Live-Work Home with Dental
4212 Joliet Avenue Lyons, IL 60534
4212 Joliet Avenue, Lyons, IL, 60534
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For Sale
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Residential main level with 3 bedrooms plus a fully built-out second-floor dental office.
Property Size3,235 SF
Price / SF$160.74
Days on Market15
Property Features for 4212 Joliet Avenue
General Information
- Standard status
- Active
- Size
- 3,235 SF
- Property subtype
- Mixed Use
Building Details
- Year Built
- 1940
Listing agency
SPACE FINDER INC
Listed by
Carlos Alers · License #IL 471020318
Source
Crexi
Added: Jul 7 Updated: Jul 20 at 7:29PM Checked: Jul 21 at 4:16AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SPACE FINDER INC
Investment Insights
Based on property information with market context.
This live-work property combines comfortable residential living with a fully built-out second-floor dental office. The main level includes 3 bedrooms, an oversized living room, a generous dining area, a kitchen, a detached garage, and expansive private patio space. A clean, spacious basement with laundry offers additional flexibility for storage, recreation, or workspace.
Upstairs, the current dental practice layout is designed for professional office use, with multiple exam rooms, offices, reception, and sitting areas. The listing notes that all measurements are estimated and that buyers should verify zoning, permitted use, dimensions, and all property information.
Located at 4212 Joliet Avenue in Lyons, IL, this configuration supports a range of live-work and business uses based on the existing residential and office improvements.
Upstairs, the current dental practice layout is designed for professional office use, with multiple exam rooms, offices, reception, and sitting areas. The listing notes that all measurements are estimated and that buyers should verify zoning, permitted use, dimensions, and all property information.
Located at 4212 Joliet Avenue in Lyons, IL, this configuration supports a range of live-work and business uses based on the existing residential and office improvements.
Key Highlights
- Home built in 1940 with 3 bedrooms on the main level
- Second‑floor is fully built out as a dental office with multiple exam rooms, offices, reception, and sitting areas
- Detached garage plus expansive private patio space on the main level
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $79.2k | $24.48 |
| − Vacancy | −$19.7k | −$6.10 |
| EGI | $59.5k | $18.38 |
| − OpEx | −$14.9k | −$4.60 |
| NOI | $44.6k | $13.79 |
3,235 SF · lease $24.48/SF/yr · vacancy 24.90% · expense 25.00%
Alternative Uses
Best Use
Mixed Use
$779.9K
$682.4K – $909.9K
NOI $54,591 @ 7.0% cap · market cap 10.50%
Second Best
Office B
$637.2K
$557.6K – $743.4K
NOI $44,605 @ 7.0% cap · market cap 8.58%
Theoretical Best
Office A
$1.12M
$977.3K – $1.30M
NOI $78,183 @ 7.0% cap · market cap 15.04%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Lyons Family Dental, ...
Dental Office
Gallagher Ann
Dental Office
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FAQs
What type of property is this?
Live-work space - Residential main level with 3 bedrooms plus a fully built-out second-floor dental office.
Where is this live-work space located?
The property is located at 4212 Joliet Avenue Lyons, IL.
What is the asking price?
The asking price for this property is $520,000.
What are key features of this property?
This property features: Home built in 1940 with 3 bedrooms on the main level; Second‑floor is fully built out as a dental office with multiple exam rooms, offices, reception, and sitting areas; Detached garage plus expansive private patio space on the main level
