Listing Agency: Keller Williams Preferred Realty j***@kw.com Show Phone

Listed By: Jinger Bartolini · License #IL 475.162335

Source: Crexi

Added: Apr 11 Changed: Aug 29 Last Checked: Aug 29 at 5:07PM

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Investment Insights

Based on property information with market context.

This industrial property contains three units, all occupied by a single renter. The tenancy has continued for more than 12 years, and the current lease extends for another three years.

The property is located at 2200 198th Pl in Lynwood, Illinois.

Key Highlights

• Three industrial units leased to one renter
• Current lease has 3 years remaining
• Single renter has occupied the property for 12+ years

Property Analytics

Property Profile

Current Use

Shepps Automotive Car Dealership INTERNET AUTOTECHS INC Auto Repair Shop

Suggested Use

Top Pick Real Estate Agency Law Firm Hair Salon Restaurant Pharmacy Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

210

Businesses Nearby

Explore this area Business Placement

Demographics for 60411, IL

53,515

Population

21,382

Households

2.5

Avg Household Size

36

Median Age

22%

College-Educated

87%

High-School Grad

30.7 sq mi

ZIP Area

1,743

Density / Sq Mi

$56,627

Median Household Income

$35,995

Median Earnings

$1,156

Median Rent

$148,200

Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019

4.9% 2020

3.6% 2021

3.1% 2022

4.6% 2023

5% 2024

4.9% 2025

Questions? Ask Rey

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What type of property is this? Where is this industrial properties located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Industrial property - All units are leased to one occupant under a lease with three years remaining.

Where is this industrial property located?

The property is located at 2200 198th Pl Lynwood, IL.

What are key features of this property?

This property features: Three industrial units leased to one renter; Current lease has 3 years remaining; Single renter has occupied the property for 12+ years