19560 Burnham Ave Lynwood, IL 60411-8750
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.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.