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$550,000 Just Listed
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Property Description
We are pleased to present this stable, income-producing investment opportunity located in the Burnham Commercial Subdivision of Lynwood, Illinois. The property is leased to an automotive franchise operator under a true NNN lease, with the tenant responsible for real estate taxes, operating expenses, and property-related costs. The lease offers predictable cash flow with an attractive cap rate based on current income. The tenant has approximately four years remaining on its first option term, with one additional five-year renewal option available. The property consists of a well-maintained, single-story auto repair and painting facility built in 1970, situated on a 32,571 SF lot directly across from the Lansing Municipal Airport. The location benefits from strong visibility near Burnham Avenue and Glenwood Lansing Road, with approximately 24,100 vehicles per day. This is a low-maintenance, easy-to-manage investment with stable tenancy and strong income fundamentals. Owner financing may be considered.
Full Property Details
Full Property Details for 19560 Burnham Ave
General
- Price: $550,000
- Taxes: $15,531 (2024)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12659360
Additional Information
- Security/Safety: Fire Extinguisher(s)
Location
- Area: Lynwood
- County: Cook
- Township: Bloom
- Driving Directions: Glenwood Lansing Road to Burnham, south to property
- Location Details: Industrial Area/Campus
Heating & Cooling
- Cooling Type: Central Air Conditioning, Office Only
- Heating Type: Central Building Heat, Gas
Structural Information
- Construction: Block
- Exterior Const.: Block
- Drive-In Doors: 6
- Stories/Levels: 1
- Square Feet: 6,761
- Current Bldg. Use: Commercial, Automotive
- Year Built: 1970
Unit Information
- # Tenants: 1
Lot Features
- Lot Size (Sq. Ft.): 13,101
- Lot Dimensions: 110 x 177
- Frontage: Public Road
- Zoning: COMMR
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Insurance Fee: $3,426
- Operating Expenses: $3,426
- Security Deposit: Fire Extinguisher/s
- Assessment Year: 1970
- Tax Amount: $15,531.81
- Tax Year: 2024
- Tenant Pays: Air Conditioning, Common Area Maintenance, Electricity, Heat, Janitorial Service, Taxes, Insurance, Repairs, Roof, Scavenger, Structure, Sewer, All Utilities, Trash Collection
Disclosures and Reports
- Documents Avail.: Leases, Existing Survey, Tax Bill
- Property ID: 33072010420000
Listed by Raines Realty Ltd.
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Tax History
Tax History for 19560 Burnham Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$13,636
—
$39,093
—
2023
$13,636
-32%
$39,090
-6%
2022
$20,042
2%
$41,667
—
2021
$19,705
7%
$41,667
—
2020
$18,408
21%
$41,667
22%
2019
$15,177
3%
$34,283
—
2018
$14,667
—
$34,283
—
2017
$14,734
—
$34,283
—
2016
$14,779
2%
$34,285
—
2015
$14,474
1%
$34,285
—
2014
$14,383
10%
$34,285
—
2013
$13,125
2%
$34,285
—
2012
$12,929
—
$34,285
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 19560 Burnham Ave
19560 Burnham Avenue, Lynwood, IL 60411 (MLS# 12659360) is a Commercial property. 19560 Burnham Avenue is currently listed for $550,000 and was received on May 28, 2026. Want to learn more about 19560 Burnham Avenue? Do you have questions about finding other Commercial real estate for sale in Lynwood? You can browse all Lynwood real estate or contact a Coldwell Banker agent to request more information.

