3436 Ridge Road 1-5,Lansing, IL 60438
Lansing, IL 60438
Description
Position your portfolio for immediate returns with this fully occupied, income-producing commercial office building in one of Lansing's most desirable business corridors. Generating strong, consistent cash flow from day one, this turnkey investment is ideal for both seasoned investors and buyers seeking a quality asset for a 1031 exchange. Strategically located within walking distance of Fox Pointe, the property benefits from excellent visibility, convenient access, and proximity to restaurants, retail, entertainment, and community events that attract steady foot traffic throughout the year. The building also features a private parking lot with four dedicated parking spaces, providing added convenience for tenants and visitors. The property is fully leased with established tenants, allowing a new owner to enjoy immediate income while exploring future value-add opportunities. Buyers may also be eligible to take advantage of City of Lansing facade improvement grant programs (subject to approval), offering the potential to modernize the building's exterior, enhance curb appeal, and further increase property value. Property Highlights: Fully occupied with established tenants - Strong, immediate cash flow - Prime Lansing location within walking distance to Fox Pointe - Private parking lot with 4 dedicated parking spaces - Excellent visibility and accessibility Potential eligibility for City facade improvement grants - Ideal addition to an investment portfolio or a 1031 Exchange. This is a rare opportunity to acquire a stabilized commercial asset in a high-demand location with both dependable income and future upside. Bring your offers-investment opportunities like this don't come along often! Please do not disturb tenants. Showings by appointment only.
Details
| MLS # | 12718292 |
|---|---|
| Listing Type | For Sale |
| Style | Office/tech |
| Sub-Type | Resale |
| Status | Active |
| Year | 1964 |
| Days On Site | 65 |
| Listing Provided By | Worth Clark Realty | Michelle Paz |
Features
| SQ Feet | 1,750 |
|---|---|
| Story(s) | 1 |
| Units | 5 |
Interior
| Cooling | Window Unit(s) |
|---|
Exterior
| Construction Materials | Brick |
|---|
Utilities
| Electric | Circuit Breakers, Separate Meters |
|---|
Taxes
| Tax Year | 2023 |
|---|---|
| Tax Annual Amount | 11500 |
Area Information
| State | IL |
|---|---|
| County | Cook |
| City | Lansing |
| Zip Code | 60438 |
| Area | Lansing |
| Listing VS Median (in 60438) | |
Price: $249,500 low | high Med: $221,894 sqft: 1,750 low | high Med: 1,616 $ / sqft: $143 low | high Med: $140 On site: 65 low | high Med: 50.5 | |
Market Activity 60438
Request a showing
Request a showing
Contact
Learn More About This Property
| State | IL |
|---|---|
| County | Cook |
| City | Lansing |
| Zip Code | 60438 |
| Area | Lansing |
| Listing VS Median (in 60438) | |
Price: $249,500 low | high Med: $221,894 sqft: 1,750 low | high Med: 1,616 $ / sqft: $143 low | high Med: $140 On site: 65 low | high Med: 50.5 | |
