Share This Listing

Message

945 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the brokers for more information about this property

Investment Highlights

  • UPSIDE POTENTIAL
  • HIGH TRAFFIC COUNTS
  • STRATEGIC LOCATION
  • STRONG DEMOGRAPHICS

Executive Summary

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the industrial building located at 2800 Bernice Road in Lansing, Illinois (the “Property”). The Property contains a total of 114,352 square feet of gross leasable area on 6.08-acres of land spread over three (3) individual tax lots. The Property is comprised of twenty-five (25) units and is 72% leased to a complimentary mix of industrial and flex tenants.
The Property offers significant upside through the lease up of the vacant space and by restructuring month-to-month tenancies with below market rents to market rates. The Property is located along Bernice Road offering quick and convenient access to Torrence Avenue and Interstate 80/94, the area’s primary commercial and commuter corridors. Positioned within Chicago’s highly sought-after South Suburban industrial corridor, the Property sits in one of the most significant logistics and distribution markets in the United States and benefits from immediate access to Interstate 80/94, Interstate 294, Illinois Route 394, and numerous major freight corridors, providing exceptional connectivity to the greater Chicago metropolitan area, Northwest Indiana, and national transportation networks.
Lansing is a well-established suburban community within the greater Chicago metropolitan area and is situated approximately 25 miles south of downtown Chicago and just north of the Indiana border.

Property Facts

Price $2,500,000
Price Per SF $21.86
Sale Type Investment
Cap Rate 19.21%
Property Type
Industrial
  • Industrial Warehouse
Building Class C
Lot Size 6.08 AC
Rentable Building Area 114,352 SF
No. Stories 1
Year Built 1960
Clear Ceiling Height 18’
Zoning B2 - Business District

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • Axles Etc Inc
  • Services
  • -
  • -
  • -
  • -
  • B & L Investments
  • Real Estate
  • 3,000 SF
  • -
  • -
  • -
  • Bobby Vee's Reconditioned Appliances
  • Services
  • -
  • -
  • -
  • -
  • Collision Repair
  • Services
  • 4,800 SF
  • -
  • Plus Utilities
  • Jun 2016
  • HBM Electro
  • Manufacturing
  • -
  • -
  • -
  • -
  • Mike's Amusements, Inc
  • Arts, Entertainment, and Recreation
  • -
  • -
  • -
  • -
  • Painting and Decorating
  • Services
  • 2,450 SF
  • -
  • Plus Utilities
  • Jun 2016
  • Services
  • 5,000 SF
  • -
  • -
  • -

Precision Garage Door Service began in 1985 as a franchise network for garage door service and repair. The company provides residential garage door repair and installation, opener repair, new doors, parts, and related service, and also offers commercial garage door maintenance and repair. Precision Garage Door Service operates through locally owned, independently operated franchises and is part of the Neighborly family of home service brands. The business emphasizes trained technicians, upfront pricing, and flexible appointment options within a broad franchise system.

  • Quastid Solutions
  • Construction
  • 2,400 SF
  • -
  • Plus Utilities
  • -
  • The Complete Auto Repair Shop LLC
  • Services
  • 6,840 SF
  • -
  • Plus Utilities
  • Sep 2017
Tenant Industry SF Occupied Rent/SF Lease Type Lease End
Axles Etc Inc Services - - - -
B & L Investments Real Estate 3,000 SF - - -
Bobby Vee's Reconditioned Appliances Services - - - -
Collision Repair Services 4,800 SF - Plus Utilities Jun 2016
HBM Electro Manufacturing - - - -
Mike's Amusements, Inc Arts, Entertainment, and Recreation - - - -
Painting and Decorating Services 2,450 SF - Plus Utilities Jun 2016
Services 5,000 SF - - -
Quastid Solutions Construction 2,400 SF - Plus Utilities -
The Complete Auto Repair Shop LLC Services 6,840 SF - Plus Utilities Sep 2017
Fairly walkable
40/100
Exceptionally drivable
100/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 30-30-215-097-0000
  • 30-30-123-015-0000
  • 30-30-123-016-0000
  • 30-30-123-014-0000
Land Assessment
$200,887
Improvements Assessment
$296,123
Total Assessment
$497,010
  • Listing ID: 40886389

  • Date on Market: 6/11/2026

  • Last Updated:

  • Address: 2800 Bernice Rd, Lansing, IL 60438

Your message has been sent.
Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}