Lynwood Warehouse For
For Sale
Contact for pricing
21706 E Lincoln Hwy, Lynwood, IL
8,100 sq ft warehouse in Lynwood, Illinois.
Property Size8,100 SF
Lot Size1.71 Acres
Price / SF$141.98
Days on Market399
Property Features for 21706 E Lincoln Hwy
General Information
Standard status
Active
Size
8,100 SF
Lot size
1.71 Acres
Property subtype
INDUSTRIAL
Listing Agency:
McColly Bennett Real Estate
(219) 670-2864
Listed By:
William (Bill) Loy · License #RB17001333
(219) 670-2864
Source:
Moodyscre
Added: Jul 2, 2025
Changed: Jul 6
Last Checked: Jul 21 at 6:38AM
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 Bennett Real Estate
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 For Warehouse
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 | $52.5k | $6.48 |
| − Vacancy | −$2.7k | −$0.33 |
| EGI | $49.8k | $6.15 |
| − OpEx | −$7.5k | −$0.92 |
| NOI | $42.3k | $5.23 |
8,100 SF · lease $6.48/SF/yr · vacancy 5.10% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$604.8K
$529.2K – $705.7K
NOI $42,339 @ 7.0% cap · market cap 3.68%
Second Best
Industrial
$498.1K
$435.9K – $581.1K
NOI $34,868 @ 7.0% cap · market cap 3.03%
Theoretical Best
Office A
$2.80M
$2.45M – $3.26M
NOI $195,759 @ 7.0% cap · market cap 17.02%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
570
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Market
Properties on Market for Warehouses in Cook County
Vacancy Rate% for Industrial in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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 $1,150,000.
What are key features of this property?
This property features: 8,100 sq ft warehouse; Located in Lynwood, Illinois
