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4337 Prescott Ave, Lyons, IL 60534

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For Sale

$1,520,000

12 baths • 13,005 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • $116.88
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

4337 Prescott Avenue, a 12-unit multifamily property located in Lyons, Illinois. This property includes a mix of three one-bedroom/one-bathroom units and nine two-bedroom/one-bathroom units, thoughtfully designed to meet tenant needs. Fully occupied with a stable tenant base, this property offers immediate cash flow and efficient management. Recent improvements include a new heating system, HD security cameras, and remodeled bathrooms in select units. Owned washers and dryers in the on-site laundry, individual heating controls, and ample surface parking enhance tenant convenience and satisfaction. This property presents an excellent opportunity to acquire a well-maintained asset with potential for increased returns through strategic rental adjustments and additional unit updates. Location Description 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. HIghlights 12-unit multifamily property Unit mix: Three 1BR/1BA and Nine 2BR/1BA units Fully occupied with immediate cash flow Recent upgrades: heating system, security cameras, and unit renovations On-site laundry with owned washers and dryers Individual heating controls and ample surface parking Stable tenant base with value-add potential
MLS# 11351712

Courtesy Of eXp Commercial

(630) 474-6441

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Dock
  • Architecture Style
    Other
  • Exterior Type
    Brick, Wood Siding
  • Floor Covering
    Laminate, Tile
  • Heating System
    Baseboard
  • Lot Size
    0.31 Acres
  • Roof Type
    Asphalt

Map and Directions

Directions to 4337 Prescott Ave, Lyons, IL 60534

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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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