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Browse More Listings in Industrial For Sale, Lansing, IL or Illinois

Industrial Property For Sale

17035 Burnham Ave.

17035 Burnham Ave., Lansing, IL 60438

Price:
$395,000
Building Size:
42,000 SF
Price/SF:
$9.40
Property Type:
Industrial
Property Sub-type:
Flex Space
Additional Sub-types:
Manufacturing
Warehouse
Property Use Type:
Investment
Cap Rate:
8%
Occupancy:
60%
Tenancy:
Multiple
Year Built:
1964
Lot Size:
1.68 AC
Find Out More...

Last Verified 11/23/2009 Listing ID 14444246

Description

Great mix of tenants includes auto repair shop, machine shop, and a home building supply company. Ideal owner/user with extra tenants to pay off your mortgage! Over $169,000 in major upgrades in 2004 included new roof, updated electric, plumbing and much more.

1 Mile east of River Oaks Mall & The Landings Shopping Center (major retail center within a 15 mile radius). Frontage on Burnham Ave which, according to the Illinois Department of Transportation, has a daily traffic count of 15,400 cars per day. Major expressways within minutes. Area is densely populated.

Financial Summary

Actual
Net Operating Income
$91,266

Map of 17035 Burnham Ave., Lansing, IL 60438 (Cook County)

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Contact Listing Broker

Mike Larson (219) 836-4740

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Created 12/22/2005

Additional Information for 17035 Burnham Avenue, Lansing, IL 60438

Active For Sale - 1 Listing
Active For Lease - 0 Listing
Previously Listed - 0 Historic Listing
Sales Comparables Available - 0 RecentSales Record

View additional information for the property view other currently active listings, previous listings, sales comparables, public records, and county records data for this address.

Comparable Properties for 17035 Burnham Ave., Lansing, IL 60438

Nearby Industrial properties for saleSearch all commercial real estate for sale

65,000 sf Industrial Facility
$1,850,000
65,000 SF
17414 Railroad
$549,000
15,295 SF

Nearby Industrial properties for leaseSearch all commercial real estate for lease

Manufacturing Facility-Lansing
$5.15/SF/Year
22,160 SF
17414 Railroad
$7.50/SF/Year
1,000 - 15,295 SF
B&L Investments
$5.00 - $6.37/SF/Year
1,250 - 12,600 SF

The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.

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Industrial Property For Sale - 17035 Burnham Ave.

17035 Burnham Ave., Lansing, IL, 60438