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Mixed-Use Multifamily Building
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7921 Ogden Avenue, Lyons, IL 60534

Mixed-use property with former restaurant/bar retail space and four apartments, sold as-is with buyer-responsible code issues.

Property SizeContact for details
Days on Market122

Property Features for 7921 Ogden Avenue

General Information

Standard status Active
Property subtype Mixed Use, Multifamily

Additional Details

Multifamily Units 4
Listing Agency: Chicago Real Estate Resources Inc
Listed By: Tuyen Nguyen · License #IL
Source: Crexi
Added: Apr 10 Changed: Aug 8 Last Checked: Jul 20 at 4:57PM

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 Chicago Real Estate Resources Inc

Investment Insights

Based on property information with market context.

This mixed-use multifamily building at 7921 Ogden Avenue in Lyons, IL includes a former restaurant/bar retail space and four apartments. The property is being sold as-is, and any code violations are the buyer’s sole responsibility.

The purchase process includes required proof of funds with the offer and earnest money made out to the listing office. The closing date is upon court approval, and real estate taxes will be prorated at 100%.

Because the offering is positioned as a value-added conversion opportunity, prospective buyers should plan for their own due diligence regarding condition and compliance before proceeding.

Key Highlights

  • Mixed‑use property includes former restaurant/bar retail space plus four apartments
  • Sold as‑is
  • Buyer is responsible for any code violations

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Skin Care Clinic Parking Lot & Garage (Bike/Boat/Book/etc) Store Accounting Firm

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

4
Residential units

Location Intelligence

Trade Area within ½ mile

667
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?
Quadplex - Mixed-use property with former restaurant/bar retail space and four apartments, sold as-is with buyer-responsible code issues.
Where is this quadplex located?
The property is located at 7921 Ogden Avenue Lyons, IL.
What are key features of this property?
This property features: Mixed‑use property includes former restaurant/bar retail space plus four apartments; Sold as‑is; Buyer is responsible for any code violations
(773) 879-0713 Call to check price and availability
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