19560 Burnham Ave - Auto Repair FOR SALE


Lynwood, IL 60411
$550,000 USD
312-953-5780
19560 Burnham Ave, Lynwood, IL for Sale
$550,000 USD
Auto Repair - FOR SALE
1/28
null | 9.65% Cap Rate

19560 Burnham Ave
Lynwood, IL 60411


HIGHLIGHTS

  • 9.65% CAP Rate - Income-Producing Investment Property
  • 100% Occupied - Immediate Cash Flos
  • 6,761 SF Automotive Service Facility on 0.62 Acres
  • B-3 Commercial Zoning
  • (6) Drive-In Service Bays
  • (2) Spray Booths

OVERVIEW

9.65% CAP Rate | Income-Producing Automotive Investment Opportunity Raines Realty Ltd. is pleased to offer this income-producing automotive investment opportunity located in the Burnham Commercial Subdivision of Lynwood, Illinois. The property consists of a 6,761-square-foot automotive service facility situated on two parcels totaling approximately 0.62 acres. The property is currently occupied and generating income, providing investors with immediate cash flow while preserving future upside potential. Strategically located directly across from Lansing Municipal Airport near the intersection of Burnham Avenue and Glenwood Lansing Road, the property benefits from strong visibility and traffic exposure of approximately 24,100 vehicles per day. Automotive facilities of this size and functionality are increasingly difficult to replace due to zoning restrictions, permitting requirements, and rising construction costs. This offering presents an opportunity to acquire a well-located automotive property with immediate income and long-term value potential. The property offers multiple future strategies including continued investment ownership, lease restructuring, tenant retention, re-tenanting, or future owner occupancy.

FOR SALE DETAILS

PRICE

$550,000 USD

PRICE/SF

$81 USD /SF

CAP RATE

9.65%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

ADD'L SUBTYPES

Service Station, undefined

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1970

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.75 AC

LAND SF

32,670 SF

ZONING

B-3

APN/PARCEL ID

33-07-201-042-0000

ASK ABOUT THIS PROPERTY

Denise RainesRaines AdvisorsMore Info
312-953-5780

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Denise RainesRaines AdvisorsMore Info
312-953-5780

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.