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
For sale
$1,580,000
7821 43rd St, Lyons, IL 60534
--beds
11,826sqft
Est.:
Multi Family
Built in 1966
-- sqft lot
$1,438,500 Zestimate®
$134/sqft
$-- HOA
What's special
New heating systemSelective unit renovationsIndividual heating controlsOn-site parking
- 134 days
- on Zillow |
- 233 |
- 14 |
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#: 11412123
Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 12
- Full bathrooms: 12
Basement
- Area: 0
Heating
- Gas, Baseboard, Hot Water, Radiant
Cooling
- Wall/Window Unit(s)
Features
- Flooring: Tile
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 11,826
- Total interior livable area: 11,826 sqft
- Finished area above ground: 11,826
Property
Features
- Stories: 3
- Exterior features: Utilities
Lot
- Size: 0.33 Acres
- Features: Near Bus, Near Train
Details
- Parcel number: 18013040010000
- Lease amount: $0
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Frame, Brick 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: Alarm
HOA
- Has HOA: No
- Amenities included: Laundry, Pets Allowed
Location
- Region: Lyons
Financial & listing details
- Price per square foot: $134/sqft
- Annual tax amount: $27,649
- Date on market: 3/27/2025
- Date available: 01/20/2025
- Listing agreement: Exclusive
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