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

8318 47th Street, Lyons, IL 60534

Commercial Sale, Lyons, IL

Property SizeContact for details
Lot Size0.09 Acres
Days on Market3

Property Features for 8318 47th Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning OFFIC
Directions 1st. Ave to 47th St. E. to property
Subdivision Lyons
Standard status Active
APN 18024190170000
Lot size 0.09 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 10588

Utilities

Cooling system Central Air

Building Details

Year built 1953
Floors in Building 2
Number of units 4
Building materials Brick, Wood
Listing Agency: Capital Investment Realty Group Inc
Listed By: Otis Lazich · License #471009343
Added: Sep 9 Changed: Sep 10 Last Checked: Sep 11 at 1:06AM
MLS# 12756799

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.

Located at 8318 47th Street, this mixed-use property combines an office layout on the main level with a four-bedroom apartment upstairs. The basement provides additional storage, while a two-car garage offers further utility for storage or property operations. A rear parking lot serves the building. Constructed in 1953 with brick and wood materials, the property includes central air and sits on 0.094 acres. Zoning is listed as OFFIC. The property is offered as-is, with the buyer assuming any village inspection issues.

Key Highlights

  • Main‑level office configuration with a four‑bedroom apartment on the second floor
  • Basement storage plus a two‑car garage
  • Rear parking lot

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 Daycare Center Skin Care Clinic

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 - Office space, residential occupancy, basement storage, and rear parking are combined in one brick property.
Where is this mixed-use property located?
The property is located at 8318 47th Street 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: Main‑level office configuration with a four‑bedroom apartment on the second floor; Basement storage plus a two‑car garage; Rear parking lot
More about this property
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