3940 Center Ave Lyons, IL 60534
Lyons AreaEstimated payment $2,998/month
Highlights
- 0.28 Acre Lot
- Property is near park
- 3 Car Detached Garage
- Contemporary Architecture
- Corner Lot
- Patio
About This Home
***Multiple offers received - submit highest and best by Saturday evening 8/8 and seller will make decision on Sunday.*** Two-unit multi-family Investment Opportunity and ideal opportunity for an owner-occupant. Both units have 3 bedrooms, 1 bathroom, kitchen, living room and dining room/family room. Second floor unit tenant moving out August 31. First floor unit is vacant and has new vinyl plank flooring in bedrooms. Both units are identical in layout with 1,423 square feet per unit. See attached floor plan. Laundry room in basement common area. The partially finished basement is nonconforming with a living area, flex space, small refrigerator, and a bathroom with shower stall. The door to the finished basement area and unfinished storage space locks for privacy from the common area laundry room. The property features a 3-car detached garage that can be rented out (currently vacant) and a large backyard that is fully fenced for privacy. The property also has 5 private parking spaces for the occupants. The building has a front entry and a back entry. Sump pump replaced July 2026. Estate sale selling AS-IS. This property is close to parks, public transportation, and major highways! One mile from Riverside Metra station. Close to dining and shopping, and two blocks from Cermak Family Aquatic Center!
Listing Agent
Keller Williams Infinity Brokerage Phone: (630) 945-0247 License #475204993 Listed on: 07/30/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,547
Year Built
- Built in 1971
Lot Details
- 12,197 Sq Ft Lot
- Lot Dimensions are 265x49
- Chain Link Fence
- Corner Lot
- Paved or Partially Paved Lot
Parking
- 3 Car Detached Garage
- Parking Available
- Unassigned Parking
Home Design
- Contemporary Architecture
- Brick Exterior Construction
- Asphalt Roof
Bedrooms and Bathrooms
- 6 Bedrooms
- 6 Potential Bedrooms
- 3 Bathrooms
Partially Finished Basement
- Basement Fills Entire Space Under The House
- Sump Pump
- Recreation or Family Area in Basement
- Basement Storage
Utilities
- Heating System Uses Natural Gas
- Lake Michigan Water
Additional Features
- Ceiling Fan
- Patio
- Property is near park
Community Details
- 2 Units
Listing and Financial Details
- Homeowner Tax Exemptions
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $8,675 | $32,000 | $7,128 | $24,872 |
| 2024 | $8,675 | $32,000 | $7,128 | $24,872 |
| 2023 | $8,847 | $32,000 | $7,128 | $24,872 |
| 2022 | $8,847 | $27,773 | $6,199 | $21,574 |
| 2021 | $8,417 | $27,772 | $6,198 | $21,574 |
| 2020 | $8,536 | $27,772 | $6,198 | $21,574 |
| 2019 | $8,777 | $26,225 | $5,578 | $20,647 |
| 2018 | $8,579 | $26,225 | $5,578 | $20,647 |
| 2017 | $8,279 | $26,225 | $5,578 | $20,647 |
| 2016 | $7,085 | $20,698 | $4,958 | $15,740 |
| 2015 | $6,881 | $20,698 | $4,958 | $15,740 |
| 2014 | $6,662 | $20,698 | $4,958 | $15,740 |
| 2013 | $7,053 | $23,345 | $4,958 | $18,387 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/09/2026 08/09/26 | Pending | -- | -- | -- |
| 07/31/2026 07/31/26 | For Sale | $399,900 | -- | -- |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | -- |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $318,750 | Commercial |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12694410
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