Share Listing   Show Commission
  Edit Listing
Last updated on January 22nd, 2025

Fully Occupied 12-Unit Multifamily Property

$1,580,000

7821 43rd Street, Lyons, Illinois 60534


Building Size11,826 Square Feet
Land Size0.32 Acres
Units12
ZoningB3 - Multifamily
Parking18 Surface Parking
WaterMunicipal
SewerMunicipal
Year Built1966
ConstructionWood Frame/Brick
RoofGabled Shingle Roof - 2020
Units12
Unit MixFour 1 Bds/8 2 Bds
Occupancy100%

eXp Commercial is proud to present 7821 43rd Street, a 12-unit multifamily property located in Lyons, Illinois. This property features four one-bedroom/one-bathroom units and eight two-bedroom/one-bathroom units, providing a range of options for tenants. Fully occupied, the property delivers consistent income and low operational demands.

Recent updates include a new heating system, HD security cameras, and selective unit renovations. Tenants benefit from owned washers and dryers in the on-site laundry, individual heating controls, and on-site parking. Its proximity to retail, dining, and transit further strengthens its appeal.

This property is an attractive investment with stable cash flow and room for enhanced returns through continued improvements and rent growth.

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.

HIghlights
12-unit multifamily property
Unit mix: Four 1BR/1BA and Eight 2BR/1BA units
Fully occupied with consistent income
Recent upgrades: heating system, security cameras, and unit renovations
On-site laundry with owned washers and dryers
Individual heating controls and on-site parking
Strong location near retail, dining, and transit

Property Website/OM: https://www.creconsult.net/chicago-multifamily-listings/multifamily-property-lyons-il/


The information contained herein is from sources deemed reliable, but is subject to errors, omissions, and withdrawal without notice.

Top of Page