Estimated payment $11,047/month
Highlights
- 0.33 Acre Lot
- Tile Flooring
- Laundry Facilities
- Property is near public transit
- Baseboard Heating
About This Home
7821 43rd Street, a 12-unit multifamily property located in Lyons, Illinois. This property features four one-bedroom/one-bathroom units and eight two-bedroom/one-bathroom units, providing a range of options for tenants. Fully occupied, the property delivers consistent income and low operational demands. Recent updates include a new heating system, HD security cameras, and selective unit renovations. Tenants benefit from owned washers and dryers in on-site laundry, individual heating controls, and on-site parking. Its proximity to retail, dining, and transit further strengthens its appeal. This property is an attractive investment with stable cash flow and room for enhanced returns through continued improvements and rent growth. Lyons, a Cook County suburb located 13 miles southwest of downtown Chicago, offers convenient access to Route 34, Route 43, and Interstate 55, as well as the Riverside Metra Station and nearby PACE bus stops, making it ideal for commuters. Positioned near Ogden Avenue, the properties are close to retail and dining options like ALDI, Jewel-Osco, and Starbucks, with parks, schools, and Brookfield Zoo nearby. The West Cook County multifamily market is characterized by strong rental demand, low vacancy rates, and limited new construction, providing a stable environment for investors seeking long-term returns. HIghlights 12-unit multifamily property Unit mix: Four 1BR/1BA and Eight 2BR/1BA units Fully occupied with consistent income Recent upgrades: heating system, security cameras, and unit renovations On-site laundry with owned washers and dryers Individual heating controls and on-site parking Strong location near retail, dining, and transit
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $27,649
Year Built
- Built in 1966 | Remodeled in 2024
Lot Details
- 0.33 Acre Lot
Home Design
- Brick Exterior Construction
- Frame Construction
- Asphalt Roof
Interior Spaces
- 12 Full Bathrooms
- 11,826 Sq Ft Home
- 3-Story Property
- Tile Flooring
- Alarm System
Location
- Property is near public transit
- Property is near a bus stop
Utilities
- Cooling System Mounted To A Wall/Window
- Baseboard Heating
- Hot Water Heating System
- Heating System Uses Gas
- Radiant Heating System
Community Details
Pet Policy
- Pets Allowed
Additional Features
- Low-Rise Condominium
- Laundry Facilities
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/05/2025 06/05/25 | For Sale | $1,580,000 | 0.0% | -- |
| 05/16/2025 05/16/25 | Pending | -- | -- | -- |
| 11/08/2024 11/08/24 | For Sale | $1,580,000 | 0.0% | -- |
| 07/29/2016 07/29/16 | Rented | $849 | 0.0% | -- |
| 07/07/2016 07/07/16 | For Rent | $849 | -- | -- |
Source: My State MLS
MLS Number: 11412123
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