19758 Stony Is Ave, Lynwood, IL 60411
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
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