2215 Bensley Avenue

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2215 Bensley Avenue

Lansing, IL 60438
Asking Price
$349K
Asset Type
Traditional Office Land
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • The land comprises 1.3 acres of developable space.
  • This property is listed for sale at 349000 dollars.
  • The site is designated for traditional office asset use.
  • Lansing is situated within the expansive Chicago metropolitan area.
  • This parcel offers significant potential for custom commercial development.

What's Special

For sale, this 1.3-acre parcel in Lansing, Illinois, provides a strategic development option for investors or developers focused on the traditional office sector. Situated in a suburban environment within the Chicago metropolitan area, the site offers proximity to regional transit corridors and major roadways that facilitate connectivity to the broader Cook County market. The dimensions of the lot accommodate a range of project scales, making it suitable for professional office facilities that require accessibility and visibility in a commercial setting. Lansing maintains a stable industrial and business base, drawing from a regional labor pool that supports suburban office growth. Given the size and location of this land, the asset is well-positioned for build-to-suit projects or corporate site expansion. Developers seeking to establish or grow a footprint in a established suburban submarket will find this property provides a solid foundation for commercial development goals.

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NOI
$80,000
Cap Rate
22.92%
DSCR
3.86
Strong
Cash-on-Cash
56.62%
Monthly Payment
$1,726.662
Annual Cash Flow
$59,280.061

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