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    • Brokers

    Otis Lazich, Lyons, IL

    License ID: 471009343
    Years of Experience
    17
    Languages
    Croatian, Serbian
    Association
    Mainstreet Organization Of Realtors

    Service Locations

    Contact details

    Phone:
    (708) 442-6385
    Office Address:
    7849 W. 45TH PL FL 1, Lyons, IL 60534

    Property Types

    • Commercial Sale
    • Land
    • Residential Multi Family

    Performance

    Listings
    8
    Total transactions
    134
    Total transactions amount
    $34M
    Price range
    $61k - 885k
    Average price
    $254k

    Listings

    For Sale (8)

    View map
    • $84,900

      Two-Unit Property in Chicago

      Two-unit property with income potential in Chicago, being sold as-is.
      11830 S Eggleston Ave, Chicago, IL 60628
      View Details
    • New
      $990,000
      0.34 Acres

      Franklin Park Development Opportunity

      Prime location near train station, ideal for commercial/residential development.
      9701-09 Franklin Ave, Franklin Park, IL 60131
      View Details
    • Contact for pricing

      Residential Land in Established Community

      Vacant lot in Peru, Illinois, ideal for new construction.
      616 12Th St, Peru, IL 61354
      View Details
    • $330,000

      Berwyn Brick Two-Flat Opportunity

      Two-unit residential income property with detached garage in Berwyn, Illinois.
      2114 Highland Ave, Berwyn, IL 60402
      View Details
    • New
      $114,900
      0.07 Acres

      Chicago Two-Flat with Upswing Potential

      Two-flat in Chicago with rental potential, sold as-is.
      6812 S Hermitage Ave, Chicago, IL 60636
      View Details
    • $359,000
      0.33 Acres

      Large Maywood Commercial Building

      Spacious building in Maywood with C-2 zoning and seller financing.
      1000 Madison St, Maywood, IL 60153
      View Details
    • $599,000
      0.09 Acres

      Melrose Park Income Property

      Solid brick 3-flat with income potential near North Avenue.
      1724 N 19Th Ave, Melrose Park, IL 60160
      View Details
    • $149,900

      Chicago Two-Flat Investment Opportunity

      Two-flat property in Chicago requiring full rehabilitation.
      8125 S Peoria St, Chicago, IL 60620
      View Details

    Leases and Sales on Map

    • For Sale

    Properties for sale

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    Otis Lazich, Lyons, IL
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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