Eco Friendly
Address
19560 Burnham Avenue Lynwood, IL
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
3
Year Built
AVG 1973
1970
Walkscore
AVG 46
31
Data Provided by Walkscore ® not using MLS data