
Estimated payment $11,260/month
About This Home
We are pleased to present this exclusive 12-unit property as part of a 24-unit multifamily portfolio in Lyons, Illinois. The portfolio includes 4337 Prescott Avenue and 7821 43rd Street, located blocks apart, providing streamlined management and operational efficiency. Each property consists of 12 units, offering a mix of four one-bedroom/ one-bathroom units and eight two-bedroom/one-bathroom units, catering to a range of tenant needs. Both properties are fully occupied, offering investors immediate cash flow from a stable tenant base.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $34,000
Year Built
- Built in 1965
Home Design
- Garden Apartment
- Brick Exterior Construction
Bedrooms and Bathrooms
- 20 Bedrooms
- 12 Bathrooms
Additional Features
- 3-Story Property
- Additional Parcels
- Central Heating
Community Details
Overview
- 12 Units
Building Details
- Electric Expense $1,185
- Fuel Expense $5,435
- Insurance Expense $5,155
- Maintenance Expense $4,800
- Manager Expense $10,610
- Other Expense $5,050
- Trash Expense $3,675
- Water Sewer Expense $11,040
- Operating Expense $82,750
- Gross Income $179,628
- Net Operating Income $94,077
Map
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
03/27/2025 03/27/25 | For Sale | $1,520,000 | 0.0% | $117 / Sq Ft |
02/19/2025 02/19/25 | Off Market | $1,520,000 | -- | -- |
01/20/2025 01/20/25 | Price Changed | $1,520,000 | 0.0% | $117 / Sq Ft |
11/08/2024 11/08/24 | For Sale | $1,520,000 | -51.0% | -- |
10/09/2024 10/09/24 | For Sale | $3,100,000 | -- | $238 / Sq Ft |
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Source: Midwest Real Estate Data (MRED)
MLS Number: 12206919

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