21706 E Lincoln Hwy, Lynwood, IL 60411

Building Details

Year Built 1946 More

Listing Agency: McColly Real Estate

Listed By: William Loy · License IL RB17001333 Show Phone

Source: Liveliferealty

Added: Nov 25, 2025 Changed: Oct 25 Last Checked: Oct 7 at 3:43PM

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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 McColly Real Estate

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Review the available facts, identify missing information and prepare questions for the agent.

What should I ask the agent before proceeding? What information is missing from this listing?

Investment Insights

Based on property information with market context.

This property is an 8,100 square foot warehouse located in Lynwood, Illinois. It is suitable for warehouse and industrial use.

Key Highlights

• 8,100 sq ft warehouse
• Located in Lynwood, Illinois

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$42,339

Cap Rate

4.46%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$846,780 $846.8K

Cap Rate 7%

$604,843 $604.8K

Cap Rate 9%

$470,433 $470.4K

Is this asking price fair?

Market Conditions

NOI Build-Up for 8,100 SF

Gross rent

$52.5K $6.48/SF

− Vacancy

−$2.7K −$0.33/SF

EGI

$49.8K $6.15/SF

− OpEx

−$7.5K −$0.92/SF

NOI

$42.3K $5.23/SF

Area

Cook County, IL

Vacancy

5.10%

Lease Rate

$6.48 /SF/Yr

Expense Ratio

15.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$846,780

Cap Rate 7%

$604,843

Cap Rate 9%

$470,433

Alternative Uses

Best Use

Warehouse

$604.8K

$529.2K – $705.7K (±1% cap)

NOI $42,339 @ 7.0% cap · market cap 4.46%

Second Best

Industrial

$498.1K

$435.9K – $581.1K (±1% cap)

NOI $34,868 @ 7.0% cap · market cap 3.67%

Theoretical Best

Office A

$3.11M

$2.72M – $3.63M (±1% cap)

NOI $217,728 @ 7.0% cap · market cap 22.92%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Current Use

Warehouses

Suggested Use

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

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

570

Businesses Nearby

Under-served

Demand for This Use

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

Average Price Trend$/SF for Warehouses in Cook County, IL

$113 Jul

$132 Aug

$124 Sep

$127 Oct

Properties on Market for Warehouses in Cook County

Jul

Aug

Sep

Oct

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

Similar Off Market Nearby

• Heartland Storage - Lynwood — 21686 E Lincoln Hwy, Lynwood, IL 60411

Frequently Asked Questions

What type of property is this?

Warehouse - 8,100 sq ft warehouse in Lynwood, Illinois.

Where is this warehouse located?

The property is located at 21706 E Lincoln Hwy Lynwood, IL.

What is the asking price?

The asking price for this property is $950,000.

What are key features of this property?

This property features: 8,100 sq ft warehouse; Located in Lynwood, Illinois