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7821 43Rd St Lyons, IL 60534

Sponsored
For Sale
$1,580,000

12-Unit Building, Excellent Cash Flow

Description

Added:
Feb 3, 2025
Days on Market:
338
This exceptional 12-unit multifamily property, located at 7821 43rd Street in Lyons, Illinois, presents a compelling investment opportunity. Part of a larger, efficiently managed 24-unit portfolio (including a sister property at 4337 Prescott Avenue), this building offers immediate cash flow due to its 100% occupancy rate. The property comprises a well-balanced mix of twelve units: four one-bedroom, one-bathroom units and eight two-bedroom, one-bathroom units, catering to a diverse tenant base. This strategic unit configuration ensures consistent rental income and minimizes vacancy risks. The property's location in Lyons, Illinois, offers convenient access to local amenities and transportation, further enhancing its appeal to renters. The streamlined management structure inherent in the larger portfolio simplifies operational tasks and maximizes efficiency for the owner. This is a turnkey investment ideal for those seeking a stable, high-yielding asset with proven performance and minimal management overhead. The asking price of $1,580,000 reflects the property's strong financial performance and potential for future appreciation. This is a rare opportunity to acquire a well-maintained, fully occupied multifamily property in a desirable location. The property sits on a 0-acre lot. Serious inquiries only.

Property Features for 7821 43Rd St

General Information

Property type
Other commercial real estate

Building Details

Year Built
1968

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 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
-87.81601
Latitude
41.81318

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 7821 43Rd St Lyons, IL.
What is the asking price?
The asking price for this property is $1,580,000.
More about this property
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