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    OFF-MARKET
    Land

    3350 Lincoln Hwy, Lynwood, IL 60411

    2.53 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 2.53-acre vacant land parcel presents a remarkable investment opportunity in Lynwood, Illinois. Strategically located at 3350 Lincoln Hwy, this property boasts prime visibility and accessibility due to its corner location at the intersection of Route 30 (Lincoln Hwy) and Route 83 (Glenwood Dyer Road), experiencing daily traffic counts exceeding 30,000 vehicles. The Village of Lynwood actively encourages new development, making this site particularly attractive for a variety of commercial ventures. City water is readily available on-site, and city sewer access is anticipated by Winter 2024. A Class 8 Tax Incentive is also available, further enhancing the financial appeal of this property. The site's versatility allows for a wide range of potential uses, including retail establishments, fast-food restaurants, hardware stores, medical clinics, car washes, self-storage facilities, professional offices, contractor sales centers, and service locations. Its proximity to downtown Chicago (approximately 35 minutes away) adds to its desirability. Additional adjacent parcels are available, totaling up to 8+ acres, offering opportunities for larger-scale developments. This property represents a unique chance to capitalize on a high-traffic location in a growth-oriented community.

    Property profile
    Verified
    Property type Land
    Lot 2.53 ac (110,207 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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