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Key Details
Sold Price $360,000
Property Type Commercial
Sub Type Bus / Bus w/Real Est
Listing Status Sold
Purchase Type For Sale
Square Footage 1,340 sqft
Price per Sqft $268
MLS Listing ID 11123063
Sold Date 12/21/21
Annual Tax Amount $15,184
Tax Year 2019
Lot Dimensions .031 ACRES
Property Sub-Type Bus / Bus w/Real Est
Property Description
Investment Opportunity in the heart of Lansing! This building is being sold with the commercial property located at 3427 Lake St, Lansing, IL. Packaged together for sale is a long established, successful floral business that includes a 1340 sf retail unit with frontage on Ridge Road, a separate workshop with attached greenhouse, delivery truck and 2-unit apartment building. Current income from the floral business has already increased by over 50% from previous year! Rental rates for the 2-unit apartment building are below market and tenants are on a MTM lease. Great turnkey business for the right investor! Floral business can operate from the workshop and greenhouse alone, and you can rent out the retail unit separately for a minimum of $1500/month, adding an extra $18,000 in gross income. Owner is willing to stay on for short period to assist new owner with transition.
Location
State IL
County Cook
Area Lansing
Zoning COMMR
Interior
Cooling Central Air
Fireplace N
Building
Level or Stories 1
Structure Type Brick
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© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Bought with Denise Raines • Weichert, Realtors The Home Team