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2540 Ridge Road

Lansing, IL 60438
  • $172,500
  • STATUS: Active
  • ON SITE: 44 Days
  • MLS #: 11251557
Price Reduced
UPDATED: 196 min ago
$172,500
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1958
County:
Area:

School Ratings & Info

Description

The property front is 2000 sqft of the building has a reception area, five private offices, kitchennette/break area, and 2 restrooms(1 for clients and 1 for emplyees. The Rear 2nd floor portion has 3 addtional private offiices and a bathroom. the upper level is partially finished and is currently used for storage. There are 2 Gas Forced Air Units. Extensive remodeling, including roof, siding, windows, doors, and interior was done @ 12 years ago. At that time a back up Generator and Security System were also installed. Located on Busy Ridge Road Just east of Torrence Avenue. Near heart of Lansing down the street from Village Hall, Downtown & Memorial Jr. High. According to the 2014 Illinois Department of Transportation, the property sees a daily traffic volume of 3,700 vehicals. Wood Frame Vinyl Siding, Brick Foundation:Block, Concrete Pitched Roof Structure with Shingle Composition Central Air Forced Air Electrical Svcs:Circuit Breakers, 101-200 Amps Fire Protection:Fire Extinguisher/s, Smoke or Fire Protectors # Parking Spaces:15 Misc. Inside:Handicapped Access, Private Restroom/s, Storage Inside, Basement Carpeting & Tile Utilities To Site:Electric, Gas, Sanitary Sewer, Water-Municipal, Water. Please call Listing office 48 Hours prior to Requested Showing time. Listing Agent Must Accompany When Showing. Keys at Listing Office. $3000.00 Earnest Monies Due with approved offer. Tenant currently paying $3,000.00/Month Rent under the last year of 3 year lease that is scheduled to expire 9/30/22

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© 2021 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Carolyn and Hillary Homes | Charles Rutenberg Realty. Based on information submitted to the MRED as of 2021-12-03T23:58:51.28 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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2540 Ridge Road Lansing, IL 60438

  • Price: $172,500
  • Status: Active
  • On Site: 44 Days
  • Updated: 196 min ago
  • MLS #: 11251557
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1958
Built
Neighborhood:
Lansing
County:
Cook
Area:
Lansing
Property Description
The property front is 2000 sqft of the building has a reception area, five private offices, kitchennette/break area, and 2 restrooms(1 for clients and 1 for emplyees. The Rear 2nd floor portion has 3 addtional private offiices and a bathroom. the upper level is partially finished and is currently used for storage. There are 2 Gas Forced Air Units. Extensive remodeling, including roof, siding, windows, doors, and interior was done @ 12 years ago. At that time a back up Generator and Security System were also installed. Located on Busy Ridge Road Just east of Torrence Avenue. Near heart of Lansing down the street from Village Hall, Downtown & Memorial Jr. High. According to the 2014 Illinois Department of Transportation, the property sees a daily traffic volume of 3,700 vehicals. Wood Frame Vinyl Siding, Brick Foundation:Block, Concrete Pitched Roof Structure with Shingle Composition Central Air Forced Air Electrical Svcs:Circuit Breakers, 101-200 Amps Fire Protection:Fire Extinguisher/s, Smoke or Fire Protectors # Parking Spaces:15 Misc. Inside:Handicapped Access, Private Restroom/s, Storage Inside, Basement Carpeting & Tile Utilities To Site:Electric, Gas, Sanitary Sewer, Water-Municipal, Water. Please call Listing office 48 Hours prior to Requested Showing time. Listing Agent Must Accompany When Showing. Keys at Listing Office. $3000.00 Earnest Monies Due with approved offer. Tenant currently paying $3,000.00/Month Rent under the last year of 3 year lease that is scheduled to expire 9/30/22
Exterior Features

Exterior Building Type Aluminum SidingBrick Foundation Details BlockConcrete Perimeter Frontage Type City Street Outdoor Parking 13-18 Spaces Parking Total 15 Roof Composition Roof Structure Pitched

Interior Features

Cooling Central Air Flooring CarpetTileVinyl Heat Ventilation Central Heat/Indiv ControlsForced Air Miscellaneous Inside Private Restroom/SStorage InsideBasement Number Of TLDocks 0

Property Features

Additional Parcels YN No Approximate Age Older Building Area Total 3400 Built Before1978 YN Yes Current Use Commercial Electric Service - 101 To 200 Amps Fire Protection Fire Extinguisher/SCarbon Monoxide Detector(S) Geographic Locale South Suburban Gross Income 33375 Gross Scheduled Income 33375 Leasable Area 3418 Location Mixed Use Area Net Operating Income 28978 Number Of Tenants 1 Operating Expense 4427 Ownership Types Individual Possible Use CommercialSingle Family Property Offered For Sale Only Property Sub Type Office Tax Annual Amount 10479 Tax Year 2020 Tenant Pays Air ConditioningCommon Area MaintenanceElectricityHeatJanitorial ServiceScavengerSewer Total Monthly Income 2750 Township Thornton Type Office/Tech Zoning Commr

Listing information © 2021 Midwest Real Estate Data LLC.
Listing provided courtesy of Bogs Management, Inc..


© 2021 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Carolyn and Hillary Homes | Charles Rutenberg Realty. Based on information submitted to the MRED as of 2021-12-03T23:58:51.28 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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