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5-Unit Apartment Building with Garage
For Sale
$750,000
Pending

7330 39th Street, Lyons, IL 60534

Fully occupied apartment property with flexible month-to-month leasing, on-site laundry, storage, and supplemental garage income.

Property Size9,500 SF
Days on Market200

Property Features for 7330 39th Street

General Information

Standard status Pending
Size 9,500 SF
Total Parking Spaces 9
Property subtype Multi Family 5+ / Multi Family 5+-Other
Zoning COMMR
Occupancy 100%
Net Operating Income $24,480

Site & Location

Highway Access Yes
Public Transit Yes

Units

Unit Mix 2 x 2BD/1BA, 3 x 1BD/1BA
Multifamily Units 5

Taxes and HOA fees

Annual Taxes $23,598

Amenities

on-site laundry
large yard
AC unit
storage space

Building Details

Year Built 1965
Buildings 1
Stories 3
Construction solid brick
Listing Agency: Baird & Warner, Inc.
Listed By: Michelle Galindo · License #475201406
Source: Compass
Added: Feb 12 Changed: Aug 31 Last Checked: Aug 31 at 5:10AM

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 Baird & Warner, Inc.

Investment Insights

Based on property information with market context.

This 9,500-square-foot multifamily property contains five apartments: two 2BD/1BA units and three 1BD/1BA units. The two-bedroom layouts include generously sized living areas, bedrooms, and eat-in kitchens. Each apartment has an AC unit and assigned storage, while residents share access to a large yard and on-site laundry. The solid brick building was constructed in 1965, with a roof replacement completed three years ago and annual boiler maintenance. All units are occupied under month-to-month arrangements, and the property is being sold AS-IS.

The property includes a 6-car garage that generates additional rental income, along with three parking spaces on a cement pad. It is situated within Riverside Township and the Riverside Brookfield School District 207, near bus and train service with highway access. Two major grocery chains and additional shopping are located two blocks away.

Key Highlights

  • 5‑unit mix: two 2BD/1BA apartments and three 1BD/1BA apartments
  • 9,500 SF solid brick multifamily building constructed in 1965
  • Fully occupied under month‑to‑month leasing

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Garden Center Parking Lot & Garage Tech Support Center Locksmith (Bike/Boat/Book/etc) Store Computer & Electronic Repair

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

5
Residential units
100%
Occupancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

645
Businesses Nearby

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

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Fully occupied apartment property with flexible month-to-month leasing, on-site laundry, storage, and supplemental garage income.
Where is this apartment building located?
The property is located at 7330 39th Street Lyons, IL.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: 5‑unit mix: two 2BD/1BA apartments and three 1BD/1BA apartments; 9,500 SF solid brick multifamily building constructed in 1965; Fully occupied under month‑to‑month leasing
More about this property
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