19560 Burnham Ave Lynwood, IL 60411-8750
Property profile & analytics
19560 Burnham Ave Lynwood, IL 60411-8750
- Auto shops
- 0.45 lot acres
Property ID
US28-5821309
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- JoJo King Auto Clinic (DBA) ATL Auto Clinic Lynwood IL. / Auto Repair Shop
- U-Haul Neighborhood Dealer / Car Rental Facility
- Intoxalock Ignition Interlock / Building Supply / General Contractor
- ATL TOTAL CAR CARE / Auto Repair Shop
- Lynwood,IL Water Tower / Water Utility Company
Property Details for 19560 Burnham Ave
- Year built
- 1960
- Lot size
- 0.45 lot acres
- Property type
- Auto shops
- APN
- 33-07-201-042
- APU
- 3307201042
Description
This exceptional investment opportunity presents a single-tenant, net-leased auto shop in Lynwood, Illinois. The property, located at 19560 Burnham Ave, boasts a 6,761 square foot building on a 0.75-acre lot (32,571 sq ft). Currently occupied by an All Tune and Lube franchisee under a 5-year lease (commencing February 15, 2021, expiring February 14, 2026), with two 5-year renewal options, offering a remaining lease term of approximately 1.2 years. The lease includes annual rent bumps of 5%, with 3% increases for the options. The property features 20 surface parking spaces and benefits from a high traffic count of 24,100 vehicles per day at the nearby intersection of Burnham Ave and Glenwood Lansing Road. The building, constructed in 1970, offers a current Net Operating Income (NOI) of $46,808, resulting in an 8.00% cap rate and a pro-forma cap rate of 8.40%. Real estate taxes are $23,595. The asking price is $585,000, translating to $86.53 per square foot and $19.96 per square foot for land value. The property is zoned commercial and has a Cook County APN of 33072010430000 and 33072010500000. This is a turnkey investment with stable, predictable cash flow, ideal for a passive investor seeking a strong return. The property's location across from the Lansing Municipal Airport further enhances its visibility and accessibility.
Value Estimations
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Lynwood
- County
- Cook
- State
- Illinois
- Longitude
- -87.54
- Latitude
- 41.5402
- CBSA code
- 16980
- CBSA name
- CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$20,042
$29,205
$12,462
$41,667
-
$116,820
$49,848
$166,668
