7821 43rd St - Apartments FOR SALE


Lyons, IL 60534
$1,580,000 USD
773-230-8055
7821 43rd St, Lyons, IL for Sale
$1,580,000 USD
Apartments - FOR SALE
1/9
null | 6.78% Cap Rate

7821 43rd St
Lyons, IL 60534


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
  • Strong location near retail, dining, and transit

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$1,580,000 USD

PRICE/SF

$134 USD /SF

# OF UNITS

12

PRICE/UNIT

$131,667

CAP RATE

6.78%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1968

PARKING SPACES

18

LAND DETAILS

LAND ACRES

0.33 AC

LAND SF

14,225 SF

ZONING

R3

APN/PARCEL ID

18-01-304-001-0000

ASK ABOUT THIS PROPERTY

Dave Snehal, CCIMeXp CommercialMore Info
773-230-8055

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Dave Snehal, CCIMeXp CommercialMore Info
773-230-8055

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.