Lyons, IL 60534 4016-4018 Joliet Avenue
$795,000
17 more
Presented By: One Eighty Real Estate Group
Home Details
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.
Presented By: One Eighty Real Estate Group
General for 4016-4018 Joliet Avenue
Additional Parcels Y/NNo
Cap Rate8
CityLyons
CoolingCentral Air, Window Unit(s)
CountyCook
DirectionsEast on Ogden to Joliet Ave. South to property
ElectricCircuit Breakers, Service - 101 to 200 Amps
Electric Expense912
Fuel Expense2025
Gross Income81600
Insurance Expense2193
Lot Size Square Feet10080
MLS AreaLyons
Net Operating Income64123
Number Of Units Total5
Operating Expense17477
Property SubtypeMixed Use
Property TypeCommercial Sale
Property TypeMixed Use
Standard StatusActive
StatusActive
Stories Count2
Tax Annual Amount9159
Tax Year2024
Tenant PaysElectricity, Varies by Tenant
Trash Expense1650
Water Sewer Expense1538
Year Built1903
ZoningCOMMR
Exterior for 4016-4018 Joliet Avenue
Lot Dimensions65x170
Additional Details
Price History
