2200 198th Pl - Service FOR SALE


Lynwood, IL 60411
$450,000 USD
630-310-9874
2200 198th Pl, Lynwood, IL for Sale
$450,000 USD
Service - FOR SALE
1/6
null | Request Cap Rate

2200 198th Pl
Lynwood, IL 60411


HIGHLIGHTS

  • 5,000 SF Building
  • 6 Drive-in doors (18’w x 16’h)
  • Parking for +/- 30 cars
  • Readily accessible to I-394
  • Owner-user or investment property - current tenants' lease expires in January 2025

OVERVIEW

Owner-user or Investment property consisting of a 5,000-SF building on a 0.48-acre site in Lynwood (Cook County), IL. The building is currently occupied by a long-tenured automotive tenant whose lease expires in January 2025. The 5,000 SF building is located in a residential and commercial neighborhood ½ mile west of Torrence Avenue and 1 mile north of Glenwood Dyer Road in Lynwood and is easily accessible to I-394. The property’s B2 zoning (Neighborhood Commercial Business District) would allow for a number of other uses including professional offices, retail stores, and personal service shops (repair shops, tailor shops, beauty/barber shops, etc.). The building has a masonry exterior with six (6) drive-in doors (18’w x 16’h), office, bath with shower, and 3 phase electric. The 0.48-acre lot accommodates parking for approximately 30 cars.

FOR SALE DETAILS

PRICE

$450,000 USD

PRICE/SF

$90 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Service

ADD'L SUBTYPES

Auto Repair

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1975

UTILITIES

Lighting, Gas, Water, Sewer, Heating

CLEAR CEILING HT

20 Ft

DOCKS

-

DRIVE INS

6

PARKING SPACES

30

LAND DETAILS

LAND ACRES

0.46

LAND SF

20,038

ZONING

B2

APN/PARCEL ID

32-12-410-005-0000

ASK ABOUT THIS PROPERTY

Charlie BerberichLM Commercial Real EstateMore Info
630-310-9874

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Charlie BerberichLM Commercial Real EstateMore Info
630-310-9874

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.