Property summary
This exceptional 2.43-acre vacant land parcel presents a remarkable investment opportunity in Lynwood, Illinois. Located on the north side of a prime stop-and-go light corner at the intersection of Route 30 (Lincoln Highway) and Route 83 (Glenwood Dyer Road), this property boasts impressive visibility and high traffic counts exceeding 30,000 vehicles daily. The village actively encourages new development, making this site ideal for a variety of commercial uses. Considerable frontage on both major roadways ensures maximum exposure for your business. City water is readily available on-site, and city sewer is anticipated by Winter 2024. A Class 8 tax incentive is also available, further enhancing the financial appeal. The property's strategic location offers easy access to downtown Chicago, approximately 35 minutes away. This site is perfectly suited for retail, fast food, hardware stores, car washes, self-storage facilities, professional offices, or contractor sales and service centers. While this listing focuses on the 2.43-acre parcel priced at $315,000, additional adjacent parcels are available, ranging up to a total of 8+ acres at a discounted price. This presents a unique chance to acquire a significant land holding in a thriving area with strong growth potential.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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