$1,520,000

4337 Prescott Ave Lyons, IL 60534

Estimated payment $11,260/month

Total Views 21,196
20 Beds
12 Baths
-- Sq Ft
-- Price per Sq Ft

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.

Listing Agent

DS Property Expe Dave & Shelly

eXp Realty, LLC License #475183874

eXp Realty, LLC

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$34,000

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Garden Complex
  • Stories: 3
  • Year Built: 1965
  • Built Before 1978 (Y/N): Yes
  • Information: List Broker Must Accompany,48-Hr Notice Required
  • Estimated Age: Older
  • ResoPropertyType: CommercialSale
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 12
  • Total Bedrooms: 20
  • Room: 0
  • Room: 0
  • Room: 0

Exterior Features

  • Construction Materials: Brick
  • List Price: 1520000

Utilities

  • Heat/Ventilation: Central Bldg Heat

Condo/Co-op/Association

  • Manager Expense: 10610

Fee Information

  • Trash Expense: 3675
  • Water Sewer Expenses: 11040
  • Janitor Expense: 800

Lot Info

  • Additional Parcels: Yes
  • Lot Dimensions: 13504
  • Alternate Phone Number: (773) 230-8055

Rental Info

  • Board Number: 10

Multi Family

  • Net Operating Income: 94077
  • Fuel Expense: 5435
  • Insurance Expense: 5155
  • ElectricExpense: 1185
  • GrossIncome: 179628
  • Maintenance Expense: 4800
  • NumberOfUnitsTotal: 12
  • OperatingExpense: 82750
  • Expense Year: 2024
  • Type Multi-Family: Garden Complex

Tax Info

  • Tax Annual Amount: 34000
  • Tax Year: 2023

Map

Range of Values:

Collateral Analytics

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ICE

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
Source: Midwest Real Estate Data (MRED)

Similar Home in Lyons, IL

  • 7821 43rd St, Lyons, IL 60534

    $1,580,000

    • 20 Beds
    • 12 Baths
    • 7821 43rd St
    • Lyons, IL

    We are pleased to present this exclusive 12-unit property as part of a 24-unit multifamily portfolio in Lyons, Illinois. The portfolio includes 7821 43rd Street and 4337 Prescott Avenue, 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

    DS Property Expe Dave & Shelly eXp Realty, LLC

    Section Image

Source: Midwest Real Estate Data (MRED)

MLS Number: 12206919

Midwest Real Estate Data (MRED)