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Property profile & analytics

4337 Prescott Ave Lyons, IL 60534

  • Mixed-use properties
  • 24,831 SF
  • 0.63 lot acres
OFF-MARKET
Value Estimation
Location Intelligence

Current Use by Public Records

  • Mixed-use properties

Property Details for 4337 Prescott Ave

Lot size
0.63 lot acres
Property size
24,831 SF
Property type
Mixed-use properties

Description

This exceptional mixed-use investment property, located at 4337 Prescott Ave in Lyons, Illinois, presents a compelling opportunity for value-add investors. The property encompasses 24,831 square feet on a 0.63-acre lot and consists of two twelve-unit multifamily buildings situated close together, streamlining management. Each building offers a mix of four one-bedroom/one-bathroom and eight two-bedroom/one-bathroom units, catering to diverse tenant needs. Currently boasting 100% occupancy, this portfolio generates a substantial net operating income (NOI) of $193,005.40, representing a 6.23% capitalization rate at an asking price of $3,100,000. Recent capital improvements include new heating systems, upgraded security systems featuring HD video cameras, and selective unit renovations. On-site laundry facilities with owned washers and dryers provide added convenience for tenants and a supplementary revenue stream. Individual unit heating controls and updated bathrooms enhance tenant comfort and simplify management. Ample off-street parking is available. The property's strategic location offers easy access to major highways, Metra, and PACE bus routes, placing it within convenient reach of retail, dining, schools, and the Brookfield Zoo. This well-maintained portfolio presents significant potential for increased returns through further unit upgrades and rental adjustments as leases are renewed. The price per unit is $129,167, and the price per square foot is $124.84. This is a rare opportunity to acquire a stable, high-performing multifamily investment in a desirable location.

Value Estimation

Powered by Realmo proprietary methodology Last update: July 3, 2025
  • CAP approach

  • Comparable approach

  • Alternative Use

Location Insight

  • Map
  • Local Demand
City
Lyons
County
Cook
State
Illinois
Longitude
-87.819
Latitude
41.812
More about this property
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