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!
MLS# | 12146144 |
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Listing Type | For Sale |
Style | Mixed Use |
Sub-Type | Resale |
Status | Active |
Year | 1919 |
Days On Site | 176 |
Listing Provided By | Dolejs Realty & Management | Richard Dolejs |
Story(s) | 2 |
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Units | 5 |
Zoning | COMMR |
State | IL |
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County | Cook |
City | Lyons |
Zip Code | 60534 |
Area | Lyons |
Listing VS Median (in 60534) | |
Price: $550,000 low | high Med: $258,900 On Site: 176 low | high Med: 45.500000 |