Research, Retail
Property Offered For Sale Only
Property Type Office/Tech
Sale Terms Cash Only, Conventional
Tenant Pays Electric, Varies by Tenant
Unincorporated (Y/N) No
Listing Courtesy of Baird & Warner