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Home For Sale Illinois Lyons 5828
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Apartment Building For Sale By Owner

FOR SALE: Renovated Brick 6-Flat Apartment Building in Lyons IL -100% Occupied




4533 Prescott Avenue, Lyons, Illinois 60534 United States
Description

Great Opportunity! (NOT ON THE MLS) Totally Renovated 6 Flat Apartment Building For Sale in Lyons Illinois. 100% Occupied with long-term stable tenants. Nice corner lot with great visibility on Prescott/Joliet Rd (Old Rt 66) in nice residential neighborhood with single family homes and good schools. New renovation means virtually no maintenance or late night calls. Nice investment and money-maker!

• 100% occupied, with long-term stable nice quiet tenants on 1 year leases. Always a waiting list. (No Sec-8's)
• This property's interior was gutted and renovated, wall to wall, in the last 5 years. Including updated electrical, electrical panels, electric meters, plumbing, doors, stairs, walls, windows, insulation, balconies, hardwire fire/smoke alarms, new appliances, carpet, tile floors, coin operated washers/dryers, HVAC most units, kitchen cabinets, bathrooms, light fixtures, storm windows, balcony doors, partial gutter replacement, roof, plumbing, water meter and backflow valve.
Over $325,000 in documented recent renovations.
• Tenants pay all electric utilities for their individual HVAC, Hot Water Heaters, Lights, Stove, etc.
• Coin operated washer and drier in lower level laundry room.
• Off-street, 10 space, private parking lot.
• Great central location to Chicago and suburbs - 7 minutes from two trains stations. 10 minute walk to bus stop. 5 minute drive to Stevenson Expressway.

Real Estate Agents with prequalified buyers welcome.

Price: $595,000
Property Sub-Type: Apartment Building
Cap Rate: 6.4 %
Total Building Size: 4200 SF
No of Stories: 3
No of Parking Stalls: 10
Occupancy: 100 %
Listing ID: 5828

Map of: 4533 Prescott Avenue, Lyons, Illinois 60534 United States

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