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4.08 Acres Industrial 3120 171Th St Lansing 3120 E 170th St 3,000 SF Industrial Building Lansing, IL 60438 $2,300,000 ($766.67/SF)
Executive Summary
Land Size: ±4.08 Acres
Prime industrial development opportunity with approved plans from the City of Lansing to build::
• Two (2) metal truck repair buildings
• ±12,000 SF total (6,000 SF each)
• Eight (8) drive-in doors per building
• Office build-out included
Incentives
• City support for 6B Property Tax Incentive (10 Years)
• Approx. 60% reduction in real estate taxes
Rare opportunity to acquire entitled industrial land with significant tax advantages in a strong transportation corridor near major expressways and logistics infrastructure.
Prime industrial development opportunity with approved plans from the City of Lansing to build::
• Two (2) metal truck repair buildings
• ±12,000 SF total (6,000 SF each)
• Eight (8) drive-in doors per building
• Office build-out included
Incentives
• City support for 6B Property Tax Incentive (10 Years)
• Approx. 60% reduction in real estate taxes
Rare opportunity to acquire entitled industrial land with significant tax advantages in a strong transportation corridor near major expressways and logistics infrastructure.
Property Facts
| Price | $2,300,000 | Rentable Building Area | 3,000 SF |
| Price Per SF | $766.67 | No. Stories | 1 |
| Sale Type | Owner User | Year Built | 1969 |
| Property Type | Industrial | Tenancy | Single |
| Property Subtype | Truck Terminal | Parking Ratio | 33.33/1,000 SF |
| Building Class | C | No. Drive In / Grade-Level Doors | 1 |
| Lot Size | 4.08 AC | ||
| Zoning | I - Industrial | ||
| Price | $2,300,000 |
| Price Per SF | $766.67 |
| Sale Type | Owner User |
| Property Type | Industrial |
| Property Subtype | Truck Terminal |
| Building Class | C |
| Lot Size | 4.08 AC |
| Rentable Building Area | 3,000 SF |
| No. Stories | 1 |
| Year Built | 1969 |
| Tenancy | Single |
| Parking Ratio | 33.33/1,000 SF |
| No. Drive In / Grade-Level Doors | 1 |
| Zoning | I - Industrial |
Amenities
- Signage
- Yard
- Storage Space
- Air Conditioning
1 1
Property Taxes
| Parcel Number | 30-19-422-018-0000 | Improvements Assessment | $29,934 |
| Land Assessment | $166,106 | Total Assessment | $196,040 |
Property Taxes
Parcel Number
30-19-422-018-0000
Land Assessment
$166,106
Improvements Assessment
$29,934
Total Assessment
$196,040
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4.08 Acres Industrial 3120 171Th St Lansing | 3120 E 170th St
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