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Mixed-Use Building with Apartment
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8647 Ogden Ave, Lyons, IL 60534

Ground-level commercial space is paired with a three-bedroom apartment above, creating a flexible live-work configuration.

Property Size3,672 SF
Price / SF$122.55
Days on Market198

Property Features for 8647 Ogden Ave

General Information

Standard status Active
Size 3,672 SF
Class C
Total Parking Spaces 6
Property subtype Mixed Use
Zoning B-1

Building Details

Year Built 1926
Buildings 1
Stories 2
Listing Agency: USA Commercial Group
Listed By: Darius Jusaitis · License #475188938
Source: Crexi
Added: Apr 3 Changed: Oct 11 Last Checked: Oct 16 at 9:06AM

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 USA Commercial Group

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Investment Insights

Based on property information with market context.

Located at 8647 Ogden Avenue, this 3,672 SF mixed-use building combines a commercial first floor with a three-bedroom apartment on the second level. The lower level is fully finished for business use and can accommodate retail, office, medical, wellness, or other professional operations. The property was built in 1926 and occupies a 0.11-acre site with 13 on-site parking spaces.

The building sits within Lyons’ B-1 Business District on Ogden Avenue, a commercial corridor identified for high visibility. Access to I-55, I-290, and Downtown Chicago supports connectivity for customers and employees. The property’s combination of commercial and residential space provides a distinct configuration for an owner-user or an investor seeking a mixed-use asset.

Key Highlights

  • 3,672 SF mixed‑use building on a 0.11‑acre site
  • First floor fully built out for commercial use
  • Second‑floor three‑bedroom apartment

Property Analytics

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Current Use

T-Float Gym & Fitness Center

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Skin Care Clinic Bakery Grocery & Convenience Store

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

652
Businesses Nearby
80k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 78% Shops & Services 21% Hotels & Casinos 1%
Wendy's Dining
24,360 visits/mo 0.2 miles
Starbucks Dining
14,360 visits/mo 0.3 miles
Burger King Dining
11,286 visits/mo 0.2 miles
Mobil Shops & Services
9,676 visits/mo 0.0 miles
Jimmy John's Dining
6,076 visits/mo 0.3 miles

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 Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Ground-level commercial space is paired with a three-bedroom apartment above, creating a flexible live-work configuration.
Where is this mixed-use property located?
The property is located at 8647 Ogden Ave Lyons, IL.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: 3,672 SF mixed‑use building on a 0.11‑acre site; First floor fully built out for commercial use; Second‑floor three‑bedroom apartment
More about this property
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