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    21924 E Lincoln Hwy Lynwood, IL 60411

    For Sale
    $225,000

    Commercial Sale - Lynwood, IL

    Days on Market:
    13
    Last Refresh:
    Dec 13 at 11:06 am

    Property Features for 21924 E Lincoln Hwy

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    33291000280000

    Utilities

    Cooling system
    Multi Units, Window Unit(s)

    Building Details

    Year built
    1935
    Number of units
    4
    Architectural style
    Other

    Keller Williams Preferred Realty (708) 798-1111 [email protected]

    Listing agent Jamie Lemmons-Svoboda (708) 798-1111 License #475162394

    Listing date Dec 1, 2025

    MLS# 12505751 Listing URL

    Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Historic Lynwood Live/Work Opportunity

    This historic all-brick residence, along with an adjacent commercial property, presents a live/work opportunity. Formerly used as a two-unit or single-family home with an in-law setup, the property features a solid exterior and a spacious layout. The property is located in Lynwood, Illinois, and is being sold as is. This property offers potential for investors, entrepreneurs, or visionaries to bring new life to a classic structure. With some creativity and renovation, this could become the perfect blend of home and business in one convenient location.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Hill ASAP Alcoholism Treatment Program

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lynwood
    County
    Cook
    State
    Illinois
    Longitude
    -87.5294679
    Latitude
    41.4968034

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    FAQs

    What type of property is this?
    Mixed-use property - Unique live/work opportunity in Lynwood, sold as is.
    Where is this mixed-use property located?
    The property is located at 21924 E Lincoln Hwy Lynwood, IL.
    What is the asking price?
    The asking price for this property is $225,000.
    What are key features of this property?
    This property features: - Live/work opportunity with adjacent commercial property.; - Historic all-brick residence.; - Potential for investors, entrepreneurs, or visionaries.
    (708) 798-1111
    Request Owner's contact information
    21924 E Lincoln Hwy Lynwood, IL 60411
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    Lynwood, IL 60411
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    21924 E Lincoln Hwy Lynwood, IL 60411
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