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    OFF-MARKET
    Land

    19758 Stony Is Ave, Lynwood, IL 60411

    4 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional 3.9-acre commercial corner lot in Lynwood, Illinois, presents a remarkable development opportunity. Located at 19758 Stony Island Ave, 60411, this property boasts unparalleled visibility and accessibility, situated just off the expressway and directly across from the Southland Sports Complex and Dream Palace Banquet Hall. The site is zoned B-3 Regional Business District and offers city water and sewer connections already in place. Its strategic location captures significant daily traffic flow to and from Northwest Indiana, making it an ideal investment for a variety of commercial ventures. Consider this location for a drive-thru restaurant, a bank, a drug store, a strip mall, a grocery store, a daycare center, medical offices, a car dealership, or a funeral home. The property's size allows for the development of multiple buildings or a large-scale single development. This is a rare chance to capitalize on a prime location in a pro-growth community just 30 minutes from downtown Chicago. The possibilities are truly endless for this high-traffic, highly visible commercial land parcel. The asking price is $295,000.

    Property profile
    Verified
    Property type Land
    Lot 4 ac (174,240 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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