For Sale
$1,520,000

4337 Prescott Ave Lyons, IL 60534

12-Unit Building, Excellent Cash Flow

Overview

Added:
Feb 3
Days on market:
73
This exceptional 12-unit multifamily property, located at 4337 Prescott Avenue in Lyons, Illinois, presents a compelling investment opportunity. Part of a larger, efficiently managed 24-unit portfolio (including a sister property at 7821 43rd Street), this building offers immediate cash flow due to its 100% occupancy rate. The property boasts a desirable unit mix, including four one-bedroom/one-bathroom units and eight two-bedroom/one-bathroom units, catering to a diverse tenant base. The proximity of the two properties within the portfolio allows for streamlined management and operational efficiencies, minimizing overhead and maximizing returns. This turnkey investment is ideal for those seeking a stable, income-producing asset in a well-established location. The property's strong occupancy and consistent rental income make it an attractive option for both seasoned investors and those new to the multifamily market. The location in Lyons, Illinois offers convenient access to local amenities and transportation, further enhancing the property's appeal to tenants. This is a rare opportunity to acquire a well-maintained, fully occupied multifamily building with significant potential for future growth and appreciation. The asking price of $1,520,000 reflects the property's strong financial performance and its position within a larger, well-managed portfolio. Serious inquiries are encouraged.

Property Details for 4337 Prescott Ave

Property type
Commercial real estate
Year Built
1965

Location Insight

City
Lyons
County
Cook
State
Illinois
Latitude
41.81194
Longitude
-87.81897
4337 Prescott Ave, Lyons, Illinois

FAQs

What type of property is this?
Commercial real estate - 12-Unit Building, Excellent Cash Flow
Where is the commercial real estate located?
The property is located at 4337 Prescott Ave Lyons, IL.
What is the asking price?
The asking price for this property is $1,520,000.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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4337 Prescott Ave
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