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$ 680,000
$ 700,000 2.9%
Est. payment /mo
Sold on 12/23/2024
3125 Glenwood Lansing RD Lansing, IL 60438
7,560 SqFt
UPDATED:
Key Details
Sold Price $680,000
Property Type Commercial
Sub Type Industrial
Listing Status Sold
Purchase Type For Sale
Square Footage 7,560 sqft
Price per Sqft $89
MLS Listing ID 11890291
Sold Date 12/23/24
Year Built 1992
Annual Tax Amount $46,685
Tax Year 2021
Lot Size 4.470 Acres
Lot Dimensions 240X811
Property Sub-Type Industrial
Property Description
3125 Glenwood Lansing Road in Lynwood, IL. This versatile property boasts a total building size of approximately 7,560 square feet situated on a generous 4.47-acre parcel of land. The primary structure is a meticulously designed industrial warehouse, featuring approximately 1,350 square feet of office space. Building Description: Architecturally designed for expandability, the building showcases a sturdy masonry and metal construction. Inside, the property offers three well-appointed offices, complemented by a spacious front lobby that can be readily converted into additional office space. Amenities include a dedicated kitchen/break room and two well-maintained restrooms. The facility is equipped with central air conditioning for a comfortable working environment. In the warehouse section, you will find a substantial mezzanine area suitable for storage, a warehouse office, and a restroom. A 5-Ton crane enhances the warehouse's operational capabilities. The warehouse area features ceiling fans and forced heated air for optimal functionality. Additionally, an attached storage space on the eastern side of the building boasts three convenient drive-in doors. Security is paramount, as the entire yard is fully fenced with automatic gates. Location: This strategically positioned property is conveniently located less than a mile from major transportation arteries, including I-294/I-94 and IL-394, facilitating easy access to regional and national markets. Zoning and Potential Uses: The property is zoned B-2 (Business Commercial District), opening doors to a wide range of potential uses, including but not limited to: CDL school Self-storage facility RV and boat storage Local utility and public service businesses Contractors' headquarters Motor vehicle service and repair shop Various merchandise retail and warehousing Research and development institution Professional and personal service establishments Outdoor recreation parks and playgrounds Furthermore, the property offers redevelopment potential for a hotel or motel, making it a compelling investment opportunity. (See attached Lansing new use chart) Warehouse Facility Facts: Building Size: 7,560 SF Lot Size: 4.47 AC Year Built: 1974 Power Supply: Amps: 800, Phase: 3
Location
State IL
County Cook
Area Lansing
Zoning COMMR
Interior
Cooling Central Air
Fireplace N
Building
Level or Stories 1
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Listed by Vytautas Sruoga • Re/max Millennium
Bought with Inactive Inactive • Baird & Warner Fox Valley - Geneva
Bought with Inactive Inactive • Baird & Warner Fox Valley - Geneva
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