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Fully Leased Strip Mall
For Sale
Contact for pricing
Pending

20630 Torrence Ave, Lynwood, IL 60411

Multi-tenant retail property with a separate restaurant building, kitchen equipment, patio deck, basement storage, and office space.

Property SizeContact for details
Days on Market141

Property Features for 20630 Torrence Ave

General Information

Standard status Pending
Property subtype Retail
Listing Agency: Coldwell Banker Commercial NRT Glenview
Listed By: Khurram Qureshi · License #IL471009552
Source: Crexi
Added: Apr 12 Changed: Aug 30 Last Checked: Aug 30 at 1:20AM

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 Coldwell Banker Commercial NRT Glenview

Investment Insights

Based on property information with market context.

This approximately 3-acre commercial property includes a fully leased strip mall with five tenants and parking serving the center. A separate outlot building operates as the Mae Que House restaurant and bar grill, adding a second commercial component to the property.

The restaurant building includes a full kitchen with equipment, a partially covered 30-by-60-foot deck-patio, a full basement for storage, and second-floor office space. The upper level may be converted to living quarters subject to village approval. The property is located at 20630 Torrence Ave in Lynwood, Illinois.

Key Highlights

  • Approximately 3 acres with a fully leased strip mall
  • Main center includes five tenants and ample parking
  • Mae Que House restaurant/bar grill on the outlot

Property Analytics

Current Use

Lynwood Wine & Spirits Specialty Food Shop

Suggested Use

Top Pick Real Estate Agency Hair Salon HVAC Service Nail Salon Law Firm Auto Parts Store

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

130
Businesses Nearby
12k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
Mobil Shops & Services
12,482 visits/mo 0.3 miles

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 Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Strip mall - Multi-tenant retail property with a separate restaurant building, kitchen equipment, patio deck, basement storage, and office space.
Where is this strip mall located?
The property is located at 20630 Torrence Ave Lynwood, IL.
What are key features of this property?
This property features: Approximately 3 acres with a fully leased strip mall; Main center includes five tenants and ample parking; Mae Que House restaurant/bar grill on the outlot
(312) 476-0606 Call to check price and availability
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