HSC investor offering
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AvailableLynwood, IllinoisResidential Rehab Opportunity
2869 Glenwood Lansing Rd
Lynwood, IL 60411
Space To Reimagine
A Spacious Lynwood Value-Add.
Bring your renovation plans to this spacious property featuring approximately 2,447 square feet, a large 23,173 square foot lot, and a detached two car garage.
The current layout offers three bedrooms and two bathrooms, including an upstairs living area with a separate entrance, kitchen, bedroom, and bathroom. There’s room to explore a redesigned layout, subject to village approval.
Zoning and property records
The Village of Lynwood confirmed the current zoning as R1A, single-family dwelling, on October 13, 2026. County tax records separately classify the property as two apartments. That tax classification does not determine zoning or establish approved two unit use.
A zoning change requires review before the Zoning Board. The village estimates that the process usually takes about three months; timing and approval are not guaranteed. Buyers should confirm their intended use, occupancy, renovation plans, and required permits with the village.
Contact HSC for additional details or to schedule a showing.
County records show four bedrooms, compared with the current three-bedroom layout. The $6,604 annual tax figure is the historical 2024 amount, not a post-rehab projection.
Bedrooms3 bedrooms
Bathrooms2 full baths
Living Area2,447 sq ft
GarageDetached · 2 cars
Property Taxes$6,604 / year (2024)
Lot Size23,173 sq ft · ≈ 0.53 acre
Year Built1908
ConstructionFrame / vinyl siding
ZoningR1A, single-family dwelling
Working Investment Snapshot
The Opportunity At A Glance.
After a complete, market-ready rehab
Estimated working rehab allowance
Rehab and resell to an end buyer
The ARV is a preliminary resale estimate, not an appraisal or guaranteed outcome. It assumes a completed rehab and a marketable, permitted layout. No separate income-based valuation has been applied.
Verified Sales
Recent Sales Close To The Property.
Three selected three-bedroom, two-bath closed sales within 1 mile, sold during the past year. Distances are approximate, straight-line measurements.
Not the comp average
Three selected closed sales
Mean of individual sale ratios
2855 Glenwood Lansing Rd
| Comparable | Closed | Sale Price | Bed / Bath | Reported Size | Price / Sq Ft |
|---|---|---|---|---|---|
| 2855 Glenwood Lansing RdSold: $370,000View on Redfin Lynwood, IL 60411 · 0.05 miFrame home; similar upstairs living area. Superior 1.06-acre, two-lot package and 8-car garage. | Aug 11, 2026 | $370,000 | 3 / 2 | 1,865 sq ft | $198 |
| 19520 Lake Lynwood DrSold: $339,700View on Realtor.com Lynwood, IL 60411 · 0.31 miUpdated brick/cedar home with lake frontage and finished lower level; superior setting. | May 1, 2026 | $339,700 | 3 / 2 | 2,100 sq ft | $162 |
| 2847 194th StSold: $308,000View on Redfin Lansing, IL 60438 · 0.05 miRehabbed vinyl-sided ranch with finished basement and detached garage; smaller layout. | Aug 31, 2026 | $308,000 | 3 / 2 | 1,429 sq ft | $216 |
Estimated ARV$355,000Approximately $145 per subject sq ft
The owner-provided $355,000 estimated ARV is a working resale target, not an appraisal or an independently verified valuation. The selected sales provide context; the same-street sale includes an extra lot and 8-car garage. The lakefront sale is supporting context, not a direct equivalent. Size, age, condition, layout, and these superior amenities make a straight price-per-square-foot extrapolation inappropriate.
Property Highlights
Space, Parking, And Flexibility.
✓ Separate upstairs entrance✓ Detached two-car garage✓ Approximately half-acre lot✓ Frame and vinyl siding✓ Crawlspace✓ Natural-gas forced-air heat
Rehab Scope
Plan The Next Chapter.
- Cleanout and rehab of the existing interior
- Plan kitchen, bath, flooring, and finish updates
- Working rehab budget: $125,000–$150,000 for interior, exterior, and building-system work
- Existing photos show current listing condition, not completed improvements
Property Locator
2869 Glenwood Lansing Rd.
Lynwood, IL 60411. The address-matched pin shows the property’s approximate street location.
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