4016-4018 Joliet Avenue Lyons, IL $ 795,000
4016-4018 Joliet Avenue
$ 795,000
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4016-4018 Joliet Avenue

Lyons, IL, 60534
$ 795,000
Bedrooms-- Baths--

Monthly Estimate*

$ 4,895

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Commercial Property for sale in Lyons, IL

for $795,000. This building was built in 1903 on a lot size of 0.231405.

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.

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Commercial Active

Price

$ 795,000

Property Type

Commercial

Taxes

$ 9,159

Style

Lot Size

0.231405

Year Built

1903

Town/City

Lyons

County/Region

Cook

MLS | Web ID

12654126

Features
General
Cooling Central Air Window Unit(s)
Zoning COMMR
Year Built 1903
Electric Circuit Breakers Service - 101 to 200 Amps
Tenant Pays Electricity Varies by Tenant
Stories Count 2
Property Subtype Mixed Use
Tax Year 2024
Gross Income 81600
County Cook
Net Operating Income 64123
Operating Expense 17477
Insurance Expense 2193
Property Type Commercial Sale Mixed Use
Status Active
Directions East on Ogden to Joliet Ave. South to property
City Lyons
Number Of Units Total 5
MLS Area Lyons
Lot Size Square Feet 10080
Tax Annual Amount 9159
Electric Expense 912
Fuel Expense 2025
Trash Expense 1650
Water Sewer Expense 1538
Additional Parcels Y/N N
Standard Status Active
Cap Rate 8
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Exterior
Lot Dimensions 65x170
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* Excluded Features
List By
One Eighty Real Estate Group

Broker

dkumskis@180reg.com;davidkumskis@gmail.com

Email

Affordability Calculator

$5,658
Per Month
87%
13%
0%
Monthly Principal & Interest
$4,895
Monthly Property Taxes
$763
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/26/2026$795,000 Listed Price

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4016-4018 Joliet Avenue, Lyons, IL, 60534 is a Commercial Property for sale at $795,000 with a lot size of 0.231405. 4016-4018 Joliet Avenue was built in 1903. The property's zip code is 60534 which is in Lyons, IL