7821 43rd St, Lyons, IL 60534-1572
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.