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4238 Joliet Avenue

Lyons, IL 60534
  • $550,000
  • STATUS: Active
  • ON SITE: 89 Days
  • MLS #: 12309938
UPDATED: 71 min ago
$550,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1919
County:
Area:

School Ratings & Info

Description

Investors DREAM!!! This is a Money Maker! This brick/frame mixed-use building presents an excellent investment opportunity. It features three apartments and two storefronts, housing a total of six tenants, including a rented two-car garage. Adjacent to the property is a substantial vacant land parcel, with zoning to be determined by the village. Taxes reflect both parcels. 2R: Spacious 3 bed, 1 bath unit with a duplexed attic leading to the roof. 2F: Comfortable 2 bed, 1 bath unit. 1R: Cozy 2 bed, 1 bath unit with basement access. 4236 Storefront: Currently an office space. 4238 Storefront: Currently a beauty shop. The lot with the building totals 5,890 sq ft, with the building itself covering 4,298 sq ft. The adjacent vacant land lot is 5,878 sq ft. The building is fully rented, offering significant income potential. Additionally, there are three exterior parking spaces. The property is being sold in AS-IS condition, with the buyer to assume any village compliance repairs if necessary. This property is a must see, so schedule your appointment Today! This is a very unique opportunity for any investor or end user that wants to own a property and run their business from the location. The vacant lot would have to go in front of the Zoning Board to see if there is potential to build on that parcel of land. The lot is a great place to have social gatherings and enjoy. This property is located on the 4th of July parade route and is in the center of town. 1 block away from Village Parks and all city hall events. This is the perfect location!

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© 2025 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Leila Keene & Marjorie Allabastro Team | Baird & Warner. Based on information submitted to the MRED as of 2025-06-12T20:07:48.913 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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4238 Joliet Avenue Lyons, IL 60534

  • Price: $550,000
  • Status: Active
  • On Site: 89 Days
  • Updated: 71 min ago
  • MLS #: 12309938
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1919
Built
Neighborhood:
Cook
County:
Cook
Area:
Cook
Property Description
Investors DREAM!!! This is a Money Maker! This brick/frame mixed-use building presents an excellent investment opportunity. It features three apartments and two storefronts, housing a total of six tenants, including a rented two-car garage. Adjacent to the property is a substantial vacant land parcel, with zoning to be determined by the village. Taxes reflect both parcels. 2R: Spacious 3 bed, 1 bath unit with a duplexed attic leading to the roof. 2F: Comfortable 2 bed, 1 bath unit. 1R: Cozy 2 bed, 1 bath unit with basement access. 4236 Storefront: Currently an office space. 4238 Storefront: Currently a beauty shop. The lot with the building totals 5,890 sq ft, with the building itself covering 4,298 sq ft. The adjacent vacant land lot is 5,878 sq ft. The building is fully rented, offering significant income potential. Additionally, there are three exterior parking spaces. The property is being sold in AS-IS condition, with the buyer to assume any village compliance repairs if necessary. This property is a must see, so schedule your appointment Today! This is a very unique opportunity for any investor or end user that wants to own a property and run their business from the location. The vacant lot would have to go in front of the Zoning Board to see if there is potential to build on that parcel of land. The lot is a great place to have social gatherings and enjoy. This property is located on the 4th of July parade route and is in the center of town. 1 block away from Village Parks and all city hall events. This is the perfect location!
Exterior Features

Exterior Building Type Brick Outdoor Parking 1-5 Spaces

Interior Features

Cooling None Heat Ventilation Gas Number Of Dryers 1 Number Of Ranges 3 Number Of Washers 1

Property Features

Additional Parcels YN Yes Approximate Age Older Built Before1978 YN Yes Electric Circuit Breakers Fire Protection Carbon Monoxide Detector(s) Geographic Locale Southwest Suburban Gross Income 49350 Gross Scheduled Income 0 Insurance Expense 0 Mls Actual Status Active Number Of Tenants 6 Property Sub Type Mixed Use Rental Price 0 Tax Annual Amount 11002.3 Tax Year 2023 Tenant Pays Varies by Tenant Total Monthly Income 0 Township Lyons Type Mixed Use Zoning COMMR

Listing information © 2025 Midwest Real Estate Data LLC.
Listing provided courtesy of Capital Investment Realty Group Inc: 708-692-7283.


© 2025 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Leila Keene & Marjorie Allabastro Team | Baird & Warner. Based on information submitted to the MRED as of 2025-06-12T20:07:48.913 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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