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$ 550,000
Est. payment /mo
Active
4238 Joliet AVE Lyons, IL 60534
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12309938
Year Built 1919
Annual Tax Amount $11,002
Tax Year 2023
Lot Dimensions 82X142
Property Sub-Type Mixed Use
Property Description
Investors DREAM!!! This is a Money Maker! 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 being sold in AS-IS condition, with the buyer to assume any village compliance repairs if necessary. This property is a must see, so schedule your appointment Today! This is a very unique opportunity for any investor or end user that wants to own a property and run their business from the location. The vacant lot would have to go in front of the Zoning Board to see if there is potential to build on that parcel of land. The lot is a great place to have social gatherings and enjoy. This property is located on the 4th of July parade route and is in the center of town. 1 block away from Village Parks and all city hall events. This is the perfect location!
Location
State IL
County Cook
Area Lyons
Zoning COMMR
Interior
Cooling None
Fireplace N
Building
Dwelling Type Mixed Use
Level or Stories 2
Structure Type Brick
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Listed by Otis Lazich • Capital Investment Realty Group Inc