Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    4337 Prescott Ave Lyons, IL 60534

    For Sale
    $1,520,000

    12-Unit Building, Excellent Cash Flow

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    306
    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 Features for 4337 Prescott Ave

    General Information

    Property type
    Other commercial real estate

    Building Details

    Year Built
    1965
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Lyons
    County
    Cook
    State
    Illinois
    Longitude
    -87.81897
    Latitude
    41.81194

    Nearby Similar for Sale

    • Contact for pricing
      2,500 SF

      Lyons Industrial Flex Space

      2,500 SF flex space with convenient interstate access.
      8447 West 44Th Pl, Lyons, IL 60534
      View Details
    • $9,875,000
      2,471 SF

      Auto Glass Now Lyons, IL

      Newly renovated Auto Glass Now near downtown Chicago for sale.
      8717 Ogden Ave, Lyons, IL 60534
      View Details
    • $1,580,000

      Lyons, IL Multifamily Investment Opportunity

      12-Unit Building, Excellent Cash Flow
      7821 43Rd St, Lyons, IL 60534
      View Details
    • $987,500
      2,471 SF

      Lyons Auto Shop Investment

      High-yield auto shop, strong tenant.
      8717 Ogden Ave, Lyons, IL 60534
      View Details
    • $345,000
      7,616 SF

      Ogden Ave Commercial Property

      Lyons, IL storefront & warehouse
      7833 Ogden Ave, Lyons, IL 60534
      View Details
    • $540,000
      8,800 SF

      8428 44Th Pl, Lyons, IL 60534

      Retail properties • 8,800 SF
      8428 44Th Pl, Lyons, IL 60534
      View Details

    FAQs

    What type of property is this?
    Commercial real estate - 12-Unit Building, Excellent Cash Flow
    Where is this 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.
    (888) 574-9405
    Request Owner's contact information
    4337 Prescott Ave Lyons, IL 60534
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    4337 Prescott Ave
    Lyons, IL 60534
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    4337 Prescott Ave Lyons, IL 60534
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.