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- LoopNet Team
4533 Prescott Ave
Lyons, IL 60534
Renovated Brick 6-Flat in Lyons IL -100% Occ. · Multifamily Property For Sale
·
6 Units
PROPERTY FACTS
| No. Units | 6 | Building Size | 4,500 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1975/2014 |
| Building Class | C | Parking Ratio | 10/1,000 SF |
| Lot Size | 0.40 AC | ||
| Zoning | Residential | ||
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.40 AC |
| Building Size | 4,500 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built/Renovated | 1975/2014 |
| Parking Ratio | 10/1,000 SF |
| Zoning | Residential |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Balcony
- Storage Space
- Washer/Dryer
- Washer/Dryer Hookup
- Heating
- Security System
- Tile Floors
- Kitchen
- High Speed Internet Access
- Refrigerator
- Oven
- Range
- Tub/Shower
- Carpet
- Breakfast Nook
- Deck
- Dining Room
- Family Room
- Handrails
- Intercom
- Lawn
- Pantry
- Vinyl Flooring
SITE AMENITIES
- 24 Hour Access
- Walking/Biking Trails
ABOUT 4533 PRESCOTT AVE , LYONS, IL 60534
Great Opportunity! Totally Renovated 6 Flat Apartment Building For Sale in Lyons Illinois. 100% Occupied with long-term stable tenants. Fantastic cash flow! Nice corner lot with great visibility on Prescott/Joliet Rd (Old Rt 66) in nice residential neighborhood with single family homes and good schools. New renovation means virtually no maintenance or late night calls. Nice investment and money-maker! • 100% occupied, with long-term stable nice quiet tenants on 1 year leases. Always a waiting list. • This property's interior was gutted and renovated, wall to wall, in the last 5 years. Including updated electrical, electrical panels, electric meters, plumbing, doors, stairs, walls, windows, insulation, balconies, hardwire fire/smoke alarms, new appliances, carpet, tile floors, coin operated washers/dryers, HVAC most units, kitchen cabinets, bathrooms, light fixtures, storm windows, balcony doors, partial gutter replacement, roof, plumbing, water meter and backflow valve. Over $325,000 in documented recent renovations. • Tenants pay all electric utilities for their individual HVAC, Hot Water Heaters, Lights, Stove, etc. • Coin operated washer and drier in lower level laundry room. • Off-street, 10 space, private parking lot. • Great central location to Chicago and suburbs - 7 minutes from two trains stations. 10 minute walk to bus stop. 5 minute drive to Stevenson Expressway. Separate electric HVAC, water heaters, electric appliances - all electric apartments - perfect condo conversion! Adjacent multi-family property was recently renovated and converted to condos. This property is now listed on MLS# 10466401 Property sold "as-is".
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 3 | $800.00 | - |
| 2+1 | 3 | $950.00 | - |
PROPERTY TAXES
| Parcel Number | 18-01-316-056-0000 | Improvements Assessment | $41,631 |
| Land Assessment | $4,092 | Total Assessment | $45,723 |
PROPERTY TAXES
