Automotive Service Facility with
19560 Burnham Avenue Lynwood, IL 60411
19560 Burnham Avenue, Lynwood, IL, 60411
$550,000
For Sale
$550,000
Automotive service facility with six drive-in bays and parking, located across from Lansing Municipal Airport.
Property Size6,761 SF
Lot Size0.62 Acres
Price / SF$81.35
Days on Market54
Property Features for 19560 Burnham Avenue
General Information
- Standard status
- Active
- Size
- 6,761 SF
- Lot size
- 0.62 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1970
Listing agency
RAINES REALTY LTD.
(312) 953-5780
Listed by
DENISE RAINES · License #471018566
Source
Corcoran
Added: May 29 Updated: Jul 21 at 1:35AM Checked: Jul 21 at 5:16AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RAINES REALTY LTD.
Investment Insights
Based on property information with market context.
The property is a 6,761 SF automotive service facility built on approximately 0.62 acres across two PINs. The building includes six drive-in service bays, ample parking, and space that could support outdoor storage based on the site layout. The property is currently occupied and generating income.
The site is located directly across from Lansing Municipal Airport, with frontage and visibility along Burnham Avenue. It is near the intersection of Burnham Avenue and Glenwood Lansing Road, and the area provides convenient access to I-94, I-80, I-294, and Route 83.
As an income-producing automotive investment, the facility’s drive-in bay configuration supports service operations, and the current occupancy offers a starting point for continued income generation through tenant retention and lease adjustments.
The site is located directly across from Lansing Municipal Airport, with frontage and visibility along Burnham Avenue. It is near the intersection of Burnham Avenue and Glenwood Lansing Road, and the area provides convenient access to I-94, I-80, I-294, and Route 83.
As an income-producing automotive investment, the facility’s drive-in bay configuration supports service operations, and the current occupancy offers a starting point for continued income generation through tenant retention and lease adjustments.
Key Highlights
- 6,761 SF automotive service facility on approx. 0.62 acres in the Burnham Commercial Subdivision of Lynwood, IL (2 PINs)
- Six drive‑in service bays plus ample parking
- Currently occupied and generating income
Local Financial Insights For Industrial
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $43.8k | $6.48 |
| − Vacancy | −$2.2k | −$0.33 |
| EGI | $41.6k | $6.15 |
| − OpEx | −$12.5k | −$1.84 |
| NOI | $29.1k | $4.30 |
6,761 SF · lease $6.48/SF/yr · vacancy 5.10% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.34M
$1.17M – $1.56M
NOI $93,844 @ 7.0% cap · market cap 17.06%
Second Best
Industrial
$415.8K
$363.8K – $485.1K
NOI $29,104 @ 7.0% cap · market cap 5.29%
Theoretical Best
Office A
$2.33M
$2.04M – $2.72M
NOI $163,399 @ 7.0% cap · market cap 29.71%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
JoJo King Auto ...
Auto Repair Shop
U-Haul Neighborhood Dealer
Car Rental Facility
Intoxalock Ignition Interlock
Building Supply
ATL TOTAL CAR ...
Auto Repair Shop
Lynwood,IL Water Tower
Water Utility Company
Similar For Sale Nearby
Similar Off Market Nearby
- JoJo King Auto Clinic (DBA) ATL Auto Clinic Lynwood IL. — 19560 Burnham Ave, Lynwood, IL 60411
- F.T. Collision — 19850 Burnham Ave, Lynwood, IL 60411
- Competition Transmission — 19530 Green Bay Ave, Lynwood, IL 60411
- ATL TOTAL CAR CARE — 19560 Burnham Ave, Lynwood, IL 60411
FAQs
What type of property is this?
Auto shop - Automotive service facility with six drive-in bays and parking, located across from Lansing Municipal Airport.
Where is this auto shop located?
The property is located at 19560 Burnham Avenue Lynwood, IL.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: 6,761 SF automotive service facility on approx. 0.62 acres in the Burnham Commercial Subdivision of Lynwood, IL (2 PINs); Six drive‑in service bays plus ample parking; Currently occupied and generating income
