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4238 Joliet Ave , Lyons, IL 60534
$499,900
Est. Payment: $2,728.16/mo
0.14 Acres
Status: active | Days on site: 8
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24167 - 229145
By proceeding and clicking the sign up button, you consent to receive calls and texts (SMS/MMS) including marketing and promotional communications, from IDX Support, its affiliates, and agents or vendors acting on their behalf. These communications may be delivered using an automatic telephone dialing system or by using an artificial or prerecorded voice. Message and data rates may apply. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms of Use and Privacy Policy.
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House 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 in a business district. 2R: Spacious 3 bed, 1 bath unit. 2F: Comfortable 2 bed, 1 bath unit. 1R: Cozy 2 bed, 1 bath unit. 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. Additionally, there are three exterior parking spaces. The property needs TLC and is being sold in AS-IS condition, with the buyer to assume any village compliance repairs. 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! Ask to see the violation list and buyer to assume. Property sold As Is. Must See!
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Highlights

Listed by Otis Lazich , 708-692-7283 Capital Investment Realty Group Inc , 708-692-7283. Midwest Real Estate Data mls logo

Property Type

Commercial Sale
Lot/Acreage
0.14

Year Built

1919

County

Cook

Area

Lyons

Listing ID

12773485

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Interior Features

Exterior Features

Lot Dimensions:82X142
Zoning:COMMR
Parking Features:1-5 Spaces
Principal Interest
$2,728
Taxes
$1,035

Home Price

$499,900

Loan Details

30 yrs
7.25%

Down Payment

20%
$99,980
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$2,728.16

Principal

Taxes

Principal Taxes HOA Total
Monthly $2,728.16 $1,035.42 $0.00 $3,763.58
Yearly $32,737.91 $12,425.01 $0.00 $45,162.92
Total $982,137.38 $372,750.30 $0.00 $1,354,887.68
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Market insight data is pulled from the same city as the listing being viewed (Lyons, IL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information submitted to the MRED as of the date listed below. 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. 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. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end user license agreement prescribed by the Member Participant's applicable MLS if any and as amended from time to time.

Based on information submitted to the MLS GRID as of the date listed below. All data is obtained from various sources and may not have been verified by broker or MLS GRID. 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. IDX information is provided exclusively for consumers' personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant's applicable MLS if any and as amended from time to time. MLS GRID may, at its discretion, require use of other disclaimers as necessary to protect Member Participant, and/or their MLS from liability. Some listings have been excluded from this website.

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Data last updated: 2026-10-27T06:57:04.000Z

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