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16767 Torrence Ave
Lansing, IL 60438
Chase Bank · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • Corporate Absolute NNN Lease – 6.5+ Years Remaining - Ground Lease to National Credit Tenant
  • Largest Bank in the Country – $158 Billion in Revenue - 309,926 Employees, 4,700 Branches
  • Huge Upside Through Rent Growth - 10% Increase in Less than 2 Years (Jan 2026)
  • JPMorgan Chase Bank & Co. (NYSE: JPM) - S&P Rated “A+” Investment Grade Credit – S&P 100 Component
  • Chicago, IL Suburb - Located at Signalized Intersection on Torrence Ave near I-94 - 30,200 Cars Per Day on Torrence Ave
  • Phenomenal Demographics - Population of 240,417 in a 5-Mile Radius - 361,762 Daytime Employees in a 20-Min Drive

PROPERTY FACTS

Property Type
Retail
Property Subtype
Freestanding
Building Size
4,214 SF
Building Class
B
Year Built
2009
Tenancy
Single
Building Height
1 Story
Building FAR
0.40
Lot Size
0.24 AC
Zoning
B3 - General Business
Parking
45 Spaces (10.68 Spaces per 1,000 SF Leased)

AMENITIES

  • Freeway Visibility
  • Pylon Sign
  • Signage
  • Drive Thru

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
30-19-300-023-0000
Land Assessment
$1,971
Improvements Assessment
$6,176
Total Assessment
$8,147
  • Listing ID: 31194932

  • Date on Market: 3/12/2024

  • Last Updated:

  • Address: 16767 Torrence Ave, Lansing, IL 60438

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