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Vacant Land Ready For Development
For Sale
$260,000

21587 Lincoln Highway, Lynwood, IL 60411

Cleared land zoned B-3 with multiple development opportunities.

Property SizeContact for details
Days on Market98

Property Features for 21587 Lincoln Highway

General Information

Standard status Active
Property subtype Land or Vacant Lot

Taxes and HOA fees

Annual Taxes $4,020
Listing Agency: FIRST IN REALTY, INC.
Listed By: SARAH MALBURG · License #898637
Source: Corcoran
Added: May 21 Changed: Aug 25 Last Checked: Aug 25 at 8:35AM

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 FIRST IN REALTY, INC.

Investment Insights

Based on property information with market context.

This cleared, vacant land is zoned B-3 and suitable for various uses, including restaurants (with or without drive-thru), banks, professional offices, private schools, theaters, bowling alleys, car dealerships, bus stations, convenience stores, tobacco stores, liquor stores, grocery stores, hardware stores, laundry services, salons, or filling stations. The property is positioned at the intersection before entering Indiana from Illinois, or the first intersection upon entering Illinois. The zoning also allows for the construction of a shopping center to accommodate multiple stores. Interested parties are responsible for conducting their own due diligence regarding allowable uses, which can be found in the Lynwood Village Ordinance Book.

Key Highlights

  • Cleared, vacant land ready for development
  • Zoned B‑3, allowing for a wide range of commercial uses
  • Located at the Illinois/Indiana border

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Building Supply Big Box & Wholesale Store Auto Parts Store Parking Lot & Garage Restaurant

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

317
Businesses Nearby

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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Commercial land - Cleared land zoned B-3 with multiple development opportunities.
Where is this commercial land located?
The property is located at 21587 Lincoln Highway Lynwood, IL.
What is the asking price?
The asking price for this property is $260,000.
What are key features of this property?
This property features: Cleared, vacant land ready for development; Zoned B‑3, allowing for a wide range of commercial uses; Located at the Illinois/Indiana border
More about this property
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