4300 Amelia Ave Lyons, IL 60534
Lyons AreaEstimated payment $4,612/month
Total Views
47,326
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Beds
--
Baths
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Sq Ft
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Price per Sq Ft
About This Home
Here is your chance to build significant equity with this unique mixed-use commercial/residential property offering endless possibilities. The current owner has been in discussions with the Village regarding a proposed conversion to a 5-unit multifamily residential building, consisting of: Two 2-bedroom, 1-bath units. Two 1-bedroom, 1-bath units. One spacious 3-bedroom, 2-bath unit. The future owner has the flexibility to continue the conversion process and capitalize on the property's income potential or maintain its existing mixed-use configuration to suit their own business or investment goals. Whether you're a developer, investor, or entrepreneur looking for your next project, this property presents a rare opportunity to create substantial value and maximize returns in a growing market. Bring your vision and unlock the full potential of this exceptional investment. Attorney hired to appeal taxes.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $21,476
Year Built
- Built in 1931
Home Design
- Brick Exterior Construction
Additional Features
- 2-Story Property
- Lot Dimensions are 100x143x172
- Forced Air Heating System
Community Details
Overview
- 5 Units
Building Details
- Electric Expense $600
- Fuel Expense $1,000
- Insurance Expense $4,000
- Other Expense $1,000
- Trash Expense $1,500
- Water Sewer Expense $4,000
- Operating Expense $33,576
- Gross Income $106,200
- Net Operating Income $72,624
Map
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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 | $23,616 | $40,533 | $4,043 | $36,490 |
| 2024 | $21,476 | $71,010 | $12,909 | $58,101 |
| 2023 | $12,962 | $71,010 | $12,909 | $58,101 |
| 2022 | $12,962 | $35,681 | $4,922 | $30,759 |
| 2021 | $12,287 | $35,679 | $4,921 | $30,758 |
| 2020 | $12,345 | $35,679 | $4,921 | $30,758 |
| 2019 | $13,838 | $35,941 | $3,867 | $32,074 |
| 2018 | $6,972 | $18,520 | $3,867 | $14,653 |
| 2017 | $6,710 | $18,520 | $3,867 | $14,653 |
| 2016 | $10,089 | $25,918 | $3,163 | $22,755 |
| 2015 | $4,397 | $11,549 | $3,163 | $8,386 |
| 2014 | $7,313 | $19,902 | $3,163 | $16,739 |
| 2013 | $7,239 | $21,261 | $3,163 | $18,098 |
Source: Public Records
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 |
|---|---|---|---|---|
| 06/19/2026 06/19/26 | For Sale | $499,900 | -- | -- |
Source: Midwest Real Estate Data (MRED)
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 | $290,000 | Chicago Title |
Source: Public Records
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 | $397,241 | FHA |
Source: Public Records
About the Listing Agent
I'm an expert real estate agent with Leader Realty, Inc. in Bensenville, IL and the nearby area, providing home-buyers and sellers with professional, responsive and attentive real estate services. Want an agent who'll really listen to what you want in a home? Need an agent who knows how to effectively market your home so it sells? Give me a call! I'm eager to help and would love to talk to you.
Pawel's Other Listings
Source: Midwest Real Estate Data (MRED)
MLS Number: 12673103
APN: 18-01-301-004-0000
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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