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Commercial > Multi-family / Apartments
Active
10/09/2024
List Price
$1,520,000$117/ft²

4337 Prescott Ave
Lyons, IL 60534

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  • 4337 Prescott Ave, Lyons, IL 60534 is a 12 bath, 13,005 ft² multi-family/apartments property built in 1966 on a 0.310 acre lot. This multi-family/apartments is currently for sale for $1,520,000.

    MLS Description

    The listing agent's description. Original Listing

    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

    Listing Agents

    The listing agent for 4337 Prescott Ave is Randolph Taylor.

    Current Ownership

    Information about the current owner(s).

    Property History

    4337 Prescott Ave has undefined property events records (listings, deeds, permits, tax, foreclosure, loan).

    Property Events

    Environment

    Environmental factors around 4337 Prescott Ave

    School Information

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    Neighborhood

    This property is located in Myers River Highlands, Lyons, IL 60534.

    Market Trends

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    Copyright © 2025 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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