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18241-18245 West St

15,961 SF 91% Leased Retail Building Lansing, IL 60438 £723,766 (£45/SF)

Investment Highlights

  • ±15,961 SF Retail and Office | 16 Units
  • Frontage on Ridge Road and West Street
  • 91% Occupied | Value-add
  • Off-street parking at side and rear

Executive Summary

SVN Chicago Commercial is pleased to present 3513-3517 Ridge Road and 18241-18259 West Street in Lansing, IL. This multi-tenant retail, office, and warehouse property is located in the heart of downtown Lansing along Ridge Road (historical Main Street) with high visibility and easy access, the property has side and rear ample parking. 16 Units -Tenants include Subway, Universal Martial Arts, Norm's Military, Universal Cleaning, The Pet Set and more.

Attachments

Sale Brochure

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
15,961 SF
Building Class
C
Year Built/Renovated
1983/2022
Price
£723,766
Price Per SF
£45
Percent Leased
91%
Tenancy
Multiple
Number of Floors
2
Building FAR
0.72
Land Acres
0.51 AC

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 205
  • 900 SF
  • Office
  • -
  • 30 Days

Open Concept | Kitchenette

Space Size Space Use Position Available
205 900 SF Office - 30 Days

205

Size
900 SF
Space Use
Office
Position
-
Available
30 Days

205

Size 900 SF
Space Use Office
Position -
Available 30 Days

Open Concept | Kitchenette

Walk Score ®
Very Walkable (85)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 30-32-307-013-0000
  • 30-32-307-014-0000
Land Assessment
£16,780
Improvements Assessment
£121,882
Total Assessment
£138,662
  • Listing ID: 33110551

  • Date on Market: 09/09/2024

  • Last Updated:

  • Address: 18241-18245 West St, Lansing, IL 60438

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