1750 Joe Orr Rd Lynwood, IL 60411
- Commercial real estate
- 35.00 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 1750 Joe Orr Rd
- Lot size
- 35.00 lot acres
- Property type
- Commercial real estate
- APN
- 32-13-300-001-0000;32-13-300-002-0000
Description
This exceptional 35-acre industrial land parcel in Lynwood, Illinois, presents a remarkable investment opportunity. Located at 1750 E Joe Orr Rd, this M-2 zoned property boasts an ideal location near major interstates (I-294, I-94, I-80, and I-57), providing unparalleled access to transportation networks. Approved plans exist for the construction of seven 13,832 sq ft warehouses, each featuring six bays, and a substantial 559-space truck parking area. A completed traffic impact study supports the proposed truck parking. The property is free of wetlands. Detailed construction cost estimates and complete architectural plans are available. Projected rental income is substantial, with a pro forma of $42,000 monthly per lot, totaling $3,528,000 annually. The site's proximity to major trucking companies (ABF Freight, FedEx Freight, XPO, and Ford Motor Co.) further enhances its appeal. Additionally, the potential for five billboards along the state road offers an added revenue stream. The asking price is $4,200,000. APN: 32-13-300-001-0000;32-13-300-002-0000. This is a turnkey opportunity for developers and investors seeking a high-return industrial project.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Lynwood
- County
- Cook
- State
- Illinois
- Longitude
- -87.577174
- Latitude
- 41.517975
