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    Property profile & analytics

    7821 43Rd St Lyons, IL 60534

    • Garden apartment buildings
    • 0.32 lot acres
    For Sale
    View listing
    $1,580,000
    Value Estimation
    Last Sale
    May 04, 2023
    $1,190,000
    Location Intelligence
    Property ID
    US28-1608161
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Garden apartment buildings

    Property Details for 7821 43Rd St

    Year built
    1964
    Lot size
    0.32 lot acres
    Property type
    Garden apartment buildings
    APN
    18-01-304-001
    APU
    1801304001

    Description

    This exceptional 12-unit multifamily property, located at 7821 43rd Street in Lyons, Illinois, presents a compelling investment opportunity. Part of a larger, efficiently managed 24-unit portfolio (including a sister property at 4337 Prescott Avenue), this building offers immediate cash flow due to its 100% occupancy rate. The property comprises a well-balanced mix of twelve units: four one-bedroom, one-bathroom units and eight two-bedroom, one-bathroom units, catering to a diverse tenant base. This strategic unit configuration ensures consistent rental income and minimizes vacancy risks. The property's location in Lyons, Illinois, offers convenient access to local amenities and transportation, further enhancing its appeal to renters. The streamlined management structure inherent in the larger portfolio simplifies operational tasks and maximizes efficiency for the owner. This is a turnkey investment ideal for those seeking a stable, high-yielding asset with proven performance and minimal management overhead. The asking price of $1,580,000 reflects the property's strong financial performance and potential for future appreciation. This is a rare opportunity to acquire a well-maintained, fully occupied multifamily property in a desirable location. The property sits on a 0-acre lot. Serious inquiries only.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,275,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,195,000
      6.5%
      $1,270,000
      7%
      $1,325,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,240,000
      Geo Method
      $1,045,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,355,000
      Retail
      $1,400,000
      Mixed-Use
      $1,380,000
      Hospitality
      $1,310,000
      Educational
      $1,125,000
      Residential Income
      $1,150,000
      Energy
      $1,350,000
      Income-Based Land
      $1,430,000
      Food Service
      $1,055,000

    Location Insight

    • Map
    • Local Demand
    City
    Lyons
    County
    Cook
    State
    Illinois
    Longitude
    -87.8159
    Latitude
    41.8132
    CBSA code
    16980
    CBSA name
    CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $26,719
    $11,320
    $62,226
    $73,546
    -
    $113,200
    $622,260
    $735,460

    Comparable in this City

    • Value Estimation by Request
      0.16 Acres

      3917 Haas Ave

      GARDEN APT, COURT APT (5+ UNITS) • 0.16 Acres
      3917 Haas Ave, Lyons, IL 60534-1278
      View Details
    • Value Estimation by Request
      0.23 Acres

      8137 White Ave, Unit 41

      GARDEN APT, COURT APT (5+ UNITS) • 0.23 Acres
      8137 White Ave, Lyons, IL 60534-1162
      View Details
    • Value Estimation by Request
      0.21 Acres

      7802 43rd St

      GARDEN APT, COURT APT (5+ UNITS) • 0.21 Acres
      7802 43rd St, Lyons, IL 60534-1571
      View Details
    • Value Estimation
      $455,000
      0.07 Acres

      4626 Lawndale Ave

      GARDEN APT, COURT APT (5+ UNITS) • 0.07 Acres
      4626 Lawndale Ave, Lyons, IL 60534-1771
      View Details
    • Value Estimation by Request
      0.11 Acres

      4401 Prescott Ave

      GARDEN APT, COURT APT (5+ UNITS) • 0.11 Acres
      4401 Prescott Ave, Lyons, IL 60534-1973
      View Details
    • Value Estimation by Request
      6,576 SF

      4409 Prescott Ave

      GARDEN APT, COURT APT (5+ UNITS) • 6,576 SF
      4409 Prescott Ave, Lyons, IL 60534-1974
      View Details

    Similar Nearby for Sale

    • $437,900
      Pending

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      Bright multi-unit building in excellent condition, perfect for investors.
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      Lyons, IL Multifamily Investment Opportunity

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    • $1,580,000

      Lyons, IL Multifamily Investment Opportunity

      12-Unit Building, Excellent Cash Flow
      7821 43Rd St, Lyons, IL 60534
      View Details
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    Similar Nearby for Lease

    • Contact for pricing
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    • Contact for pricing
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    Lyons, IL 60534
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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