4337 Prescott Ave & 7821 43rd St | Lyons, IL

For Sale

4337 Prescott Ave, Lyons, IL 60534

This Lyons property for sale is located at 4337 Prescott Ave. The current listed sale price for 4337 Prescott Ave & 7821 43rd St | Lyons, IL is $3,100,000. 4337 Prescott Ave & 7821 43rd St | Lyons, IL is situated on a lot that is 0.63 acre in size.

Contacts

broker

Dave Snehal, CCIM

eXp Commercial

Property Details

  • Property Type Multi-Family
  • Property Size 24,831 SF
  • Units 24
  • Lot Size 0.63 Acre
  • Additional Rent Contact for pricing
  • Parking Spaces Avail. 36
  • Property Tenancy Multi-Tenant
  • Year Built 1966
  • Year Renovated 2024
  • Date Updated Oct 9, 2024
Lyons, a Cook County suburb located 13 miles southwest of downtown Chicago, offers convenient access to Route 34, Route 43, and Interstate 55, as well as the Riverside Metra Station and nearby PACE bus stops, making it ideal for commuters. Positioned near Ogden Avenue, the properties are close to retail and dining options like ALDI, Jewel-Osco, and Starbucks, with parks, schools, and Brookfield Zoo nearby. The West Cook County multifamily market is characterized by strong rental demand, low vacancy rates, and limited new construction, providing a stable environment for investors seeking long-term returns.eXp Commercial is pleased to present this exclusive offering of a two-property, 24-unit multifamily portfolio in Lyons, Illinois. The portfolio includes 4337 South Prescott Avenue and 7821 West 43rd Street, located just blocks apart, providing streamlined management and operational efficiency. Each property consists of 12 units, offering a mix of four one-bedroom/one-bathroom units and eight two-bedroom/one-bathroom units, catering to a range of tenant needs. Both properties are fully occupied, offering investors immediate cash flow from a stable tenant base. Recent capital improvements across both properties include new heating systems, modernized security systems with HD video cameras, and selective unit renovations. Each property is equipped with owned washers and dryers in on-site laundry facilities, offering convenience for tenants and an additional revenue stream. Ample off-street parking further enhances the appeal of these properties. Additionally, individual unit heating controls and updated bathrooms provide comfort for tenants and ease of management for new ownership. This portfolio presents a rare opportunity to acquire two well-maintained assets with significant potential for increased returns through continued unit updates and rental adjustments as leases renew.

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Highlights

  • Two 12-Unit Multifamily Properties, Located Blocks Apart
  • Mix of Four One-Bedroom and Eight Two-Bedroom Units Per Property
  • Fully Occupied, Immediate Cash Flow
  • Recent Upgrades: New Heating, Security Systems, and Unit Renovations
  • Owned Washers/Dryers in On-Site Laundry
  • Individual Unit Heating Controls, Updated Bathrooms
  • Ample On-site Parking
  • Easy Access to Highways, Metra, and PACE Bus
  • Close to Retail, Dining, Schools, and Brookfield Zoo
  • Stable Occupancy with Value-Add Potential

Getting around

  • 64/100

    Walk Score ®

  • 63/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Lyons, IL
  • Zip Code 60534
  • Market Chicago

Points of Interest

  • Riverside

    1.05 miles

  • Hollywood

    1.13 miles

  • Summit

    1.26 miles

  • Brookfield

    1.41 miles

  • Harlem Avenue

    1.64 miles

  • Berwyn

    1.98 miles

  • Congress Park

    2.03 miles

  • LaGrange Road

    2.70 miles

  • Stone Avenue

    3.04 miles

  • 54th/Cermak

    4.23 miles

  • Mobil

    0.53 miles

  • Compass

    0.70 miles

  • BP

    0.79 miles

  • Shell

    0.93 miles

  • Exxon

    1.18 miles

  • ChargePoint

    1.42 miles

  • Arco

    1.51 miles

  • Citgo

    1.52 miles

  • Soofa Solar Phone Charger

    6.50 miles

  • EVgo

    7.07 miles

  • Overflow Lot

    1.44 miles

  • South Lot

    1.46 miles

  • Discovery Center Lot

    1.68 miles

  • North Lot

    1.92 miles

  • Parking Deck

    2.56 miles

  • Madison Ave Lot

    2.67 miles

  • Harris Ave Lot

    2.69 miles

  • Calendar Ave Lot

    2.73 miles

  • Midway Parking

    3.04 miles

  • Midway Employee Parking

    3.05 miles

  • Rodeway Inn Brookfield

    1.00 miles

  • Presidential Inn

    1.00 miles

  • Chicagoland Motel

    1.07 miles

  • Brookfield Motel

    1.16 miles

  • Pioneer Motel

    1.23 miles

  • Colony Motel

    1.80 miles

  • Hampton Inn & Suites Bridgeview Chicago

    3.27 miles

  • Holiday Inn Countryside

    3.62 miles

  • Best Western Plus

    3.66 miles

  • Travel Inn Motel

    3.86 miles

  • Marshalls

    0.94 miles

  • ALDI

    0.97 miles

  • Jewel-Osco

    1.09 miles

  • Riverside Foods

    1.17 miles

  • Torres Supermarket

    1.89 miles

  • Tischler's Fine Foods

    2.00 miles

  • JCPenney

    2.38 miles

  • North Riverside Park Mall

    2.48 miles

  • Amazon Fresh

    2.56 miles

  • Olivaceto

    2.60 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Dave Snehal, CCIM

eXp Commercial