Estimated payment $4,453/month
About This Home
Located in Lyons, this well-maintained 4-unit building presents a great investment opportunity with motivated sellers. Property features four income-producing units including 3 spacious 2 bedroom / 1 bathroom layouts along with an additional studio unit. All units include appliances, hardwood flooring, and tenants pay electric. The building also offers a separate laundry area with coin-operated washer and dryer, side drive, and rear parking accommodating up to 7 vehicles. Large yard space adds additional appeal for tenants. Conveniently located near shopping, dining, transportation, and major expressways. Strong potential for both seasoned investors and owner-occupants looking to generate rental income.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,166
Year Built
- Built in 1967
Lot Details
- Lot Dimensions are 50x125
Home Design
- Brick Exterior Construction
Bedrooms and Bathrooms
- 7 Bedrooms
- 7 Potential Bedrooms
- 4 Bathrooms
Parking
- 7 Parking Spaces
- Parking Available
Utilities
- Baseboard Heating
- Radiant Heating System
- Lake Michigan Water
Community Details
Overview
- 4 Units
Building Details
- Electric Expense $828
- Fuel Expense $3,192
- Water Sewer Expense $3,300
- Gross Income $70,200
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 | $8,166 | $27,000 | $3,450 | $23,550 |
| 2024 | $8,166 | $27,000 | $3,450 | $23,550 |
| 2023 | $5,199 | $27,000 | $3,450 | $23,550 |
| 2022 | $5,199 | $17,731 | $3,000 | $14,731 |
| 2021 | $4,959 | $17,731 | $3,000 | $14,731 |
| 2020 | $5,736 | $19,681 | $3,000 | $16,681 |
| 2019 | $5,305 | $17,208 | $2,700 | $14,508 |
| 2018 | $6,038 | $19,473 | $2,700 | $16,773 |
| 2017 | $5,833 | $19,473 | $2,700 | $16,773 |
| 2016 | $4,958 | $15,234 | $2,400 | $12,834 |
| 2015 | $4,801 | $15,234 | $2,400 | $12,834 |
| 2014 | $4,654 | $15,234 | $2,400 | $12,834 |
| 2013 | $5,688 | $19,335 | $2,400 | $16,935 |
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 |
|---|---|---|---|---|
| 05/14/2026 05/14/26 | For Sale | $699,000 | -- | -- |
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 |
|---|---|---|---|
| Quit Claim Deed | -- | None Listed On Document | |
| Quit Claim Deed | -- | None Listed On Document | |
| Warranty Deed | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Deed | $195,000 | -- | |
| Warranty Deed | $179,000 | -- | |
| Warranty Deed | $175,500 | -- |
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 |
|---|---|---|---|
| Previous Owner | $386,250 | Construction | |
| Previous Owner | $150,000 | No Value Available | |
| Previous Owner | $125,300 | No Value Available | |
| Previous Owner | $140,400 | No Value Available |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12646722
APN: 18-01-100-055-0000
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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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