4337 Prescott Ave & 7821 43rd St | Lyons
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
4337 Prescott Ave & 7821 43rd St | Lyons
2 Multifamily Properties Offered at $3,100,000 in Lyons, IL
Investment Highlights
- Two 12-Unit Multifamily Properties, Located Blocks Apart
- Fully Occupied, Immediate Cash Flow
- Owned Washers/Dryers in On-Site Laundry
- Mix of Four One-Bedroom and Eight Two-Bedroom Units Per Property
- Recent Upgrades: New Heating, Security Systems, and Unit Renovations
- Stable Occupancy with Value-Add Potential
Executive Summary
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.
Please also view nearby 18-Unit For Sale:
9826 Sayre Ave | Chicago Ridge, IL 60415
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.
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.
Please also view nearby 18-Unit For Sale:
9826 Sayre Ave | Chicago Ridge, IL 60415
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.
Property Facts
| Price | $3,100,000 | Number of Properties | 2 |
| Price / SF | $124.84 / SF | Individually For Sale | 0 |
| Cap Rate | 6.23% | Total Building Size | 24,831 SF |
| Sale Type | Investment | Total Land Area | 0.64 AC |
| Status | Active |
| Price | $3,100,000 |
| Price / SF | $124.84 / SF |
| Cap Rate | 6.23% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 24,831 SF |
| Total Land Area | 0.64 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 4337 Prescott Ave, Lyons, IL 60534 | Multifamily | 13,005 SF | 1965 | - |
| 7821 43rd St, Lyons, IL 60534 | Multifamily | 11,826 SF | 1968 | - |
1 of 1
1 of 16
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
4337 Prescott Ave & 7821 43rd St | Lyons
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.