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    OFF-MARKET
    Banks

    4231 Joliet Ave, Lyons, IL 60534-1514

    0.13 ac lot Built 1975
    Entity Owned 2-yr Hold Free & Clear
    Property ID
    US28-2133018
    Property summary
    AI-generated overview

    This exceptional 4,693 square foot free-standing building at 4231 Joliet Avenue in Lyons, Illinois presents a unique opportunity for a variety of businesses. Situated on a 0.17-acre lot, this contemporary structure boasts multiple small private rooms, perfect for individual offices or consultation spaces. The property offers the significant advantage of ample free parking for up to 50 cars, both in the back and adjacent to the building. Its convenient location provides excellent main street visibility, ensuring high traffic and potential client exposure. Previously used as a bank, this versatile space is ideal for a wide range of professional uses, including but not limited to urgent care, medical practices, dental offices, insurance agencies, legal firms, real estate companies, title companies, accounting firms, skincare clinics, and beauty salons. The building is available for immediate occupancy, allowing for a swift and seamless transition for new tenants. The landlord is known for flexible lease terms and an accommodating approach, making this an attractive proposition for businesses seeking a comfortable and adaptable workspace. The asking price is $579,000.

    Property profile
    Verified
    Property type Banks
    Use group FINANCIAL BUILDING
    Year built 1975
    Lot 0.13 ac (5,587 SF)
    APN 18-01-118-017
    UPID US28-2133018
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Blend (final) Blend
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    Owner & transaction history
    11849 S Kedzie LLC · 2 yrs held
    11849 S Kedzie LLC
    since 2024
    Last sale
    $246,000
    2 recorded transactions
    2024
    $246,000
    2011
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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