Your email has been sent.
18434 Stony Island Ave - VACANT LAND - 10 Acres 10.34 Acres of Commercial Land Offered at $1,500,000 in Lansing, IL 60438
INVESTMENT HIGHLIGHTS
- 10.3-acre M-1 zoned industrial lot – flat, completed environmental and soil studies included
- Excellent access to I-94 and I-294 in established South Cook County industrial corridor
- Located in TIF district offering potential development incentives
FINANCIAL SUMMARY (ACTUAL - 2023) |
ANNUAL | ANNUAL PER AC |
|---|---|---|
| Taxes |
$384
|
$37.14
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$384
|
$37.14
|
FINANCIAL SUMMARY (ACTUAL - 2023)
| Taxes | |
|---|---|
| Annual | $384 |
| Annual Per AC | $37.14 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Total Expenses | |
|---|---|
| Annual | $384 |
| Annual Per AC | $37.14 |
PROPERTY FACTS
| Price | $1,500,000 | Property Subtype | Commercial |
| Sale Type | Investment or Owner User | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 10.34 AC |
| Property Type | Land | ||
| Zoning | M1 - Limited Manufacturing | ||
| Price | $1,500,000 |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 10.34 AC |
| Zoning | M1 - Limited Manufacturing |
1 LOT AVAILABLE
Lot
| Price | $1,500,000 | Lot Size | 10.34 AC |
| Price Per AC | $145,067.70 |
| Price | $1,500,000 |
| Price Per AC | $145,067.70 |
| Lot Size | 10.34 AC |
10.3-acre M-1 zoned industrial lot in Lansing, IL. Flat, build-ready site located in a TIF district with excellent access to I-94 and I-294. Suitable for a variety of commercial or industrial uses.
DESCRIPTION
A strategically located ±10.3-acre parcel positioned in one of Chicago’s most accessible south suburban corridors. The property is zoned M-1, allowing a wide variety of light industrial and commercial uses. Its large, flat configuration provides an efficient foundation for new construction, while its placement within a Tax Increment Financing (TIF) district may offer development incentives subject to Village approval. Significant site evaluations have already been completed, including: - Environmental PIP Report - Soil Testing - Topographic Survey - Market Analysis The property benefits from excellent access to major transportation routes, with nearby connectivity to I-94 and I-294 via Torrence Avenue. It’s ideally situated for light manufacturing, warehousing, or other commercial operations requiring both visibility and accessibility. Preliminary discussions with the Village have indicated openness to a range of light industrial and commercial uses, subject to zoning and development review. The property’s position within an established business district, alongside compatible industrial and commercial neighbors, ensures ongoing market viability and operational synergy for future occupants.
PROPERTY TAXES
| Parcel Number | 29-36-100-006-0000 | Total Assessment | $2,392 (2024) |
| Land Assessment | $2,392 (2024) | Annual Taxes | $384 |
| Improvements Assessment | $0 (2024) | Tax Year | 2023 |
PROPERTY TAXES
Presented by
18434 Stony Island Ave - VACANT LAND - 10 Acres
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.