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$1,449,000 -$51,000 (-3.4%) Price Reduced
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Property Description
Prime 10.34-acre industrial site located within the corporate limits of the Village of Lansing. Zoned M-1 (Limited Manufacturing), the property offers flexibility for light industrial, warehouse, or commercial development. Significant site evaluations completed, including Environmental PIP, soil testing, topographic survey, and market analysis. Strong location near I-94 and I-294 with convenient access via Torrence Ave. Property lies within a Tax Increment Financing (TIF) district-potential development incentives available through the Village of Lansing. Flat, buildable site with public utilities nearby. Ideal opportunity for industrial or flex development in a growing business corridor. Vacant land - no existing structures. '1900' entered for MLS compliance.
Full Property Details
Full Property Details for 18434 Stony Island Ave
General
- Price: $1,449,000
- Taxes: $383 (2023)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12510105
- Updated: 5/18/2026
- Added to Site: 195 day(s) ago
Location
- Area: Lansing
- County: Cook
- Township: Bloom
- Driving Directions: E of Torrence Ave, S of 183rd St on Stony Island Ave. Easy access from I-94 via Torrence Ave exit
- Location Details: South Suburban
Heating & Cooling
- Cooling Type: None
- Heating Type: None
Utilities
- Onsite: Electricity Nearby, Natural Gas Nearby, Sewer Nearby, Water Nearby
Structural Information
- Year Built: 1900
- Built Before 1978: Yes
Lot Features
- Lot Size (Acres): 10.34
- Lot Size (Sq. Ft.): 463,043
- Lot Dimensions: 10.34 acres
- Zoning: INDUS
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Operating Expenses: $384
- Assessment Year: 1900
- Tax Amount: $383.54
- Tax Year: 2023
Disclosures and Reports
- Property ID: 29361000060000
Listed by OnPath Realty Inc.
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Schools
Schools serving 18434 Stony Island Ave
School Districts:Thornton School District 154, Thornton Township High School District 205
| Name | Grades | Distance |
|---|---|---|
Wolcott School 200 North Wolcott Street, Thornton, IL 60476 | K-8 | 2 mi |
Thornwood High School 17101 South Park Avenue, South Holland, IL 60473 | 9-12 | 2.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 18434 Stony Island Ave
Date
Details
Price
Change
Source
5/18/2026
Price Reduced
$1,449,000
-3.4%
MLS
11/05/2025
Listed
$1,500,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 18434 Stony Island Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$5,865
159%
$18,314
87%
2022
$2,263
2%
$9,793
—
2021
$2,225
-5%
$9,793
—
2020
$2,349
-25%
$9,793
-18%
2019
$3,153
4%
$11,910
—
2018
$3,040
-12%
$11,910
-6%
2017
$3,464
-5%
$12,642
10%
2016
$3,647
10%
$11,499
—
2015
$3,316
1%
$11,499
—
2014
$3,268
-7%
$11,499
-11%
2013
$3,505
1%
$12,880
—
2012
$3,464
—
$12,880
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 18434 Stony Island Ave
18434 Stony Island Avenue, Lansing, IL 60438 (MLS# 12510105) is a Commercial property. 18434 Stony Island Avenue is currently listed for $1,449,000 and was received on November 05, 2025. Want to learn more about 18434 Stony Island Avenue? Do you have questions about finding other Commercial real estate for sale in Lansing? You can browse all Lansing real estate or contact a Coldwell Banker agent to request more information.

