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120 W Allegan St; Lansing, MI Property Details

120 W Allegan St, Lansing, MI is a Office Bldg (General) that was built in 1931. This property is currently Bank Sale and is not for sale. Our records show that 120 W Allegan St has a total of 185,190 square feet. The lot size of 120 W Allegan St is 17,990 square feet.

Off market
120 W Allegan St Lansing, MI 48933
$12,007,400 Estimated Value
185,190 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1931
  • Purchase Price: $11,250,000
  • Open Loans / Balance: 2 / $382,630
  • APN: 33-01-01-16-325-012
  • Situs County: Ingham
  • Length Of Ownership: 28 years, 3 months

Structure

  • Building Style: Steel
  • Floor Cover Type: Ceramic
  • Stories: 23
  • Interior Wall Type: Wood
  • Building Condition: Good
  • Building Quality: B
  • Roof Type: Prestress Concrete
  • Roof Cover Type: Built-up
  • Sewer Type: Municipal
  • Water Source: Yes

Measurements

  • Total: 185,190/SqFt
  • Lot: 17,990/SqFt
  • Gross: 185,190/SqFt
  • Living: 8,052/SqFt
  • Basement: 33,520/SqFt
  • Building: 185,190/SqFt
  • Ground: 8,052/SqFt
  • Basement Unfinished: 33,520/SqFt
  • Price Per Square Foot: $60.75

Legal Description

  • Description: LOTS 6 & 7 BLOCK 110 ORIG PLAT
Building Insights

Land Information

  • Property Type: Office Bldg (General)
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Lansing Public School District
  • Lat / Lon: 42.732845 / -84.55348
  • Subdivision: Orig Plat
  • Property Class: Office
  • Zoning: G-1 BUS
  • County Use Code: 201

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 1548
  • Heating: Hot Water

Ownership Info

120 W Allegan St has no associated ownership info
120 W Allegan St has no associated ownership info.

Taxes

120 W Allegan St has 10 associated Taxes items

120 W Allegan St, Lansing, MI pays taxes in Ingham County, MI. The most recent tax assessment records are from 2026 and show that the current assessed value of the property is $12,007,400. The APN we've located for 120 W Allegan St is 33-01-01-16-325-012.

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Taxes
  • Assessed Value:  $12,007,400
  • Assessed Year:  2026
  • Assessed County:  Ingham
  • APN:  33-01-01-16-325-012
  • Assessed Land Value:  57500
  • Market Land Value:  115000
  • Tax Amount:  672475
  • Tax Year:  2025
  • Market Value:  24014800
  • Market Year:  2026

Tax History

120 W Allegan St has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $12,007,400 Land Value $57,500 Improvement Value $11,949,900 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $672,475 Change Rate +0.031722% Assessed CR Tax Rate
Year 2024 Assessed Value Land Value Improvement Value Tax Amount $651,798.94 Change Rate +0.063599% Assessed CR Tax Rate
Year 2023 Assessed Value $12,994,400 Land Value $89,800 Improvement Value $12,904,600 Tax Amount $612,824 Change Rate +0.143971% Assessed CR Tax Rate +0.047161%
Year 2022 Assessed Value $12,418,300 Land Value $139,300 Improvement Value $12,279,000 Tax Amount $535,698.88 Change Rate +0.023605% Assessed CR Tax Rate +0.043138%
Year 2021 Assessed Value $12,487,400 Land Value $139,300 Improvement Value $12,348,100 Tax Amount $523,345.31 Change Rate +0.047717% Assessed CR Tax Rate +0.04191%
Year 2020 Assessed Value $11,911,100 Land Value $139,300 Improvement Value $11,771,800 Tax Amount $499,510.25 Change Rate +0.031569% Assessed CR Tax Rate +0.041937%
Year 2019 Assessed Value $10,701,900 Land Value $139,300 Improvement Value $10,562,600 Tax Amount $484,223.69 Change Rate +0.070796% Assessed CR Tax Rate +0.045247%
Year 2018 Assessed Value $8,103,100 Land Value $139,300 Improvement Value $7,963,800 Tax Amount $452,209.22 Change Rate +0.023779% Assessed CR Tax Rate +0.055807%
Year 2017 Assessed Value $8,103,100 Land Value $139,300 Improvement Value $7,963,800 Tax Amount $441,705.94 Change Rate Assessed CR Tax Rate +0.054511%
Year 2016 Assessed Value $7,892,100 Land Value $139,300 Improvement Value $7,752,800 Tax Amount Change Rate Assessed CR Tax Rate
Year 2015 Assessed Value $7,240,500 Land Value $278,520 Improvement Value $6,961,980 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $6,172,800 Land Value $278,520 Improvement Value $5,894,280 Tax Amount $425,152.12 Change Rate Assessed CR Tax Rate +0.068875%