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$249,500 Just Listed
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Property Description
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.
Full Property Details
Full Property Details for 3436 Ridge Rd #1-5
General
- Price: $249,500
- Taxes: $11,500 (2023)
- Status: Active
- Type: Office
- Source: MRED
- MLS ID: 12718292
- Updated: Today (7/29/2026)
- Added to Site: Today
Additional Information
- Security/Safety: Fire Extinguisher(s)
Location
- Area: Lansing
- County: Cook
- Driving Directions: Torrence Ave to Ridge Rd East to Property
- Location Details: South Suburban
Heating & Cooling
- Cooling Type: Window Unit(s)
- Heating Type: Central Building Heat, Radiant
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Stories/Levels: 1
- Square Feet: 1,275
- Current Bldg. Use: Commercial
- Year Built: 1964
- Built Before 1978: Yes
Lot Features
- Lot Size (Sq. Ft.): 3,843
- Lot Dimensions: 42 x 89 x 42 x 97
- Frontage: City Street
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Operating Expenses: $22,571
- Security Deposit: Fire Extinguisher/s
- Assessment Year: 1964
- Tax Amount: $11,500
- Tax Year: 2023
- Tenant Pays: Varies by Tenant
Disclosures and Reports
- Property ID: 30321240420000
Listed by Worth Clark Realty
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Schools
Schools serving 3436 Ridge Rd #1-5
| Name | Grades | Distance |
|---|---|---|
Coolidge Elementary School, Lansing, IL 17845 Henry Street, Lansing, IL 60438 | K-5 | 0.4 mi |
Lester Crawl Primary Center 18300 Greenbay Avenue, Lansing, IL 60438 | PK-1 | 0.5 mi |
Memorial Jr High School 2721 Ridge Road, Lansing, IL 60438 | 6-8 | 0.9 mi |
Thornton Fractnl So High School 18500 Burnham Avenue, Lansing, IL 60438 | 9-12 | 0.6 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 3436 Ridge Rd #1-5
Date
Details
Price
Change
Source
7/29/2026
Listed
$249,500
—
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 3436 Ridge Rd #1-5
Year
Property Taxes
Change
Tax Assessment
Change
2023
100%
$41
—
2022
100%
$41
—
2021
100%
$41
—
2020
100%
$41
—
2019
—
$41
—
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 3436 Ridge Rd #1-5
3436 Ridge Road #1-5, Lansing, IL 60438 (MLS# 12718292) is a Office property. 3436 Ridge Road #1-5 is currently listed for $249,500 and was received on July 29, 2026. Want to learn more about 3436 Ridge Road #1-5? Do you have questions about finding other Office real estate for sale in Lansing? You can browse all Lansing real estate or contact a Coldwell Banker agent to request more information.

