Estimated payment $6,534/month
About This Home
Solid, income producing all brick 6 unit building located on a desirable residential street in Lyons. This well maintained property features four one bedroom units and two two bedroom units, each offering generous layouts with eat in kitchens and large living room. The building includes a four car brick garage plus additional exterior parking. A first floor common laundry room with coin operated washer and dryer provides added income potential and convenience. Major capital improvements have already been completed, the roof was replaced in 2025 and tuckpointing was done in 2015, offering peace of mind for the next owner. All appliances are included, and tenants pay their own electric, helping to keep operating expenses in check.The property is mostly rented with month to month leases (except for one unit undergoing updates), providing immediate cash flow and flexibility for future rent adjustments or repositioning. This is a strong, stable investment with upside potential in a well located suburban market. A great addition to any investment portfolio.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $23,950
Year Built
- Built in 1965
Lot Details
- 7,841 Sq Ft Lot
- Lot Dimensions are 50x158x54x180
Home Design
- Cluster Home
Interior Spaces
- 2-Story Property
- Finished Basement
Utilities
- Window Unit Cooling System
- Forced Air Heating System
Community Details
Overview
- 6 Units
Building Details
- Electric Expense $656
- Fuel Expense $3,954
- Insurance Expense $3,000
- Other Expense $480
- Trash Expense $966
- Water Sewer Expense $3,298
- Operating Expense $9,354
- Gross Income $87,600
- Net Operating Income $74,046
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| 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 | $22,215 | $68,000 | $6,394 | $61,606 |
| 2024 | $22,215 | $68,000 | $6,394 | $61,606 |
| 2023 | $15,856 | $68,000 | $6,394 | $61,606 |
| 2022 | $15,856 | $40,421 | $5,569 | $34,852 |
| 2021 | $15,170 | $40,420 | $5,568 | $34,852 |
| 2020 | $14,668 | $40,420 | $5,568 | $34,852 |
| 2019 | $14,513 | $39,673 | $5,156 | $34,517 |
| 2018 | $14,147 | $39,673 | $5,156 | $34,517 |
| 2017 | $13,676 | $39,673 | $5,156 | $34,517 |
| 2016 | $14,869 | $40,401 | $4,537 | $35,864 |
| 2015 | $14,499 | $40,401 | $4,537 | $35,864 |
| 2014 | $14,283 | $40,401 | $4,537 | $35,864 |
| 2013 | $12,453 | $38,405 | $4,537 | $33,868 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/09/2026 04/09/26 | Pending | -- | -- | -- |
| 03/31/2026 03/31/26 | For Sale | $850,000 | 0.0% | -- |
| 03/20/2026 03/20/26 | Pending | -- | -- | -- |
| 01/24/2026 01/24/26 | For Sale | $850,000 | -- | -- |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12554074
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Based on information submitted to the MLS GRID. 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.
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