19560 Burnham Avenue, Lynwood, IL, 60411

Eco Friendly

Address

19560 Burnham Avenue Lynwood, IL

Type

Commercial

Price

$ 580,000

Property Attributes

MLS#11038003
TypeCommercial
CountyCOOK
CityLynwood
AreaLynwood
NeighborhoodWest Lakes
Zip60411
StyleCommercial
Year Built1970
Taxes17369
Price$ 580,000
Bedrooms0
Full Bathrooms0
Half Bathrooms0
Sqr Footage6761

Listing Provided Courtesy Of:

Weichert, Realtors The Home Team

Data Source:

Midwest Real Estate Data LLC

Property Description

We are pleased to offer this turn-key investment opportunity located in the Burnham Commercial Subdivision of Lynwood, IL. This Single Tenant Net Leased property offers stable and predictable cash-flow with a 7.24% CAP Rate on current income. True NNN Lease with tenant paying all real estate taxes and operating expenses. Property leased for 5 years to automotive franchise operator with (2) additional 5 year options. Well maintained, single story building built in 1960 on 19,470 square foot lot located across from the Lansing Municipal Airport. 2nd PIN/lot included for another 13,940 sf, total of 3/4 acres. Property located near the intersection of Burnham Ave and Glenwood Lansing Road where 24,100 vehicles pass each day. Easy investment to manage!

Price History
3/31/2021	Listed $580,000

General Features

Cooling	Central Air, Office Only
Current Use	Commercial
Electric	Circuit Breakers
Property SubType	Automotive
Property Type	Retail/Stores
Property Type	Commercial Sale
Standard Status	Active
Stories	1
Tax Annual Amount	17369
Total Units	1
Township	Bloom
Zoning	COMMR

Exterior Features

Building Area Total	6761
Exterior	Block
Frontage Type	Public Road
Lot Dimensions	110X177
Lot Size Square Feet	13101
Total Parking	20

Room Details

Room	Dimensions	Level	Flooring	Details
Dining Room
Family Room
Living Room
Master Bedroom

Amenities

Foreclosure
Views
Short Sale
New Construction
Adult 55+
Lease To Own
No HOA Fees
Furnished
Master On Main
Air Conditioning
Seller Finance
Green
Fixer Upper
Horse
Golf
Fireplace
Deck
Garage
Basement
Pool

Property vs Zip Code Average in 60411

Price

AVG $450K

$580K

Taxes

AVG $59,174

$17,369

Visits

AVG 200

Year Built

AVG 1973

1970

Walkscore

AVG 46

Data Provided by Walkscore ® not using MLS data

Testimonials

Areas We Cover

The Hilda Jones Team

1557 S. Randall Rd.
Algonquin, IL 60102
847-654-9776

Should you require assistance in navigating our website or searching for real estate, please contact our offices at 847-654-9776.

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