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    4222 Prescott Ave Lyons, IL 60534

    New
    For Sale
    $437,900

    Residential Income - Lyons, IL

    Days on Market:
    2
    Last Refresh:
    Dec 11 at 10:06 am

    Property Features for 4222 Prescott Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    MULTI
    Rooms
    Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    5
    APN
    18011180320000
    Parking
    2

    Utilities

    Heating system
    Steam

    Building Details

    Year built
    1929
    Roof type
    Asphalt
    Architectural style
    Other

    RE/MAX MI CASA (773) 767-1616 [email protected]

    Listing agent Alma Olvera (773) 767-1616 License #475104959

    Listing date Dec 10, 2025

    MLS# 12528723 Listing URL

    Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Lyons Multi-Unit Investment Opportunity

    This bright and well-maintained multi-unit building in Lyons, Illinois, presents an excellent opportunity for investors or homeowners. The property features two apartments and a finished basement. Both apartments include formal dining rooms, hardwood and ceramic floors, and enclosed porches. The first-floor unit currently utilizes its heated porch as an office, offering flexibility for repurposing. The modern kitchens include an island in the second-floor unit for added convenience. The finished basement comprises one bedroom, a full bath, a living room, and a separate area for storage and laundry. Recent updates include a new roof on both the building and the garage, a new furnace, newer flooring in the basement prep area, and newer porch siding. The oversized garage, standing 16 feet high, includes a staircase leading to a spacious attic, providing additional storage. Located in the quiet village of Lyons, the property is near major routes I-55 and I-290. The city inspection is almost completed.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lyons
    County
    Cook
    State
    Illinois
    Longitude
    -87.8196919
    Latitude
    41.8144115

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    FAQs

    What type of property is this?
    Apartment building - Bright multi-unit building in excellent condition, perfect for investors.
    Where is this apartment building located?
    The property is located at 4222 Prescott Ave Lyons, IL.
    What is the asking price?
    The asking price for this property is $437,900.
    What are key features of this property?
    This property features: - New roof and furnace, plus other updates minimize maintenance.; - Multi-unit building with two apartments and a finished basement offers income potential.; - **Oversized 16-foot high garage with attic storage provides ample space.**
    (773) 767-1616
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    Lyons, IL 60534
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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.

    More about this property
    4222 Prescott Ave Lyons, IL 60534
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