FOR SALE
$580,000

19560 Burnham Avenue
Lynwood, IL 60411

Other
Residence
6,761
Sq. Ft.
N/A
Acre Lot
1of
Photos
Map
Courtesy: Weichert, Realtors The Home Team
CB Today> Illinois> Lynwood> 60411
We are please to offer this turn-key investment opportunity located in the Burnham Commercial Subdivision of Lynwood, IL. This Single Tenant Net Leased property offers stable and predictable cash-flow with a 7.24% CAP Rate on current income. True NNN Lease with tenant paying all real estate taxes and operating expenses. Property leased for 5 years to automotive franchise operator with (2) additional 5 year options. Well maintained, single story building built in 1960 on 19,470 square foot lot located across from the Lansing Municipal Airport. 2nd PIN/lot included for another 13,940 sf, total of 3/4 acres. Property located near the intersection of Burnham Ave and Glenwood Lansing Road where 24,100 vehicles pass each day. Easy investment to manage!
11038003
Other, 1 Story
Cook
1970
1
Block
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