Property for Sale: 3125 Glenwood Lansing, Lansing, IL 60438 SOLD

$680,000
$680,000
3125 Glenwood Lansing, Lansing, IL 60438 SOLD
$680,000
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Selling Price: $680,000
Original List Price: $950,000
Sold at 71.6% of list price
Sold Date: 12/23/2024

Type Commercial
Lot Size 4.47 acres
Year Built 1992

City Lansing
County Cook

MLS 11890291
Status Closed
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

Lot & Building Features

Cooling Central Air
Tax Year 2021
Lot Dimensions 240X811 ft

Price History of 3125 Glenwood Lansing, Lansing, IL

Date Name Price Difference
08/07/2024 Price Adjustment $680,000 9.33%
03/25/2024 Price Adjustment $750,000 11.76%
02/28/2024 Price Adjustment $850,000 10.53%
12/31/1969 Listing Price $950,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.
Photo of Bill Biros
Bill Biros
Broker/Owner
Direct: 708-237-7711
Office
3580 W 95th Street
Evergreen Park, IL 60805
708-422-0011
Listed by Re/max Millennium, Vytautas Sruoga
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Midwest Real Estate Data

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: Re/max Millennium