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For sale
  • $1,520,000

    4337 Prescott Ave, Lyons, IL 60534

    --beds
    13,005sqft
    : 
    Multi Family
    Built in 1966
    -- sqft lot
    $-- Zestimate®
    $117/sqft
    $-- HOA

    What's special

    4337 Prescott Avenue, a 12-unit multifamily property located in Lyons, Illinois. This property includes a mix of three one-bedroom/one-bathroom units and nine two-bedroom/one-bathroom units, thoughtfully designed to meet tenant needs. Fully occupied with a stable tenant base, this property offers immediate cash flow and efficient management. Recent improvements include a new heating system, HD security cameras, and remodeled bathrooms in select units. Owned washers and dryers in the on-site laundry, individual heating controls, and ample surface parking enhance tenant convenience and satisfaction. This property presents an excellent opportunity to acquire a well-maintained asset with potential for increased returns through strategic rental adjustments and additional unit updates. Location Description 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: Three 1BR/1BA and Nine 2BR/1BA units Fully occupied with immediate cash flow Recent upgrades: heating system, security cameras, and unit renovations On-site laundry with owned washers and dryers Individual heating controls and ample surface parking Stable tenant base with value-add potential
    135 days
    on Zillow
    |
    241
    |
    11
    |

    Zillow last checked: 7 hours ago

    Listing updated: March 27, 2025 at 12:20pm

    Listed by:

    630-474-6441,

    eXp Commercial

    Source: My State MLS,MLS#: 11351712
    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 4337 Prescott Ave.

    Next available tour time:Tomorrow at 11am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 12
    • Full bathrooms: 12
    Basement
    • Area: 0
    Heating
    • Natural Gas, Baseboard, Hot Water
    Cooling
    • Wall/Window Unit(s)
    Features
    • Flooring: Laminate, Tile
    • Has basement: No
    • Has fireplace: No
    Interior area
    • Total structure area: 13,005
    • Total interior livable area: 13,005 sqft
    • Finished area above ground: 13,005

    Property

    Features
    • Stories: 3
    • Exterior features: Utilities
    Lot
    • Size: 0.31 Acres
    • Features: Near Bus
    Details
    • Parcel number: 1801302007 1801302008 1801302006
    • Lease amount: $0

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Frame, Brick Siding, Wood Siding
    • Roof: Asphalt
    Condition
    • New construction: No
    • Year built: 1966
    • Major remodel year: 2024

    Utilities & green energy

    • Electric: Amps(0)
    • Sewer: Municipal
    • Water: Municipal
    • Utilities for property: Naturl Gas Available

    Community & HOA

    Community
    • Features: Laundry, Security
    • Security: Alarm
    HOA
    • Has HOA: No
    • Amenities included: Laundry, Security
    Location
    • Region: Lyons

    Financial & listing details

    • Price per square foot: $117/sqft
    • Annual tax amount: $34,000
    • Date on market: 3/27/2025
    • Date available: 10/09/2024
    • Listing agreement: Exclusive
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