Incorporated in 1959 the bedroom community of Lynwood is situated at the edge of Chicagoland's urban sprawl. Located in Cook County, on the Illinois and Indiana border, the Village of Lynwood is about 26 miles south of Chicago. The center of town is about 4 miles from the intersection of I-94 and I-294 giving residents direct access to major expressways heading north to Chicago, east to Indiana, or west toward other Chicago suburbs. Located on the corner of Torrence Ave and 198th street 19801 Torrence Ave is a 0.457 acre, undeveloped parcel of land that sees a daily traffic count of 10,500 along Torrence Ave. 198th Street is a major entrance to residential developments, including the Lake Lynwood subdivision. Across the street is a small strip mall with a convenience store, health center, and barbershop. The population within a 5 mile radius of this land is 54,460, with a median income of $51,600 and the median income of the Village of Lynwood is $64,080. Currently zoned B-3.