Log In/Sign Up
Your email has been sent.
4016-4018 Joliet Ave
Lyons, IL 60534
Retail Property For Sale
Executive Summary
Excellent investment opportunity in Lyons featuring 3 apartments, 2 storefronts and warehouse/contractor garage. Each storefront has their own bathroom and kitchens. 10' ornate ceilings. The 2-contractor garage/warehouse spaces are approximately 1100sq ft each 11'Overhead doors and 14' interior ceiling height. Garage/warehouse spaces rented for $850 and $900. Parking on grounds for at least 8 cars. Coin laundry. Newer boiler and windows. Long time owner is retiring. Apartment rents are low and could be raised to reflect market value with new ownership.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
3,000 SF
Building Class
B
Year Built
1903
Price
$749,000
Price Per SF
$249.67
Cap Rate
8.56%
NOI
$64,123
Percent Leased
100%
Building Height
2 Stories
Building FAR
0.29
Lot Size
0.24 AC
Frontage
46’ on Joliet Ave
Property Taxes
| Parcel Number | 18-02-206-068-0000 | Improvements Assessment | $24,486 |
| Land Assessment | $5,796 | Total Assessment | $30,282 |
Property Taxes
Parcel Number
18-02-206-068-0000
Land Assessment
$5,796
Improvements Assessment
$24,486
Total Assessment
$30,282
1 of 6
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
