Mixed-Use Building with
New
For Sale
$499,900
4238 Joliet Avenue, Lyons, IL 60534
Commercial Sale, Lyons, IL
Property Size4,298 SF
Lot Size0.14 Acres
Price / SF$116.31
Days on Market7
Property Features for 4238 Joliet Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
COMMR
Directions
Ogden Ave to Joliet Ave South to Property
Subdivision
Lyons
Standard status
Active
APN
18022140210000
Lot size
0.14 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
12425
Building Details
Year built
1919
Floors in Building
2
Number of units
5
Building materials
Brick
Listing Agency:
Capital Investment Realty Group Inc
(708) 692-7283
Listed By:
Otis Lazich · License #471009343
(708) 442-6385
Added: Sep 29
Changed: Sep 30
Last Checked: Oct 5 at 6:06PM
MLS# 12773485
Copyright © 2026 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.
Investment Insights
Based on property information with market context.
This brick mixed-use property combines three apartments with two storefronts and a rented two-car garage. The apartments include one three-bedroom, one-bath unit and two two-bedroom, one-bath units. One commercial space is used as an office, while the other operates as a beauty shop. The property has three exterior parking spaces and is offered in as-is condition; the buyer assumes village compliance repairs.
The building occupies a 5,890-square-foot lot, and the structure contains 4,298 square feet. A separate adjoining parcel contains 5,878 square feet. The property is zoned COMMR, and the vacant parcel would require review by the Zoning Board to determine whether construction may be possible. The site is on the July 4 parade route and one block from Village parks and City Hall events.
The building occupies a 5,890-square-foot lot, and the structure contains 4,298 square feet. A separate adjoining parcel contains 5,878 square feet. The property is zoned COMMR, and the vacant parcel would require review by the Zoning Board to determine whether construction may be possible. The site is on the July 4 parade route and one block from Village parks and City Hall events.
Key Highlights
- Three apartments and two storefronts, with six tenants in total
- Three‑bedroom, one‑bath apartment plus two two‑bedroom, one‑bath apartments
- 4,298‑square‑foot building on a 5,890‑square‑foot lot
Property Analytics
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Current Use
Lease Details
3
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
559
Businesses Nearby
Explore this area
Business Placement
Demographics for 60534, IL
10,749
Population
4,461
Households
2.4
Avg Household Size
39
Median Age
16%
College-Educated
83%
High-School Grad
1.9 sq mi
ZIP Area
5,657
Density / Sq Mi
$63,827
Median Household Income
$41,328
Median Earnings
$1,149
Median Rent
$243,500
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Three apartments and two commercial units accommodate six tenants, with a rented two-car garage also part of the property.
Where is this mixed-use property located?
The property is located at 4238 Joliet Avenue Lyons, IL.
What is the asking price?
The asking price for this property is $499,900.
What are key features of this property?
This property features: Three apartments and two storefronts, with six tenants in total; Three‑bedroom, one‑bath apartment plus two two‑bedroom, one‑bath apartments; 4,298‑square‑foot building on a 5,890‑square‑foot lot
