$550,000
( )
 $2,953 est/mo Sourced by Back At You

4238 Joliet Avenue , Lyons, IL 60534

Lyons, IL 60534

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Description

Prime Investment Opportunity in the Heart of Lyons! This brick/frame mixed-use building presents an excellent investment opportunity. It features three apartments and two storefronts, housing a total of six tenants, including a rented two-car garage. Adjacent to the property is a substantial vacant land parcel, with zoning to be determined by the village. Taxes reflect both parcels. 2R: Spacious 3 bed, 1 bath unit with a duplexed attic leading to the roof. 2F: Comfortable 2 bed, 1 bath unit. 1R: Cozy 2 bed, 1 bath unit with basement access. 4236 Storefront: Currently an office space. 4238 Storefront: Currently a beauty shop. The lot with the building totals 5,890 sq ft, with the building itself covering 4,298 sq ft. The adjacent vacant land lot is 5,878 sq ft. The building is fully rented, offering significant income potential. Additionally, there are three exterior parking spaces. The property is professionally managed, ensuring smooth operations and maintenance. The property is being sold in AS-IS condition, with the buyer to assume any village compliance repairs if necessary. Don't miss out on this unique chance to own a versatile property in a prime location!

Details

MLS#12146144
Listing TypeFor Sale
StyleMixed Use
Sub-TypeResale
StatusActive
Year1919
Days On Site176
Listing Provided ByDolejs Realty & Management | Richard Dolejs

Features

Story(s)2
Units5
ZoningCOMMR
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Learn More About This Property

StateIL
CountyCook
CityLyons
Zip Code60534
AreaLyons
Listing VS Median (in 60534)
Price:
$550,000
low | high
Med:
$258,900
100% of Average
On Site:
176
low | high
Med:
45.500000
100% of Average
Sourced by Back At You
Listing Updated: January 21, 2025 at 12:42:47 PM PST