3436 Ridge Road 1-5, Lansing, IL 60438
sale
$249,500
|
Office
Courtesy Of Worth Clark Realty
Position your portfolio for immediate returns with this 100% occupied, income-producing commercial office building in one of Lansing's most desirable business corridors. Generating strong, consistent cash flow from day one, this turnkey investment is ideal for both seasoned investors and buyers seeking a quality asset for a 1031 exchange. Strategically located within walking distance of Fox Pointe, the property benefits from excellent visibility, convenient access, and proximity to restaurants, retail, entertainment, and community events that attract steady foot traffic throughout the year. The building also features a private parking lot with four dedicated parking spaces, providing added convenience for tenants and visitors. The property is fully leased with established tenants, allowing a new owner to enjoy immediate income while exploring future value-add opportunities. Buyers may also be eligible to take advantage of City of Lansing facade improvement grant programs (subject to approval), offering the potential to modernize the building's exterior, enhance curb appeal, and further increase property value. Property Highlights: Fully occupied with established tenants - Strong, immediate cash flow - Prime Lansing location within walking distance to Fox Pointe - Private parking lot with 4 dedicated parking spaces - Excellent visibility and accessibility Potential eligibility for City facade improvement grants - Ideal addition to an investment portfolio or a 1031 Exchange. This is a rare opportunity to acquire a stabilized commercial asset in a high-demand location with both dependable income and future upside. Bring your offers-investment opportunities like this don't come along often! Please do not disturb tenants. Showings by appointment only.
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Property Features
- Age: Over 50 Years Old
- Building Units: 5
- Cooling System: Window Unit(s)
- Exterior Type: Brick
- Floors: 1
- MLSID: 12718292
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