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Mixed-Use Building with Apartment
New
For Sale
$449,000

8318 47th St, Lyons, IL 60534

Main-level office space combines with an upper-floor apartment and substantial storage areas.

Property Size3,498 SF
Price / SF$128.36
Days on Market2

Property Features for 8318 47th St

General Information

Standard status Active
Size 3,498 SF

Building Details

Year Built 1953
Buildings 1
Construction brick
Listing Agency: Capital Investment Realty Group Inc
Listed By: Otis Lazich · License #471009343
Source: Liveliferealty
Added: Sep 12 Last Checked: Sep 12 at 2:23PM

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 Capital Investment Realty Group Inc

Investment Insights

Based on property information with market context.

This 3,498-square-foot brick building, constructed in 1953, combines office, residential, and storage components. The main level is configured for office use, while the second floor contains a four-bedroom apartment that can support either occupancy or rental use. A basement provides additional storage, and a two-car garage expands the available utility space.

Located at 8318 47th St in Lyons, IL, the property includes a large parking lot behind the building. The sale is offered as-is, with the buyer assuming village inspection issues.

Key Highlights

  • 3,498‑square‑foot mixed‑use building in Lyons, IL
  • Main‑level office area with a four‑bedroom second‑floor apartment
  • Basement storage and a two‑car garage

Property Analytics

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Current Use

Balkan Express Inc Trucking Company Spirit Logistics, Inc. Logistics Company

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Spa & Massage Center Skin Care Clinic Daycare Center

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

Location Intelligence

Trade Area within ½ mile

449
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Main-level office space combines with an upper-floor apartment and substantial storage areas.
Where is this mixed-use property located?
The property is located at 8318 47th St Lyons, IL.
What is the asking price?
The asking price for this property is $449,000.
What are key features of this property?
This property features: 3,498‑square‑foot mixed‑use building in Lyons, IL; Main‑level office area with a four‑bedroom second‑floor apartment; Basement storage and a two‑car garage
More about this property
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