For Sale
$199,900

7931 Ogden Ave Lyons, IL 60534

Two Storefronts, High-Traffic Location

Overview

Added:
Feb 3
Days on market:
78
This exceptional investment opportunity presents two retail storefronts located at 7931 and 7933 Ogden Avenue in Lyons, Illinois. The combined space totals 1,800 square feet, offering significant potential for a variety of retail uses. 7931 Ogden Avenue, encompassing 1,100 square feet, is currently leased on a month-to-month basis and will be vacant upon closing. The existing tenant operates a vacuum store, which is also available for purchase separately, should the buyer be interested in continuing the existing business. The second storefront, located at 7933 Ogden Avenue, offers 800 square feet and is under an annual lease expiring in September 2025. This provides immediate rental income and a future opportunity to increase rental rates upon lease renewal. The property boasts convenient features including 200-amp electrical service, ensuring ample power for various business needs. Furthermore, an electric vehicle (EV) charger is conveniently located at the rear of the building, catering to the growing demand for sustainable transportation options and potentially attracting environmentally conscious customers. This property is ideally situated for a savvy investor seeking a strong return on investment in a desirable location. The existing leases provide immediate cash flow, while the vacant storefront offers flexibility for future development and tenant selection. This is a rare opportunity to acquire a well-maintained, versatile retail property in a thriving area.

Property Details for 7931 Ogden Ave

Property type
Retail properties
Square Feet
1,800 SF
Year Built
1940

Location Insight

City
Lyons
County
Cook
State
Illinois
Latitude
41.81955
Longitude
-87.81989

FAQs

What type of property is this?
Retail property - Two Storefronts, High-Traffic Location
Where is the retail property located?
The property is located at 7931 Ogden Ave Lyons, IL.
What is the asking price?
The asking price for this property is $199,900.
How can I contact the broker?
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7931 Ogden Ave
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