7833 Ogden Ave Lyons, IL 60534
- Retail space
- 0.17 lot acres
Current Use by Public Records
- Retail space
Property Details for 7833 Ogden Ave
- Year built
- 1973
- Lot size
- 0.17 lot acres
- Property type
- Retail space
- APN
- 18-01-104-009
- APU
- 1801104009
Description
This exceptional commercial property at 7833 Ogden Avenue in Lyons, Illinois presents a compelling investment opportunity. The building boasts a total area of 5,131 square feet situated on a 7,616 square foot lot, offering significant versatility. The property comprises a 1,945 square foot storefront/office space, complete with a bathroom and dedicated storage area. This space is currently leased, with the lease expiring in April 2026. In addition, a substantial 3,186 square foot warehouse is included, featuring a high vaulted ceiling and a large overhead garage door, ideal for various commercial uses. This warehouse space is also currently under lease, with the lease expiring December 31, 2024. Six convenient parking spaces are located at the rear of the building. The property is located on prime Ogden Avenue, offering excellent visibility and accessibility. While the property requires a new roof, this is reflected in the asking price of $345,000. Sold AS IS, this property represents a strong income-generating asset for the discerning investor, providing immediate cash flow and significant long-term potential. The current leases ensure a steady stream of income, making this a truly attractive investment opportunity.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Lyons
- County
- Cook
- State
- Illinois
- Longitude
- -87.817
- Latitude
- 41.8197
- CBSA code
- 16980
- CBSA name
- CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
